Moroccan dirham to Azerbaijani Manat Historical Exchange Rates
Welcome to the MAD to AZN exchange rate history page. This page contains detailed daily historical exchange rates between MAD and AZN from 2025-3-8 to 2026-04-15, making it easy to look up and reference.
1 MAD = 0.183907 AZN
02:30 Exchange Rate
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1 Moroccan dirham to Azerbaijani Manat Historical Exchange Rate Trends
1 MAD = -- AZN
02:30 Exchange Rate
1 Moroccan dirham to Azerbaijani Manat Data Statistics
This section organizes the historical exchange rate data of 1 MAD to AZN, including daily data over the past 1 day, 15 days, 30 days, and 90 days. It also marks the highest, lowest, and average rates during each period, helping you easily understand how the exchange rate has changed over time, which is useful for currency exchange, transfers, or investment decisions.
Past 7 days historical exchange rates
Below are the daily average exchange rates of MAD to AZN for the past 7 days, helping you track the trend during this period. We also provide exchange rate changes of AZN to MAD, helping you understand fluctuations from different perspectives and better plan your currency exchange, transfers, or fund management.
MAD to AZN - Last 7 Days
MAD
AZNMADAZNMADAZNMADAZNMADAZNMADAZNMADAZNAZN to MAD - Last 7 Days
AZNMADAZNMADAZNMADAZNMADAZNMADAZNMADAZNMADMAD - Moroccan Dirham
The Moroccan Dirham was issued in 1959 and became the country's official currency after independence. The MAD reflects Morocco's economic diversification and foreign trade development and is one of the most important currencies in North Africa.
- Supporting unit:1 dirham = 100 centimes
- Denomination of banknotes:20, 50, 100, 200 dirhams
- Reserve currency:No, it mainly relies on the US dollar and the euro.
- Banknote material:Paper, with watermark and security thread.
- Metal composition:Copper-nickel alloy, stainless steel
- Currency symbol:د.م.
- Paper currency size:For example, 100 dirhams is approximately 140mm × 70mm.
- language:en
- Main unit:Dirham
- ISO code:MAD
- Currency name:Moroccan Dirham
- Exchange Rate System:Managed floating exchange rate system
- Central Bank:Bank Al-Maghrib
- Safe-haven currency:No, the exchange rate is significantly influenced by regional economies.
- Coin denomination:1, 5, 10, 20, 50 santims, 1 dirham
- Countries of Use:Morocco is the only country that uses it officially.
- Cross-border payment:Supports international payments through the SWIFT system, with limited use of the Moroccan dirham in trade within Africa and the Middle East.
AZN - Azerbaijani Manat
Azerbaijan introduced a new version of the manat in 2006, replacing the old currency at a rate of 1:5000. The new manat is not only a symbol of national sovereignty, but also a sign that the country's economic transformation has entered a stable stage. Driven by the oil and gas resources in the Caspian Sea, the value of the manat once strengthened and became an important anchor for foreign investment inflows and fiscal policy.
- Supporting unit:1 Manat = 100 qəpik
- Denomination of banknotes:1, 5, 10, 20, 50, 100, 200 AZN
- Reserve currency:No, it is not a major international reserve currency.
- Banknote material:The polymer is blended with cotton paper and features multiple anti-counterfeiting designs.
- Metal composition:Nickel-plated steel core and copper alloy
- Currency symbol:₼
- Paper currency size:Sizes vary, approximately from 120mm × 65mm to 150mm × 70mm.
- language:en
- Main unit:Manatech
- ISO code:AZN
- Currency name:Azerbaijani Manat
- Exchange Rate System:A managed floating exchange rate system, where the central bank exerts moderate intervention in the exchange rate.
- Central Bank:Central Bank of Azerbaijan
- Safe-haven currency:No, it is significantly affected by fluctuations in oil and gas prices.
- Coin denomination:1, 3, 5, 10, 20, 50 qəpik
- Countries of Use:Official currency of Azerbaijan.
- Cross-border payment:The use of manat in regional trade is gradually increasing, especially among the countries surrounding the Caspian Sea, but international payments mainly rely on the US dollar and the euro as intermediary currencies. Azerbaijan has strengthened the establishment of local currency settlement channels with neighboring countries' banks.
