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US dollar / Dirham

USD/MAD rate: US dollar against the Moroccan dirham (Bank Al-Maghrib reference rate).

Mid rate
1 USD = 9.26 MAD
Date
August 28, 2026
Performance

USD/MAD rate trend

Reference rate performance over the main periods. As of August 28, 2026. Click a period to update the chart.

from Dec 31, 2025 to Aug 28, 2026
Rate trend

As of August 28, 2026, the USD/MAD rate is up 1.4% year to date.

Exchange rate regime

The dirham fluctuation band

The dirham moves within a ±5% fluctuation band around a central rate set by Bank Al-Maghrib, a regime in place since the March 2020 widening.

Central rate
9.50 MAD
Lower bound
9.03 MAD
Upper bound
9.98 MAD

As of August 28, 2026, the reference rate stands −2.6% away from the central rate.

Understanding the dirham's fluctuation band

FAQ

Frequently asked questions about the USD/MAD rate

How much is 1 USD in Moroccan dirhams?
As of August 28, 2026, 1 USD = 9.26 MAD at the reference rate published by Bank Al-Maghrib. Exchange offices apply different rates.
What is the difference between the buying rate and the selling rate?
The buying rate is the price at which an intermediary buys the currency, the selling rate the price at which it sells it. The spread between the two pays for the exchange operation. The rates published here are Bank Al-Maghrib reference rates, not counter rates.
What is the dirham's exchange rate regime?
The dirham is neither fully pegged nor free-floating: it moves within a ±5% fluctuation band around a central rate set by Bank Al-Maghrib, a regime in place since the March 2020 widening.

Bank Al-Maghrib reference rates. Rates charged by exchange offices differ.

Data updated automatically · last update: August 28, 2026

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