These values represent the daily average of rates that Convertworld receives from various sources. Last updated: May 29, 2023 at 12:05 AM CET. Convertworld assumes no responsibility for any consequences whatsoever related to the use of information contained on this site.
This MAD/EUR chart lets you see the relationship between the two currencies several years back in history.
The euro (currency sign: €; banking code: EUR) is the official currency of the European Union member states of Austria, Belgium, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, the Netherlands, Portugal and Spain, also known as the Eurozone. It is the single currency for over 300 million Europeans. The euro was introduced to world financial markets as an accounting currency in 1999 and launched as physical coins and banknotes in 2002. All EU member states are eligible to join if they comply with certain monetary requirements and eventual use of the euro is mandatory for all new EU members. The euro is managed and administered by the Frankfurt-based European Central Bank (ECB) and the European System of Central Banks (ESCB) (composed of the central banks of its member states). As an independent central bank, the ECB has sole authority to set monetary policy. The ESCB participates in the printing, minting and distribution of notes and coins in all member states, and the operation of the Eurozone payment systems.
|Currency code for Moroccan dirham:||MAD|
|Currency code for Euro:||EUR (€)|
|Related categories:||Time zones, Translate, Temperature|
Latest daily average exchange rates. Last updated: May 29, 2023 at 12:05 AM CET