The USDMAD increased 0.0605 or 0.60% to 10.0745 on Friday November 22 from 10.0140 in the previous trading session. Historically, the USDMAD reached an all time high of 11.78 in February of 2002.
The Moroccan Dirham is expected to trade at 9.86 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 10.06 in 12 months time.