CAD to MAD Exchange Rate - Convert Canadian Dollar to Moroccan Dirham

Converting from Canadian Dollar (CAD) to Moroccan Dirham (MAD)

What is Canadian Dollar (CAD)

The Canadian Dollar (CAD) is the official currency of Canada and is one of the most traded currencies in the world. It is denoted by the symbol “$” or “C$” to distinguish it from other dollar-denominated currencies. The Canadian Dollar is subdivided into 100 cents.

Canada's economy is diverse and resource-rich, which influences the strength of the CAD relative to other currencies. Factors such as interest rates, inflation, and the price of oil can significantly affect its value. The Bank of Canada is responsible for issuing the currency and maintaining monetary policy.

The CAD is widely used not just in Canada, but in international trade and financial markets. When converting from CAD to MAD, it is essential to keep in mind the current exchange rate, which can fluctuate based on market conditions.

What is Moroccan Dirham (MAD)

The Moroccan Dirham (MAD) is the official currency of Morocco, denoted by the symbol “د.م.”. The Dirham is subdivided into 100 centimes, but centimes are rarely used in everyday transactions. Morocco has a mixed economy, relying on agriculture, mining, and tourism, which plays a significant role in the stability and valuation of the MAD.

The Bank Al-Maghrib is the central bank of Morocco and is responsible for issuing the Dirham and overseeing monetary policy. The MAD has a managed float exchange rate system, meaning its value is somewhat controlled by the bank. This contrasts with more freely floating currencies, which can fluctuate significantly based on market forces.

When converting currencies, it is crucial to consider not only the current exchange rate but also transaction fees that may apply if you are using bank services or currency exchange services.

Converting CAD to MAD

To convert Canadian Dollars to Moroccan Dirhams, you can use currency converters available online or visit a bank or exchange service. The formula for conversion is straightforward:

Amount in MAD = Amount in CAD × Exchange Rate (CAD to MAD)

For instance, if the current exchange rate is 1 CAD = 7.60 MAD, converting 100 CAD would yield:

100 CAD × 7.60 MAD/CAD = 760 MAD

Always check the latest rates as they can change frequently due to economic conditions. Understanding both currencies will help you make better financial decisions when traveling to Morocco or engaging in trade.

Canadian Dollar to Moroccan Dirham conversion table

CAD to MAD conversion table

Canadian Dollar (CAD)Moroccan Dirham (MAD)
1 CAD6.68627022502 MAD
2 CAD13.37254045004 MAD
3 CAD20.05881067506 MAD
4 CAD26.74508090008 MAD
5 CAD33.4313511251 MAD
6 CAD40.11762135012 MAD
7 CAD46.80389157514 MAD
8 CAD53.49016180016 MAD
9 CAD60.17643202518 MAD
10 CAD66.8627022502 MAD
100 CAD668.62702250196 MAD
200 CAD1 337.25404500392 MAD
300 CAD2 005.88106750588 MAD
400 CAD2 674.50809000784 MAD
500 CAD3 343.1351125098 MAD
600 CAD4 011.76213501176 MAD
700 CAD4 680.38915751372 MAD
800 CAD5 349.01618001568 MAD
900 CAD6 017.64320251765 MAD
1 000 CAD6 686.27022501961 MAD
2 000 CAD13 372.54045003921 MAD
5 000 CAD33 431.35112509803 MAD
10 000 CAD66 862.70225019606 MAD
20 000 CAD133 725.40450039212 MAD
50 000 CAD334 313.51125098029 MAD
100 000 CAD668 627.02250196058 MAD
Last updated April 17, 2025 at 10:55 PM