Official Dollar Rate in Morocco
Central bank official USD/MAD / USD rate today
Official Rate
9.85
1 USD = 9.85 MAD / USD
Parallel Rate
9.92
1 USD = 9.92 MAD / USD
Understanding the Official Rate
The official exchange rate in Morocco is the rate established by the central bank for use in licensed banks, government transactions, and regulated financial institutions. It represents the floor price for foreign currency exchange and is used for calculating import costs, debt servicing, and official statistics.
Currently, the official USD to MAD / USD rate is 9.85, while the parallel market trades at 9.92 — a spread of 0.7%. This gap is a critical indicator of foreign exchange market health in Morocco.
Official Rate FAQ
The official USD to MAD / USD rate in Morocco is 9.85. This rate is set by the central bank and applies to official banking transactions.