


DZD information
About Moroccan Dirham (MAD)
The Moroccan Dirham (MAD), introduced in 1960, is not just the official currency of Morocco; it symbolizes the nation's deep historical roots and its journey towards economic modernization. It is commonly abbreviated as MAD and represented by the symbol د.م. Replacing the Moroccan Franc, the Dirham marked a new era in Morocco's economic independence following the country's liberation from French and Spanish protectorates.
Historical Background
The introduction of the Moroccan Dirham was a significant milestone in Morocco’s post-colonial era, underscoring the country's move towards establishing a sovereign financial system. This transition was key in manifesting Morocco's new national identity and economic autonomy.
Design and Symbolism
The design of the Moroccan Dirham is a tribute to the country's rich cultural and historical heritage. Banknotes and coins are adorned with images of the late King Mohammed V, modern architectural marvels, and traditional motifs that reflect Morocco's artistic legacy. These designs not only serve as a medium of financial transaction but also tell the story of Morocco's past and present.
Economic Role
The Dirham is central to Morocco’s mixed economy, which is bolstered by sectors like agriculture, mining, manufacturing, and tourism. As the primary medium of exchange, it underpins domestic and international trade, facilitating economic activities that drive growth and development.
Monetary Policy and Stability
Managed by Bank Al-Maghrib, Morocco's central bank, the Dirham has been relatively stable, benefiting from prudent fiscal and monetary policies. The bank's strategies aim to maintain currency stability and inflation control, crucial for economic growth and investor confidence.
International Trade and the Moroccan Dirham
The Dirham plays a significant role in international trade, particularly in the context of Morocco's key exports like phosphates, agricultural products, and textiles. A stable Dirham is vital for maintaining competitive export prices and fostering a favorable trade balance.
Remittances and Economic Impact
Remittances from Moroccans living abroad, particularly in Europe, are an important source of foreign currency. These inflows, exchanged into Dirhams, significantly contribute to the national economy and support the currency's stability.
MATICX to DZD conversion rate trend
MATICX to DZD market statistics
More info about Stader MaticX on Bitget
Current MATICX to DZD exchange rate
Stader MaticX to Moroccan Dirham is rising this week.MATICX to DZD Conversion tables
The exchange rate of Stader MaticX is decreasing.MATICX to DZD
DZD to MATICX
MATICX to DZD Today vs. 24 hours ago
Amount | 16:56 today | 24 hours ago | 24h change |
---|---|---|---|
0.5 MATICX | د.ج13.68 | د.ج13.96 | -2.01% |
1 MATICX | د.ج27.36 | د.ج27.92 | -2.01% |
5 MATICX | د.ج136.81 | د.ج139.62 | -2.01% |
10 MATICX | د.ج273.62 | د.ج279.24 | -2.01% |
50 MATICX | د.ج1,368.1 | د.ج1,396.19 | -2.01% |
100 MATICX | د.ج2,736.2 | د.ج2,792.37 | -2.01% |
500 MATICX | د.ج13,681 | د.ج13,961.87 | -2.01% |
1000 MATICX | د.ج27,362.01 | د.ج27,923.75 | -2.01% |
MATICX to DZD Today vs. 1 month ago
Amount | 16:56 today | 1 month ago | 1M change |
---|---|---|---|
0.5 MATICX | د.ج13.68 | د.ج16.31 | -16.11% |
1 MATICX | د.ج27.36 | د.ج32.61 | -16.11% |
5 MATICX | د.ج136.81 | د.ج163.07 | -16.11% |
10 MATICX | د.ج273.62 | د.ج326.15 | -16.11% |
50 MATICX | د.ج1,368.1 | د.ج1,630.73 | -16.11% |
100 MATICX | د.ج2,736.2 | د.ج3,261.46 | -16.11% |
500 MATICX | د.ج13,681 | د.ج16,307.3 | -16.11% |
1000 MATICX | د.ج27,362.01 | د.ج32,614.61 | -16.11% |
MATICX to DZD Today vs. 1 year ago
Amount | 16:56 today | 1 year ago | 1Y change |
---|---|---|---|
0.5 MATICX | د.ج13.68 | د.ج50.53 | -72.92% |
1 MATICX | د.ج27.36 | د.ج101.05 | -72.92% |
5 MATICX | د.ج136.81 | د.ج505.26 | -72.92% |
10 MATICX | د.ج273.62 | د.ج1,010.52 | -72.92% |
50 MATICX | د.ج1,368.1 | د.ج5,052.62 | -72.92% |
100 MATICX | د.ج2,736.2 | د.ج10,105.23 | -72.92% |
500 MATICX | د.ج13,681 | د.ج50,526.15 | -72.92% |
1000 MATICX | د.ج27,362.01 | د.ج101,052.31 | -72.92% |
How to convert MATICX to DZD



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