
Moroccan Dirham Gains Against Dollar and Euro as Reserves Rise
The Moroccan dirham appreciated by 0.4% against the US dollar and 0.56% against the euro during the week of November 28 to December 4, 2024, according to Bank Al-Maghrib (BAM).

The Moroccan dirham appreciated by 0.4% against the US dollar and 0.56% against the euro during the week of November 28 to December 4, 2024, according to Bank Al-Maghrib (BAM).

The Moroccan dirham depreciated by 0.37% against the US dollar and remained almost stable against the euro during the week of November 21 to 27, 2024, according to Bank Al-Maghrib (BAM).

The Moroccan dirham remained almost stable against the euro and depreciated by 0.61% against the US dollar, during the period from November 14 to 20, according to Bank Al-Maghrib (BAM).

The Moroccan dirham appreciated by 1.47% against the euro and depreciated by 1.06% against the US dollar during the period from November 7 to 13, according to Bank Al-Maghrib (BAM) .

The Moroccan dirham depreciated by 0.12% against the euro and appreciated by 0.34% against the US dollar during the period from October 31 to November 5, according to Bank Al-Maghrib (BAM) .

The Moroccan dirham depreciated by 0.13% against the euro and appreciated by 0.47% against the US dollar during the period from October 24 to 30, 2024, according to Bank Al-Maghrib (BAM).

Morocco is seeking to reduce the dirham’s dependence on fluctuations in the euro and the dollar. In this sense, Bank Al-Maghrib (BAM) is preparing to implement an ambitious reform long awaited.

The Moroccan dirham appreciated by 0.3% against the euro and depreciated by 0.34% against the US dollar during the period from October 10 to 16, 2024, according to Bank Al-Maghrib (BAM).

The Moroccan dirham appreciated by 0.45% against the dollar and depreciated by 0.45% against the euro between August and September, according to Bank Al-Maghrib (BAM).

The Moroccan dirham appreciated by 0.26% against the euro and 0.85% against the US dollar during the week of September 19 to 25, according to Bank Al-Maghrib (BAM).

The Moroccan dirham appreciated by 0.95% against the euro and 0.15% against the US dollar in the second quarter of 2024, according to Bank Al-Maghrib (BAM).

The Moroccan dirham appreciated by 0.23% against the US dollar and depreciated by 0.58% against the euro during the period from September 12 to 18, 2024, according to Bank Al-Maghrib (BAM).