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Moroccan dirham to Ghanaian cedi Exchange Rate History - XTransfer

Moroccan dirham to Ghanaian cedi Historical Exchange Rates

Welcome to the MAD to GHS exchange rate history page. This page contains detailed daily historical exchange rates between MAD and GHS from 2025-3-8 to 2026-04-15, making it easy to look up and reference.

Amount
Result

1 MAD = 1.1964 GHS

13:31 Exchange Rate

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1 Moroccan dirham to Ghanaian cedi Historical Exchange Rate Trends

1 MAD = -- GHS

13:31 Exchange Rate

MAD - GHS+0%
7D
1M
3M
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1 Moroccan dirham to Ghanaian cedi Data Statistics

This section organizes the historical exchange rate data of 1 MAD to GHS, 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.

Time
Past 1 day
Past 15 day
Past 30 day
Past 90 day
High
1.1964
1.1964
1.1964
1.2081
Low
1.1964
1.16979
1.15825
1.14943
Average
1.1964
1.18019
1.17424
1.17992

Past 7 days historical exchange rates

Below are the daily average exchange rates of MAD to GHS for the past 7 days, helping you track the trend during this period. We also provide exchange rate changes of GHS to MAD, helping you understand fluctuations from different perspectives and better plan your currency exchange, transfers, or fund management.

MAD to GHS - Last 7 Days

MADMADGHSGHS
2026-04-15
1.1964
MADMADGHSGHS
2026-04-14
1.19209
MADMADGHSGHS
2026-04-13
1.18849
MADMADGHSGHS
2026-04-12
1.18849
MADMADGHSGHS
2026-04-11
1.18849
MADMADGHSGHS
2026-04-10
1.18417
MADMADGHSGHS
2026-04-09
1.18263

GHS to MAD - Last 7 Days

GHSGHSMADMAD
2026-04-15
0.8358
GHSGHSMADMAD
2026-04-14
0.83886
GHSGHSMADMAD
2026-04-13
0.8414
GHSGHSMADMAD
2026-04-12
0.8414
GHSGHSMADMAD
2026-04-11
0.8414
GHSGHSMADMAD
2026-04-10
0.84447
GHSGHSMADMAD
2026-04-09
0.84557

MADMAD - 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.

GHSGHS - Ghanaian Cedi

The Ghanaian cedi replaced the old cedi in 2007, marking a process of currency modernization. The stability of the cedi has supported Ghana's economic growth, especially in the agricultural and mining sectors, and the cedi plays a key role in the domestic economy.

  • Supporting unit:1 Sedi = 100 Pesewa
  • Denomination of banknotes:₵1, ₵2, ₵5, ₵10, ₵20, ₵50, ₵100, ₵200
  • Reserve currency:No, it is primarily used for domestic circulation.
  • Banknote material:Mixed cotton paper and polymer materials, featuring anti-counterfeiting holographic threads and watermarks.
  • Metal composition:Copper-clad steel, stainless steel, nickel alloy, etc.
  • Currency symbol:
  • Paper currency size:₵50 measures 146mm × 70mm, with slight variations in different denominations.
  • language:en
  • Main unit:Cedi
  • ISO code:GHS
  • Currency name:Ghana Sedi
  • Exchange Rate System:Freely floating exchange rate system
  • Central Bank:Bank of Ghana
  • Safe-haven currency:No, the currency value fluctuates significantly and does not have hedging properties.
  • Coin denomination:1, 5, 10, 20, 50 Pesos; ₵1, ₵2
  • Countries of Use:Ghana is the only country that uses a legal tender currency.
  • Cross-border payment:International transfers are conducted through the SWIFT network in conjunction with the domestic banking system; however, due to regional banking relationships, cross-border payments often require the involvement of intermediary banks.

FAQ

Based on the historical patterns of Moroccan dirham to Ghanaian cedi, is now a good time to exchange?

To judge the timing for exchanging Moroccan dirham to Ghanaian cedi, one must compare current rates with the average over the past year or even five years. If the current Moroccan dirham rate is well above the historical average, it usually means MAD is in a strong period, making it a good window for settlement into GHS. Conversely, if Moroccan dirham is at a historical low, it is recommended for exporters to hold MAD in batches and avoid the troughs to minimize losses when converting to GHS.

What are the main reasons affecting the historical volatility of MAD to GHS recently?

The core factor affecting the historical volatility of Moroccan dirham to Ghanaian cedi recently is the divergence in monetary policies between the two countries. When interest rate hikes are implemented, the attractiveness of MAD tends to increase, leading to a significant rise in its historical exchange rate against GHS. Additionally, fluctuations in global trade data and inflation levels trigger safe-haven demand for MAD, thereby intensifying the frequency of two-way volatility between Moroccan dirham and Ghanaian cedi.

Has MAD experienced a sharp plunge against GHS before? How can I protect myself?

Historically, Moroccan dirham against Ghanaian cedi has indeed experienced violent fluctuations or even plunges due to policy shocks or economic crises. The best way to hedge against Moroccan dirham exchange rate risk is to analyze its historical volatility cycles and avoid betting on a one-sided market at a single high point. It is recommended to use batch settlement or forward locking tools to keep the volatility risk of MAD to GHS within an acceptable trade cost range.

Is the current exchange rate of Moroccan dirham to Ghanaian cedi considered a historical high or low?

To evaluate the current level of MAD to GHS, one must examine the currency pair's long-term trend chart. By comparing the peaks and troughs of the past five years, you can clearly see if Moroccan dirham is approaching a historical resistance level. If the current MAD price has broken through highs from years ago, it indicates that MAD is at an extreme high; exchanging Moroccan dirham to Ghanaian cedi now can often lock in more substantial trade profits than in previous years.

How accurate are the AI-predicted exchange rates for Moroccan dirham to Ghanaian cedi?

AI predictions for MAD to GHS are trend references derived from historical big data and market sentiment models. While AI can capture the operational patterns of MAD through algorithms, it is difficult to 100% predict sudden international political events or unexpected policy adjustments. Therefore, the predicted values for Moroccan dirham to Ghanaian cedi should serve as supplementary advice for settlement timing, rather than an absolute execution guarantee.

How to stabilize exchange rates through convenient payment methods?

To stabilize profit fluctuations caused by exchange rates, the key is to shorten the decision-making link for settlement. By opening a global collection account online through XTransfer, foreign trade enterprises can move away from traditional banks' cumbersome offline declaration processes and lock in ideal rates for real-time settlement on their phones anytime, anywhere. This digital and convenient payment method from XTransfer frees you from bank hours and complex document reviews, allowing you to more autonomously capture market highs and ensure every payment is secured, effectively hedging against exchange loss risks.
Disclaimer: The exchange rate data on this page is collected from public sources for reference only. Due to frequent fluctuations, XTransfer cannot guarantee accuracy or timeliness. Please refer to the real-time quotes from banks, related institutions, or trading systems.