1 MAD to AZN - Convert Moroccan Dirham to Azerbaijani Manat

Looking at the 30-day window, the MAD/AZN pair traded in a range of 0.176800 to 0.189100. The monthly average was 0.182716 with 1.92% volatility. The relatively low volatility indicates stable trading conditions for the MAD/AZN currency pair.

The current mid-market exchange rate is 1 MAD = 0.181000 AZN, updated as of July 3, 2026, 11:29 PM UTC. Mid-market rates represent the fairest available rate and are the midpoint between buy and sell prices on global currency markets. Actual transaction rates from banks or money transfer services may include a markup above this rate.

Moroccan Dirham to Azerbaijani Manat Exchange Rate

The MAD/AZN exchange rate tells you how many Azerbaijani Manat (AZN) you receive for every Moroccan Dirham (MAD). At the current mid-market rate of 1 MAD = 0.181000 AZN, this pair reflects live supply and demand conditions on the global foreign exchange market. The rate updates every 15 minutes on this page, giving you the most current data available.

How to Get the Best MAD to AZN Rate

To minimize conversion costs, compare the rate offered by your bank or transfer service against the mid-market rate shown on this page. Online money transfer services and fintech apps often provide rates 2-3% better than traditional banks. For larger amounts, the savings from finding a competitive rate can be substantial. Always check the total cost including both the exchange rate markup and any fixed fees charged by the provider.

Sending Money from MAD to AZN

International money transfers from Moroccan Dirham to Azerbaijani Manat can be made through banks, online transfer services, or specialist forex brokers. Transfer times range from instant to several business days depending on the corridor and provider. Online services like Wise, Revolut, and OFX typically offer better rates and lower fees than traditional bank wire transfers, though availability varies by country and currency pair.

Azerbaijani Manat Overview

The Azerbaijani Manat (AZN) is the official currency of Azerbaijan, pegged to the US Dollar at approximately 1.70. Oil and gas exports from Caspian Sea fields support the peg. The AZN exchange rate against MAD reflects relative economic conditions between the two currency areas.

Mid-Market Rate Explained

The mid-market rate of 1 MAD = 0.181000 AZN shown on this page is the fairest available exchange rate. It sits exactly between the buy and sell prices quoted by major financial institutions. No single provider can offer exactly the mid-market rate since their business model requires a small spread, but the best providers come within 0.5-1% of this benchmark. Use our rate as your comparison baseline.