1 Euro is How Many Dirhams?
Are you planning a trip to Morocco and wondering how much your euros are worth in dirhams? Or are you an online shopper who needs to convert euros to dirhams for an international transaction? Whatever the reason, this article will provide you with the latest exchange rate and answer the question: 1 euro is how many dirhams?
The Official Currency of Morocco
The Moroccan dirham (MAD) is the official currency of Morocco, a country located in the Maghreb region of North Africa. It is divided into 100 santimat.
The Euro and the Dirham Exchange Rate
The exchange rate between the euro (EUR) and the Moroccan dirham (MAD) can fluctuate constantly due to economic and political factors. However, as of the current date, the exchange rate is approximately:
1 EUR = 11.12 MAD
This means that if you exchange 1 euro, you will get approximately 11.12 dirhams.
How to Convert Euros to Dirhams
You can convert euros to dirhams using the following methods:
- Banks: You can visit a bank that offers currency exchange services and exchange your euros for dirhams.
- Currency Exchange Offices: Specialized currency exchange offices, such as Travelex or Western Union, can also exchange your euros for dirhams.
- Online Currency Converters: Websites like XE.com or Oanda.com offer online currency conversion tools that can give you the current exchange rate and convert your euros to dirhams.
- ATMs: You can also withdraw dirhams from an ATM using your debit or credit card. Be aware that you may be charged a foreign transaction fee and the exchange rate may not be as favorable.
Tips for Travelers
If you're planning to travel to Morocco, here are some tips to keep in mind:
- Exchange your money: It's a good idea to exchange some of your euros for dirhams before arriving in Morocco, especially if you plan to travel to rural areas where ATMs may not be available.
- Use ATMs: If you need to withdraw cash, use an ATM instead of exchanging your money at a currency exchange office. You'll likely get a better exchange rate.
- Credit cards: Many businesses in Morocco, especially in tourist areas, accept credit cards. However, it's still a good idea to have some cash with you.
Conclusion
Now you know the answer to the question: 1 euro is approximately 11.12 dirhams. Remember to check the current exchange rate before exchanging your money, and consider using online currency converters or ATMs to get the best rate. Safe travels to Morocco!
