DZD to MAD Exchange Rate - Convert Algerian Dinar to Moroccan Dirham

Converting from Algerian Dinar (DZD) to Moroccan Dirham (MAD)

What is Algerian Dinar (DZD)

The Algerian Dinar (DZD) is the official currency of Algeria. It was introduced in 1964, replacing the Algerian franc. The Dinar is subdivided into 100 centimes, although the centime coins are rarely used today due to inflation. The symbol for the Dinar is د.ج, and it is widely accepted in Algeria for all transactions.

The DZD is a floating currency, meaning its value can fluctuate based on market conditions. This can make conversions to other currencies somewhat variable. The Algerian economy is rich in natural resources, particularly oil and gas, which significantly impact the value of the Dinar on the global market. Due to these economic influences, it’s important to keep an eye on current exchange rates, especially if you are planning to travel or conduct business between Algeria and Morocco.

What is Moroccan Dirham (MAD)

The Moroccan Dirham (MAD) is the currency of Morocco and has been in use since 1882. Like the Algerian Dinar, the Dirham is also subdivided into smaller units, with 1 Dirham equal to 100 centimes. The symbol for the Dirham is د.م. and it is commonly used for a variety of transactions within Morocco.

The MAD operates on a managed float exchange rate system, influenced by the Bank Al-Maghrib, which is Morocco’s central bank. This means the value of the Dirham can be stabilized by the bank's interventions, although it primarily fluctuates based on supply and demand within the market. The Moroccan economy is largely driven by agriculture, mining, and tourism, each of which plays a role in the fluctuations of the Dirham's value.

Converting DZD to MAD

When converting Algerian Dinar (DZD) to Moroccan Dirham (MAD), one must consider the current exchange rate. This rate can vary daily, depending on market dynamics. To calculate the conversion, you would use the formula:

Amount in MAD = Amount in DZD × Exchange Rate

For example, if the exchange rate is 1 DZD = 0.086 MAD, and you are converting 1000 DZD, the calculation would look like this:

Amount in MAD = 1000 × 0.086 = 86 MAD

It’s advisable to check reputable financial websites or currency conversion apps for the most accurate and up-to-date exchange rates before making any conversions. Additionally, keep in mind that exchange services may charge fees or offer slightly different rates, impacting the amount you receive.

In summary, understanding the fundamentals of both the Algerian Dinar and Moroccan Dirham is essential for anyone looking to convert between these currencies. Always stay informed on current rates to ensure a fair and accurate conversion.

Algerian Dinar to Moroccan Dirham conversion table

DZD to MAD conversion table

Algerian Dinar (DZD)Moroccan Dirham (MAD)
1 DZD0.07008109878 MAD
2 DZD0.14016219757 MAD
3 DZD0.21024329635 MAD
4 DZD0.28032439513 MAD
5 DZD0.35040549391 MAD
6 DZD0.4204865927 MAD
7 DZD0.49056769148 MAD
8 DZD0.56064879026 MAD
9 DZD0.63072988904 MAD
10 DZD0.70081098783 MAD
100 DZD7.00810987826 MAD
200 DZD14.01621975653 MAD
300 DZD21.02432963479 MAD
400 DZD28.03243951305 MAD
500 DZD35.04054939132 MAD
600 DZD42.04865926958 MAD
700 DZD49.05676914784 MAD
800 DZD56.06487902611 MAD
900 DZD63.07298890437 MAD
1 000 DZD70.08109878263 MAD
2 000 DZD140.16219756526 MAD
5 000 DZD350.40549391316 MAD
10 000 DZD700.81098782632 MAD
20 000 DZD1 401.62197565263 MAD
50 000 DZD3 504.05493913159 MAD
100 000 DZD7 008.10987826317 MAD
Last updated April 25, 2025 at 11:55 PM