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 DZD0.07278270212 MAD
2 DZD0.14556540423 MAD
3 DZD0.21834810635 MAD
4 DZD0.29113080846 MAD
5 DZD0.36391351058 MAD
6 DZD0.43669621269 MAD
7 DZD0.50947891481 MAD
8 DZD0.58226161692 MAD
9 DZD0.65504431904 MAD
10 DZD0.72782702116 MAD
100 DZD7.27827021156 MAD
200 DZD14.55654042312 MAD
300 DZD21.83481063467 MAD
400 DZD29.11308084623 MAD
500 DZD36.39135105779 MAD
600 DZD43.66962126935 MAD
700 DZD50.9478914809 MAD
800 DZD58.22616169246 MAD
900 DZD65.50443190402 MAD
1 000 DZD72.78270211558 MAD
2 000 DZD145.56540423115 MAD
5 000 DZD363.91351057788 MAD
10 000 DZD727.82702115575 MAD
20 000 DZD1 455.65404231151 MAD
50 000 DZD3 639.13510577877 MAD
100 000 DZD7 278.27021155753 MAD
Last updated March 14, 2025 at 11:55 PM