Convert 1 Moroccan Dirham (MAD) to United Arab Emirates Dirham (AED)
Exchange rates used for currency conversion updated on 20th January 2019 ( 20/01/2019 )
Below you will find the latest exchange rate for exchanging Moroccan Dirham (MAD) to United Arab Emirates Dirham (AED) , a table containing most common conversions and a chart with the pair's evolution.
The Moroccan Dirham (MAD) to United Arab Emirates Dirham (AED) rates are updated every minute using our advanced technology for live forex currency conversion. Check back in a few days for things to buy with this amount and information about where exactly you can exchange currencies om;ine and offline.
Morocco is located in North Africa and is officially referred to as the Kingdom of Morocco. The official currency of Morocco is the Moroccan Dirham. The Dirham is sub-divided into centimes. Money is released in the country through the Bank Al-Maghrib which is the central bank in Morocco. Visitors to the country can exchange currency through the Official Bureauz De Change. Exchanging money in the streets in Morocco is illegal.
About United Arab Emirates Dirham (AED)
AED is the currency code for the United Arab Emirates dirham and is the official currency of the United Arab Emirates (UAE). The dirham is issued in increments of 1/100 dirham = 1 fils. Fils can be confused because of the "s" at the end and appear plural, but fils is in fact a singular word. AED is denominated in 25 fils, 50 fils, and 1 dirham coins and 5, 10, 20, 50, 100, 200, 500, and 1000 dirhams banknotes. The economy of the UAE is advanced, boasting the third highest GDP per capita in the world, the value of the AED is pegged to the United States Dollar, and the currency is issued by the Central Bank of the United Arab Emirates.