Moroccan Dirham

Moroccan Dirham

The dirham (Arabic: درهم‎ dirham, Berber languages: ⴰⴷⵔⵉⵎ adrim, French: dirham, Spanish: dírha) is the currency of Morocco. It is issued by the Bank Al-Maghrib, the central bank of Morocco. It is subdivided into 100 cents (Arabic: سنتيمات, singular: سنتيم).

Saudi Arabian Riyal

Saudi Arabian Riyal

The Saudi riyal (Arabic: ريال‎ riyāl); is the currency of Saudi Arabia. It is abbreviated as ر.س or SR (Saudi riyal). It is subdivided into 100 halalas (Arabic: هللة‎ Halalah).

2 Moroccan Dirham to Saudi Arabian Riyal exchange rates chart

2 MAD to SAR exchange rates graph
2 MAD to SAR Spot rate – This is known more formally as the ‘interbank’ rate. It is the rate banks or large financial institutions charge each other when trading significant amounts of foreign currency. In the business, this is sometimes referred to as a ‘spot rate’. It is not the tourist rate and you cannot buy currency at this rate, as you are buying relatively small amounts of foreign currency. In everyday life it is the same as the difference between wholesale and retail prices. The rates shown in financial newspapers and in broadcast media are usually the interbank rates.

2 MAD to SAR exchange rates table

Exchange MAD to SAR
2 Moroccan Dirham = 0.788 Saudi Arabian Riyal
4 Moroccan Dirham = 1.576 Saudi Arabian Riyal
10 Moroccan Dirham = 3.941 Saudi Arabian Riyal
20 Moroccan Dirham = 7.881 Saudi Arabian Riyal
Exchange Moroccan Dirham to Saudi Arabian Riyal
2 Moroccan Dirham to Saudi Arabian Riyal Cross rate – This is the rate we give to customers who want to exchange currencies that do not involve the local currency. For example, if you want to exchange Australian dollars into US dollars.

Best MAD/SAR rate at Mohammed V International Airport in Casablanca

2 MAD to SAR exchange rates at Mohammed V International Airport in Casablanca
2 Moroccan Dirham = 0.782 Saudi Arabian Riyal
Mohammed V International Airport
Mohammed V International Airport

Mohammed V International Airport (French: Aéroport international Mohammed V; Arabic: مطار محمد الخامس الدولي, Matar Muhammad al-Khamis ad-Dowaly, IATA: CMN, ICAO: GMMN) is an international airport serving Casablanca, Morocco. Located in Nouaceur Province, it is operated by ONDA (National Airports Office). With just under 8 million passengers passing through the airport in 2014, it was the busiest airport in Morocco and the fourth busiest in Africa.[5][6][7][8][9] In August 2014, ONDA reported...

Best MAD/SAR rate at AL BARAKA X CHANGE in Casablanca

2 MAD to SAR exchange rates at AL BARAKA X CHANGE in Casablanca
2 Moroccan Dirham = 0.769 Saudi Arabian Riyal
AL BARAKA X CHANGE
AL BARAKA X CHANGE

Crée en 2008 Nous sommes un bureau de change situé à Casablanca et autorisé par l'Office des Changes et effectue toutes les oprations d'achat et de vente de devis et Travelers chèques. En 2012 nous avons obtenu l'accord de l'office de changement pour l'ouverture d'une succursale sur l'angle rue de rome et boulvard moulay driss premiers, casablanca. en 2014 nous avons ouvert notre 3 éme succursale au 35 rue zineb ishaac la villette ,casablanca. Notre politique c'est de satisfaire nos clients...

2 MAD to SAR exchange rates news

Morocco's Attijariwafa bank to eye new Africa acquisitions from...

Morocco's Attijariwafa Bank plans to launch a new acquisition push in Africa late next year, starting with Rwanda, Kenya and Ethiopia, a bank executive said on Thursday.

indicative neutral
Morocco to sell La Mamounia hotel, power plant to cut 2019 budget...

Morocco plans to sell the five-star La Mamounia hotel in Marrakech and the Tahaddart power plant in a privatisation push to rein in the budget deficit in 2019, the government spokesman said on Thursday.

conditional negative
Morocco may consider selling stakes in Maroc Telecom in 2019 - finance minister
Morocco may consider selling stakes in Maroc Telecom in 2019 - finance minister

RABAT, Oct 23- Morocco may consider selling stakes next year in Maroc Telecom, the country's largest telecom operator, as it aims at raising 5.

conditional negative
Moroccans Prepare to Look High at Tallest Rabat Skyscraper
Moroccans Prepare to Look High at Tallest Rabat Skyscraper

The construction process of Morocco's tallest skyscraper on the banks of the Bouregreg river in Sale near the capital Rabat, has been launched, the country announced this week.The Bank of Africa

conditional neutral
Date set for auction of Saudi tycoon’s properties

Proceeds of the sale of Maan al-Sanea’s real estate assets will help repay billions of dollars due to creditors, say sources

conditional neutral
Saudi, expat fined half a million riyals for ‘tasattur’ operation in Dammam
Saudi, expat fined half a million riyals for ‘tasattur’ operation in Dammam

The Ministry of Commerce and Investment has defamed a Saudi citizen and an Arab expatriate who were convicted of commercial cover-up (tasattur) by a criminal court.

conditional neutral
Alkhabeer Capital opens subscription to 237m riyal Reit on Tadawul

Alkhabeer REIT Fund has assets in excess of 1bn riyals and invests in seven income-generating properties

conditional positive
Saudi Arabia will not penalize banks that boycotted conference

Saudi Arabia's central bank governor said the kingdom will not penalize foreign banks that boycotted

conditional positive

2 MAD to SAR currency converter