Convert 1 Moroccan Dirham (MAD) to Swiss Franc (CHF)
Exchange rates used for currency conversion updated on 17th June 2019 ( 17/06/2019 )
Below you will find the latest exchange rate for exchanging Moroccan Dirham (MAD) to Swiss Franc (CHF) , a table containing most common conversions and a chart with the pair's evolution.
The Moroccan Dirham (MAD) to Swiss Franc (CHF) 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 Swiss Franc (CHF)
CHF represents the Swiss franc in international currency markets where it is the sixth most traded currency and it remains the fifth largest world reserve currency. The CHF is under the monetary policy directives of the Swiss National Bank which has an interpreted mandate of price stability. Once thought of as a safe haven currency the CHF experienced a de facto devaluation in 2011 as the worldwide rush toward safety threatened the underlying Swiss economy.
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