The USDMAD increased 0.0684 or 0.78% to 8.8770 on Wednesday June 16 from 8.8086 in the previous trading session.
Historically, the Moroccan Dirham reached an all time high of 11.78 in February of 2002. Moroccan Dirham - data, forecasts, historical chart - was last updated on June of 2021.
The Moroccan Dirham is expected to trade at 8.83 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 8.90 in 12 months time.