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South African rand to Moroccan dirham Exchange Rate History - XTransfer

South African rand to Moroccan dirham Historical Exchange Rates

Welcome to the ZAR to MAD exchange rate history page. This page contains detailed daily historical exchange rates between ZAR and MAD from 2025-3-8 to 2026-02-25, making it easy to look up and reference.

Amount
Result

1 ZAR = 0.574139 MAD

07:31 Exchange Rate

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1 South African rand to Moroccan dirham Historical Exchange Rate Trends

1 ZAR = -- MAD

07:31 Exchange Rate

ZAR - MAD+0%
7D
1M
3M
Invalid DateInvalid Date

1 South African rand to Moroccan dirham Data Statistics

This section organizes the historical exchange rate data of 1 ZAR to MAD, 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
0.574139
0.575106
0.575106
0.575106
Low
0.574139
0.567236
0.562299
0.539727
Average
0.574139
0.571935
0.570615
0.557881

Past 7 days historical exchange rates

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

ZAR to MAD - Last 7 Days

ZARZARMADMAD
2026-02-25
0.574139
ZARZARMADMAD
2026-02-24
0.573701
ZARZARMADMAD
2026-02-23
0.572349
ZARZARMADMAD
2026-02-22
0.571934
ZARZARMADMAD
2026-02-21
0.571934
ZARZARMADMAD
2026-02-20
0.567236
ZARZARMADMAD
2026-02-19
0.568513

MAD to ZAR - Last 7 Days

MADMADZARZAR
2026-02-25
1.741738
MADMADZARZAR
2026-02-24
1.743068
MADMADZARZAR
2026-02-23
1.747186
MADMADZARZAR
2026-02-22
1.748453
MADMADZARZAR
2026-02-21
1.748453
MADMADZARZAR
2026-02-20
1.762935
MADMADZARZAR
2026-02-19
1.758975

ZARZAR - South African Rand

The rand was issued in 1961 with the establishment of the Republic of South Africa, replacing the South African pound. ZAR is the mainstay currency of the South African economy and is widely used in mining, manufacturing and financial services. As one of the most important currencies in Africa, the rand has a high liquidity in the international market.

  • Supporting unit:1 cent (1 rand = 100 cents)
  • Denomination of banknotes:10, 20, 50, 100, 200 Rand
  • Reserve currency:No, but it has a significant influence in the African region.
  • Banknote material:Paper-based, featuring various anti-counterfeiting designs.
  • Metal composition:Copper-nickel alloy, nickel-plated steel core alloy
  • Currency symbol:R
  • Paper currency size:Approximately 140mm × 70mm
  • language:en
  • Main unit:Rand
  • ISO code:ZAR
  • Currency name:South African Rand
  • Exchange Rate System:Floating exchange rate system
  • Central Bank:South African Reserve Bank
  • Safe-haven currency:No, mainly emerging market currencies.
  • Coin denomination:5, 10, 20, 50 cents; 1, 2, 5 rand.
  • Countries of Use:South Africa, Namibia, Lesotho, Eswatini, and Zimbabwe (partially used)
  • Cross-border payment:The rand is widely circulated in southern Africa, international payments are mostly conducted through the SWIFT network, and cross-border trade often settles in US dollars or euros.

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.

FAQ

What is the relationship between South African rand to Moroccan dirham exchange rate and remittance?

The actual amount received during remittance is directly affected by the ZAR to MAD exchange rate. Differences in rates offered by banks or platforms may lead to significant differences in the final amount. It’s recommended to compare real-time rates and fees from several providers before making a decision.

What exchange rate indicators should be prioritized when making cross-border payments or settlements?

When conducting cross-border transactions, pay attention to real-time rates, the bid-ask spread, settlement fees, etc. Especially for large payments, even small differences in the ZAR to MAD exchange rate can result in substantial changes in actual amounts.

Why are the South African rand to Moroccan dirham exchange rates so different across platforms?

Different banks or payment platforms use various pricing mechanisms. Some use mid-market rates; others add wider spreads, fees, and settlement times.tCauses you to see ZAR to MAD on Platform A as 7.10, while Platform B shows 7.02. Such differences can be significant for large transactions.

Is it necessary to check the historical trend of South African rand to Moroccan dirham exchange rates before remittance?

be necessary. By examining the recent fluctuations in the exchange rate between ZAR and MAD, you can determine whether the current exchange rate is high or low, helping you decide whether to immediately remit, lock up the exchange, or delay the transaction to obtain a better price.

How to judge the trend of South African rand to Moroccan dirham based on historical exchange rates?

Look at the charts of ZAR to MAD over the past few months. If the trend is upward, it means ZAR is appreciating and exchanging to MAD is more cost-effective; if downward, you may want to act quickly to exchange at a better rate.
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.