1 MAD to MZN - Convert Moroccan Dirham to Mozambican Metical

Looking at the 30-day window, the MAD/MZN pair traded in a range of 6.6652 to 7.0726. The monthly average was 6.8630 with 1.68% volatility. The relatively low volatility indicates stable trading conditions for the MAD/MZN currency pair.

The current mid-market exchange rate is 1 MAD = 6.7595 MZN, updated as of July 3, 2026, 7:46 AM 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 Mozambican Metical Exchange Rate

The MAD/MZN exchange rate tells you how many Mozambican Metical (MZN) you receive for every Moroccan Dirham (MAD). At the current mid-market rate of 1 MAD = 6.7595 MZN, 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.

Understanding the MAD/MZN Conversion

Converting Moroccan Dirham to Mozambican Metical involves the mid-market rate, which represents the midpoint between what buyers are willing to pay and what sellers are asking. Banks and money transfer services typically add a markup of 1-4% above this rate. By checking the live mid-market rate on this page before making any conversion, you can evaluate how competitive any quoted rate truly is and avoid paying more than necessary for your currency exchange.

What Affects the MAD to MZN Rate

Exchange rates between Moroccan Dirham and Mozambican Metical are influenced by central bank interest rate decisions, inflation differentials, trade balances, and broader economic data releases from both countries. Political stability, commodity prices, and global risk sentiment can also cause significant moves. Monitoring these factors helps explain why the MAD/MZN rate fluctuates throughout trading sessions and over longer time periods.

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 MZN and other currencies.

Reverse Rate: MZN to MAD

The reverse exchange rate is 1 MZN = 0.147939 MAD. This is useful if you are starting with Mozambican Metical 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 MZN to MAD converter for the reverse direction.