MAD to GHS exchange rates
Convert Moroccan Dirhams to Ghanaian Cedis here.
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Frequently Asked Questions
What is the Moroccan Dirham to Ghanaian Cedi exchange rate today?
Exchange rates change all the time. At TransferGo we always try to offer the best rates, and we let you know when the rates are especially good.
Is today a good day to buy Ghanaian Cedis with Moroccan Dirhams?
There are always fluctuations in exchange rates. Whether today is a good day to buy Ghanaian Cedis with Moroccan Dirhams depends on many factors including economic indicators and market dynamics. When you use TransferGo, you can rest assured that we’ll always try to offer the best MAD to GHS exchange rate.
What is the highest Moroccan Dirhams to Ghanaian Cedis rate ever?
Exchange rates fluctuate as a result of various economic factors. For the most accurate information, it’s best to check a financial news source. Central banks also publish historical data on exchange rates.’
Will the Ghanaian Cedi get stronger in 2024?
It is difficult to predict the future strength of the Ghanaian Cedi as it depends on various economic, political and market factors. Economic growth, monetary policy, inflation rates, political stability, global economic conditions, current account balance, interest rates and market sentiment all play a role in the strength of a currency.
Will the Moroccan Dirham get stronger in 2024?
The Moroccan Dirham (MAD) is anticipated to maintain its value steadily, underpinned by Morocco’s diverse economy, which includes agriculture, tourism, and exports. The Dirham’s stability is also supported by its peg to a basket of currencies (the euro and US dollar), shielding it from extreme global market fluctuations. Policies from Bank Al-Maghrib and global economic trends will further influence the MAD’s performance.
MAD to GHS currency information
About the Moroccan Dirham
The Moroccan Dirham (MAD) is the official currency of Morocco. It is issued by Bank Al-Maghrib and subdivided into 100 centimes. The dirham was introduced in 1960, replacing the Moroccan franc. Banknotes are available in denominations of 20, 50, 100, and 200 dirhams, while coins come in 1, 2, 5, and 10 dirhams, as well as 10, 20, and 50 centimes. The symbol for the Moroccan Dirham is د.م.
About the Ghanaian Cedi
The Ghanaian Cedi is the currency of Ghana, introduced in 2007, replacing the previous cedi at a rate of 1 GHS = 10,000 old cedi. It is subdivided into 100 pesewas and regulated by the Bank of Ghana. The symbol for the Cedi is ₵.
MAD to GHS Travel Money Tips
Which countries can I use Moroccan Dirhams in?
The Moroccan Dirham (MAD) is the official currency of Morocco and is used throughout the country. It can be used for all transactions in Morocco, from coastal cities like Casablanca and Tangier to inland areas such as Marrakech and the Atlas Mountains. Additionally, the Moroccan Dirham is the de facto currency in Western Sahara, a disputed territory administered by Morocco.
Which countries can I use Ghanaian Cedis in?
The Ghanaian Cedi is the official currency of Ghana and is used exclusively within the country’s borders. Introduced in its current form in 2007, the Cedi is a critical part of Ghana’s economy. The currency is not widely accepted outside Ghana, requiring currency exchange for international transactions and travel. The Bank of Ghana regulates and issues the Cedi, maintaining its stability and value in the domestic market.
How can I convert Moroccan Dirhams to Ghanaian Cedis with TransferGo?
1. Choose the amount and currency
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