1 MAD to THB - Convert Moroccan Dirham to Thai Baht

Looking at the 30-day window, the MAD/THB pair traded in a range of 3.4096 to 3.6495. The monthly average was 3.5327 with 1.96% volatility. The relatively low volatility indicates stable trading conditions for the MAD/THB currency pair.

The current mid-market exchange rate is 1 MAD = 3.5436 THB, updated as of July 3, 2026, 6:53 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 Thai Baht Exchange Rate

The MAD/THB exchange rate tells you how many Thai Baht (THB) you receive for every Moroccan Dirham (MAD). At the current mid-market rate of 1 MAD = 3.5436 THB, 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.

What Affects the MAD to THB Rate

Exchange rates between Moroccan Dirham and Thai Baht 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/THB rate fluctuates throughout trading sessions and over longer time periods.

Historical MAD/THB Trends

The MAD/THB exchange rate has fluctuated over time in response to economic cycles, policy changes, and global events. Reviewing historical charts helps identify whether the current rate is relatively favorable or unfavorable compared to recent averages. The 30-day, 90-day, and 1-year chart views on this page provide visual context for understanding where today's rate sits within the broader trend.

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 THB and other currencies.

Mid-Market Rate Explained

The mid-market rate of 1 MAD = 3.5436 THB 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: THB to MAD

The reverse exchange rate is 1 THB = 0.282196 MAD. This is useful if you are starting with Thai Baht 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 THB to MAD converter for the reverse direction.