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 DZD0.06968833674 MAD
2 DZD0.13937667349 MAD
3 DZD0.20906501023 MAD
4 DZD0.27875334697 MAD
5 DZD0.34844168371 MAD
6 DZD0.41813002046 MAD
7 DZD0.4878183572 MAD
8 DZD0.55750669394 MAD
9 DZD0.62719503068 MAD
10 DZD0.69688336743 MAD
100 DZD6.96883367425 MAD
200 DZD13.93766734851 MAD
300 DZD20.90650102276 MAD
400 DZD27.87533469701 MAD
500 DZD34.84416837127 MAD
600 DZD41.81300204552 MAD
700 DZD48.78183571977 MAD
800 DZD55.75066939403 MAD
900 DZD62.71950306828 MAD
1 000 DZD69.68833674253 MAD
2 000 DZD139.37667348506 MAD
5 000 DZD348.44168371266 MAD
10 000 DZD696.88336742531 MAD
20 000 DZD1 393.76673485063 MAD
50 000 DZD3 484.41683712657 MAD
100 000 DZD6 968.83367425313 MAD
Last updated May 20, 2025 at 03:55 PM