USD to MAD in 2023
Monthly average United States Dollar/Moroccan Dirham exchange rates in 2023, with the year’s high, low and change.
1 United States Dollar in Moroccan Dirham, mid-market. 2023 opened at 10.436 and closed at 9.8804.
USD to MAD Chart, 2023
USD to MAD by Month, 2023
Monthly average, high and low mid-market rates for 1 United States Dollar in Moroccan Dirham during 2023.
| Month | Average | High | Low |
|---|---|---|---|
| January 2023 | 10.235 | 10.512 | 10.084 |
| February 2023 | 10.302 | 10.434 | 10.108 |
| March 2023 | 10.350 | 10.455 | 10.207 |
| April 2023 | 10.153 | 10.254 | 10.058 |
| May 2023 | 10.116 | 10.229 | 9.9921 |
| June 2023 | 10.058 | 10.202 | 9.8930 |
| July 2023 | 9.7637 | 9.9015 | 9.6785 |
| August 2023 | 9.9253 | 10.129 | 9.7435 |
| September 2023 | 10.229 | 10.325 | 10.136 |
| October 2023 | 10.285 | 10.337 | 10.239 |
| November 2023 | 10.167 | 10.301 | 10.039 |
| December 2023 | 10.044 | 10.168 | 9.7976 |
Source: daily mid-market rates. Averages are over trading days.
USD/MAD in 2023: key facts
In 2023, 1 United States Dollar was worth 10.134 MAD on average. The pair opened 2023 at 10.436 and closed at 9.8804 — a change of −5.32%. The 2023 high was 10.512 MAD and the low was 9.6785 MAD, based on 365 trading days of daily mid-market rates.
March had 2023’s highest monthly average at 10.350 MAD per USD; July had the lowest, at 9.7637 MAD.
USD/MAD 2023 FAQ
What was the average USD/MAD rate in 2023?
In 2023, 1 USD was worth 10.134 MAD on average, ranging between a low of 9.6785 and a high of 10.512 MAD over the year.
Which month had the USD/MAD rate highest and lowest in 2023?
March had the highest average rate in 2023, at 10.350 MAD per USD; July had the lowest, at 9.7637 MAD.