Euro to Moroccan Dirham
🇲🇦Live official & parallel EUR/MAD exchange rate — updated daily
Official Rate
10.660
1 EUR = 10.660 MAD
Parallel Rate
10.806
1 EUR = 10.806 MAD
Spread
1.37%
Parallel premium over official
7-Day Trend
EUR to MAD Rate History
30-day, 90-day, and 1-year charts
About EUR/MAD
The Euro (EUR) to Moroccan Dirham (MAD) exchange rate reflects the value of one EUR in MAD. SARF tracks both the official central bank rate and the parallel market rate, which together reveal the true cost of foreign exchange in MENA markets. The spread between these two rates is a key indicator of economic pressure and currency market fragmentation.
The Moroccan Dirham (MAD) operates under a managed float regime, with the central bank allowing limited flexibility. Morocco's FX market is one of the most open in North Africa, with tight spreads and active participation.
Frequently Asked Questions
The official EUR to MAD exchange rate today is 10.66017. This rate is set by the relevant central bank and used for formal banking transactions.