MAD to USD in 2023
Monthly average Moroccan Dirham/United States Dollar exchange rates in 2023, with the year’s high, low and change.
1 Moroccan Dirham in United States Dollar, mid-market. 2023 opened at 0.095826 and closed at 0.10121.
MAD to USD Chart, 2023
MAD to USD by Month, 2023
Monthly average, high and low mid-market rates for 1 Moroccan Dirham in United States Dollar during 2023.
| Month | Average | High | Low |
|---|---|---|---|
| January 2023 | 0.097722 | 0.099165 | 0.095129 |
| February 2023 | 0.097075 | 0.098933 | 0.095840 |
| March 2023 | 0.096626 | 0.097976 | 0.095649 |
| April 2023 | 0.098499 | 0.099420 | 0.097523 |
| May 2023 | 0.098860 | 0.10008 | 0.097761 |
| June 2023 | 0.099432 | 0.10108 | 0.098021 |
| July 2023 | 0.10242 | 0.10332 | 0.10100 |
| August 2023 | 0.10077 | 0.10263 | 0.098727 |
| September 2023 | 0.097761 | 0.098658 | 0.096852 |
| October 2023 | 0.097227 | 0.097669 | 0.096745 |
| November 2023 | 0.098358 | 0.099611 | 0.097076 |
| December 2023 | 0.099571 | 0.10207 | 0.098346 |
Source: daily mid-market rates. Averages are over trading days.
MAD/USD in 2023: key facts
In 2023, 1 Moroccan Dirham was worth 0.098709 USD on average. The pair opened 2023 at 0.095826 and closed at 0.10121 — a change of +5.62%. The 2023 high was 0.10332 USD and the low was 0.095129 USD, based on 365 trading days of daily mid-market rates.
July had 2023’s highest monthly average at 0.10242 USD per MAD; March had the lowest, at 0.096626 USD.
MAD/USD 2023 FAQ
What was the average MAD/USD rate in 2023?
In 2023, 1 MAD was worth 0.098709 USD on average, ranging between a low of 0.095129 and a high of 0.10332 USD over the year.
Which month had the MAD/USD rate highest and lowest in 2023?
July had the highest average rate in 2023, at 0.10242 USD per MAD; March had the lowest, at 0.096626 USD.