Mexican Peso to Moroccan Dirham — MXN to MAD
MXN to MAD Converter
MXN/MAD Rate — Last 30 Days
MXN dipped 0.15% this week — minor weakness, within normal market noise.
The 7-day average rate is above the 30-day average — recent momentum favors MXN strengthening vs MAD. Uptrends can persist, but watch for a mean-reversion pullback.
The rate is within the top 20% of its 30-day range — bullish short-term positioning. A break above the high could accelerate momentum.
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Rate Statistics
| Period | High | Low | Average |
|---|---|---|---|
| 7 days | 0.5384 | 0.5338 | 0.5364 |
| 30 days | 0.5384 | 0.5277 | 0.5323 |
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Historical MXN/MAD Rates by Year
What drives the MXN/MAD rate?
Whether you're converting MXN for travel, business, or investment, here's what drives the MXN to MAD exchange rate. The MXN/MAD exchange rate is determined by supply and demand in global currency markets, influenced by interest rate decisions from both central banks, economic data releases, inflation figures, and broader risk sentiment in financial markets. Trade flows between the two countries or regions also play an important role in long-term rate direction.
How to get the best MXN to MAD rate
The rate shown above is the interbank mid-market rate — the real exchange rate used between financial institutions. Individual customers cannot access this rate directly. Banks typically add a 2–3% spread on top, meaning you receive significantly less than the rate shown.
Online transfer services like Wise offer rates very close to the interbank rate with a small transparent fee of 0.5–1%. On a $1,000 MXN exchange this typically saves $15–25 compared to a bank. Airport exchange booths charge the highest fees — often 5–8% above the interbank rate — and should be avoided for large amounts.