USD to MAD Exchange Rate

As of 2026-09-11, 1 USD = 9.3739 MAD (mid-market). Over the past 30 days it has ranged from 9.2308 to 9.4026.

USD: The US dollar floats freely: its value is determined in foreign exchange markets, and neither the U.S. Treasury nor the Federal Reserve targets a level for the exchange rate. MAD: Bank Al-Maghrib sets a daily central rate for the dirham against a basket of currencies weighted 60 percent euro and 40 percent US dollar, and lets the dirham trade within a fluctuation band around that rate rather than at one fixed number. Under a reform begun in January 2018, Bank Al-Maghrib has twice widened the band — from ±0.3% to ±2.5% in January 2018, then to ±5% in March 2020 — describing this as a gradual, voluntary transition from a fixed exchange rate regime toward a more flexible one.