1 MAD to PEN - Convert Moroccan Dirham to Peruvian Sol

Looking at the 30-day window, the MAD/PEN pair traded in a range of 0.360200 to 0.379400. The monthly average was 0.369723 with 1.68% volatility. The relatively low volatility indicates stable trading conditions for the MAD/PEN currency pair.

The current mid-market exchange rate is 1 MAD = 0.363872 PEN, updated as of July 3, 2026, 8:49 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 Peruvian Sol Exchange Rate

The MAD/PEN exchange rate tells you how many Peruvian Sol (PEN) you receive for every Moroccan Dirham (MAD). At the current mid-market rate of 1 MAD = 0.363872 PEN, 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 PEN 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.

Using the MAD/PEN Calculator

The free calculator at the top of this page converts any amount between Moroccan Dirham and Peruvian Sol instantly using live market data. Simply enter an amount in either currency to see the converted value in the other. The tool also shows a conversion table for common amounts, a historical rate chart, and the inverse PEN/MAD rate. Bookmark this page to check the rate whenever you need a quick reference for planning transfers or purchases.

Peruvian Sol Overview

The Peruvian Sol (PEN) is the official currency of Peru. Copper, gold, and zinc mining drive export revenue, while the central bank has maintained relatively low inflation. The PEN exchange rate against MAD reflects relative economic conditions between the two currency areas.

Mid-Market Rate Explained

The mid-market rate of 1 MAD = 0.363872 PEN 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: PEN to MAD

The reverse exchange rate is 1 PEN = 2.7482 MAD. This is useful if you are starting with Peruvian Sol 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 PEN to MAD converter for the reverse direction.