1 MAD to CVE - Convert Moroccan Dirham to Cape Verdean Escudo

Looking at the 30-day window, the MAD/CVE pair traded in a range of 10.0066 to 10.5704. The monthly average was 10.2756 with 1.49% volatility. This upward movement of 2.6% suggests significant momentum in the MAD/CVE exchange rate.

The current mid-market exchange rate is 1 MAD = 10.2930 CVE, updated as of July 3, 2026, 11:53 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 Cape Verdean Escudo Exchange Rate

The MAD/CVE exchange rate tells you how many Cape Verdean Escudo (CVE) you receive for every Moroccan Dirham (MAD). At the current mid-market rate of 1 MAD = 10.2930 CVE, 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.

MAD/CVE for Travelers and Businesses

Whether you are traveling, sending money internationally, or managing business payments, the MAD to CVE rate directly affects your costs. Travelers should compare airport exchange counters, city center bureaux, and card-based options before converting. Businesses managing recurring cross-border payments benefit from setting up rate alerts and locking in favorable rates when they appear. The conversion table on this page helps you quickly reference common amounts.

Moroccan Dirham Overview

The Moroccan Dirham (MAD) is the official currency of Morocco, pegged to a basket of 60% euro and 40% US dollar. Morocco's automotive manufacturing and tourism support the currency. Understanding the fundamentals behind MAD helps contextualize its exchange rate movements against CVE and other currencies.

Mid-Market Rate Explained

The mid-market rate of 1 MAD = 10.2930 CVE 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.

Reverse Rate: CVE to MAD

The reverse exchange rate is 1 CVE = 0.097153 MAD. This is useful if you are starting with Cape Verdean Escudo and want to know how much Moroccan Dirham you will receive. Both the forward and reverse rates update simultaneously every 15 minutes on this page. You can also visit our dedicated CVE to MAD converter for the reverse direction.