GBP to Moroccan Dirham: A Comprehensive Guide

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A close-up of gold-colored British pound and pence coins, showcasing intricate details.
Credit: pexels.com, A close-up of gold-colored British pound and pence coins, showcasing intricate details.

The GBP to Moroccan Dirham exchange rate is a crucial aspect to consider when planning a trip to Morocco. The Moroccan Dirham (MAD) is the official currency of Morocco, and understanding its value against the British Pound (GBP) can save you a lot of stress and money.

The exchange rate can vary depending on the current market conditions, but on average, 1 GBP is equivalent to around 11.5 MAD. This means that if you exchange £100, you'll get approximately 1,150 MAD.

To give you a better idea, let's consider a typical exchange scenario. If you're planning to spend £500 on a 7-day trip to Morocco, you can expect to receive around 5,750 MAD, which should cover your expenses for food, accommodation, and activities.

Conversion Rates

The latest GBP to MAD exchange rate is 12.565 Moroccan Dirhams per British Pound.

You can use OANDA's Currency Converter to check the latest foreign exchange average bid/ask rates and convert all major world currencies, including the GBP to MAD exchange rate.

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Credit: youtube.com, Mr.Vanz converting Pound sterling (UK)🇬🇧 to Philippine Peso🇵🇭 and Moroccan Dirham🇲🇦

To convert British Pounds to Moroccan Dirhams, you can use the conversion rates provided by OANDA. For example, 1 GBP is equivalent to 12.565 MAD.

Here's a table of conversion rates for 1-10,000 GBP:

You can also use the conversion rates to find out how much 100 British Pounds is equivalent to in Moroccan Dirhams. As of January 7, 2025 03:05 AM UTC, 100 British Pounds is equivalent to 1,256.48 Moroccan Dirhams.

Conversion History

Conversion history is a crucial aspect of understanding the GBP to MAD exchange rate. The rate has fluctuated over time, and it's essential to know the highs and lows to make informed decisions.

In the last 14 days, the exchange rate has remained relatively stable, with 1 GBP being worth approximately 0.0799 MAD. This consistency is a rare occurrence, and it's worth noting that the rate has been steady since January 4, 2025.

If you're looking for a specific date, the highest GBP to MAD exchange rate in the last year was 12.991 MAD per GBP on September 24, 2024. This is significantly higher than the current rate and is worth considering if you're planning a trip to Morocco or need to convert a large amount of money.

Credit: youtube.com, Morocco, officially the Kingdom of Morocco and its currency Moroccan dirham

Here's a brief overview of the exchange rate in the last 14 days:

The highest GBP to MAD exchange rate in the last 10 years was on January 5, 2016, when 1 GBP was worth 14.671 MAD.

100 Pounds Conversion

100 British Pounds is equivalent to 1,256.48 Moroccan Dirhams, as of January 7, 2025 03:05 AM UTC.

The exchange rate at this time is 12.565 Moroccan Dirhams per British Pound, making the British Pound stronger than the Moroccan Dirham.

You can easily convert 100 British Pounds to Moroccan Dirhams using the current exchange rate.

As of January 7, 2025 03:05 AM UTC, the best GBP to MAD exchange rate is 12.565 MAD.

Here is a breakdown of the conversion:

The British Pound has decreased -0.62% year-to-date against the Moroccan Dirham, making it a good time to convert your currency.

Conversion History

The Moroccan Dirham (MAD) has had a steady exchange rate with the British Pound (GBP) over the last year, with some fluctuations. The exchange rate has remained relatively stable, with a slight decrease in value.

A Variety of Indonesian Currency
Credit: pexels.com, A Variety of Indonesian Currency

In the last 14 days, the exchange rate has been consistently around 0.0799 GBP per MAD. This is evident in the data from January 6th to January 4th, 2025, where the rate remained the same each day.

If you're looking for a specific year's exchange rates, you can view them by clicking on the links provided for 2025, 2024, 2023, 2022, 2021, 2020, 2019, 2018, 2017, and 2016.

The highest GBP to MAD exchange rate in the last year was 12.991 MAD per GBP, which occurred on September 24, 2024.

Here's a breakdown of the highest GBP to MAD exchange rates in the last 10 years:

The data shows that the exchange rate has varied over the years, but it's essential to consider the fluctuations when making financial decisions.

Frequently Asked Questions

Is it better to exchange money in the UK or Morocco?

Exchange money in Morocco for a better rate, as the dirham is not widely available outside the country

Is the pound strong in Morocco?

The pound is currently experiencing a slight decrease in value against the Moroccan Dirham, indicating a relatively stable exchange rate. However, the difference is minimal, suggesting that the pound remains a strong currency in Morocco.

Colleen Boyer

Lead Assigning Editor

Colleen Boyer is a seasoned Assigning Editor with a keen eye for compelling storytelling. With a background in journalism and a passion for complex ideas, she has built a reputation for overseeing high-quality content across a range of subjects. Her expertise spans the realm of finance, with a particular focus on Investment Theory.

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