Morocco: USD exchange rate

The currency chart for Morocco shows historical data for the Moroccan Dirhams per USD exchange rate. These are monthly averages and not end-of-month currency values. An increase means depreciation against the USD as one can exchange more Moroccan Dirhams per USD. Depreciation implies that goods from Morocco become cheaper to export and it becomes cheaper for foreigners to visit Morocco.

The series for Morocco are available from April 2004 to May 2025. For that period, the average exchange rate for Morocco was 9.0501 Moroccan Dirhams per USD with a minimum of 7.2845 Moroccan Dirhams per USD in April 2008 and a maximum of 10.9623 Moroccan Dirhams per USD in October 2022. The most recent available data point is 9.2467 Moroccan Dirhams per USD, a change of -1.23% from the previous data point of 9.3623 Moroccan Dirhams per USD and a change of -7.12% from a year ago when the level was 9.9559 Moroccan Dirhams per USD.

Currency values in Morocco and elsewhere have different driving forces over the short-run and the long-run. Countries may have fixed or floating exchange rate regimes or be part of monetary unions. They may experience currency crises. These and other issues are discussed in detail on our Exchange rate page.