1 MAD to TOP - Convert Moroccan Dirham to Tongan Pa'anga

Looking at the 30-day window, the MAD/TOP pair traded in a range of 0.250300 to 0.265600. The monthly average was 0.258049 with 1.68% volatility. The relatively low volatility indicates stable trading conditions for the MAD/TOP currency pair.

The current mid-market exchange rate is 1 MAD = 0.255913 TOP, updated as of July 3, 2026, 11:05 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 Tongan Pa'anga Exchange Rate

The MAD/TOP exchange rate tells you how many Tongan Pa'anga (TOP) you receive for every Moroccan Dirham (MAD). At the current mid-market rate of 1 MAD = 0.255913 TOP, 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/TOP Conversion

Converting Moroccan Dirham to Tongan Pa'anga 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 TOP Rate

Exchange rates between Moroccan Dirham and Tongan Pa'anga 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/TOP rate fluctuates throughout trading sessions and over longer time periods.

Tongan Pa'anga Overview

The Tongan Pa'anga (TOP) is the official currency of Tonga. Remittances from overseas Tongans represent a significant share of the economy. The TOP exchange rate against MAD reflects relative economic conditions between the two currency areas.

Mid-Market Rate Explained

The mid-market rate of 1 MAD = 0.255913 TOP 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.