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).

Australian Dollar

Australian Dollar

The Australian dollar (sign: $; code: AUD) is the currency of the Commonwealth of Australia, including its external territories Christmas Island, Cocos (Keeling) Islands, and Norfolk Island, as well as the independent Pacific Island states of Kiribati, Nauru, Tonga, Tuvalu, and Vanuatu. The Australian dollar was legal tender of Papua New Guinea until 1 January 1976, when the Papua New Guinean kina became the sole legal tender. Within Australia, it is almost always abbreviated with the dollar sign ($), with A$ or AU$ sometimes used to distinguish it from other dollar-denominated currencies. It is subdivided into 100 cents. In 2016, the Australian dollar was the fifth most traded currency in the world, accounting for 6.9% of the world's daily share (down from 8.6% in 2013). It trades in the world foreign exchange markets behind the US dollar, the euro, the yen and the pound sterling. The Australian dollar is popular with currency traders, because of the comparatively high interest rates in Australia, the relative freedom of the foreign exchange market from government intervention, the general stability of Australia's economy and political system, and the prevailing view that the Australian dollar offers diversification benefits in a portfolio containing the major world currencies, especially because of its greater exposure to Asian economies and the commodities cycle. The currency is commonly referred to by foreign-exchange traders as the "Aussie dollar".

6 Moroccan Dirham to Australian Dollar exchange rates chart

6 MAD to AUD exchange rates graph
6 MAD to AUD 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.

6 MAD to AUD exchange rates table

Exchange MAD to AUD
6 Moroccan Dirham = 0.870 Australian Dollar
12 Moroccan Dirham = 1.741 Australian Dollar
30 Moroccan Dirham = 4.352 Australian Dollar
60 Moroccan Dirham = 8.703 Australian Dollar
Exchange Moroccan Dirham to Australian Dollar
6 Moroccan Dirham to Australian Dollar 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/AUD rate at Mohammed V International Airport in Casablanca

6 MAD to AUD exchange rates at Mohammed V International Airport in Casablanca
6 Moroccan Dirham = 0.870 Australian Dollar
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...

6 MAD to AUD 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
Australian dollar slides
Australian dollar slides

Aussie dollar falls against the greenback.

indicative neutral
$A near multi-month highs amid Fed caution - 9Finance

Flaring Sino-US trade tensions have kept the Aussie dollar off its high, but the currency is still at a mul...

conditional neutral
Aussie, kiwi near multi-month highs as Fed caution weighs on dollar

SYDNEY, Nov 19- The Australia and New Zealand dollars held near multi-month peaks on Monday as the greenback stumbled on concerns about slowing.

indicative neutral

6 MAD to AUD currency converter