This article explores the historical exchange rates between the Moroccan Dirham (MAD) and the Nigerian Naira (NGN). Understanding the fluctuations in currency exchange rates can be valuable for businesses, travelers, and individuals involved in international transactions. The data presented here offers insights into the performance of MAD against NGN over a specific period.
Historical Data: MAD/NGN Exchange Rate
Here's a glimpse into the historical exchange rates between the Moroccan Dirham and the Nigerian Naira. This data provides a view of the fluctuations in the exchange rate over time.
Price history of NGN / MAD
History of daily rates MAD /NGN since Thursday, 7 November 2024.
- The maximum was reached on Tuesday, 22 April 2025 1 Moroccan dirham = 174.0732 Nigerian naira
- the minimum on Saturday, 8 February 2025 1 Moroccan dirham = 149.1147 Nigerian naira
MAD to NGN conversion table Thursday, 6 November 2025
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| Moroccan dirham (MAD) | Nigerian naira (NGN) |
|---|---|
| 1 MAD | 154.88 NGN |
| 2 MAD | 309.75 NGN |
| 3 MAD | 464.63 NGN |
| 4 MAD | 619.51 NGN |
| 5 MAD | 774.38 NGN |
| 10 MAD | 1 548.77 NGN |
| 15 MAD | 2 323.15 NGN |
| 20 MAD | 3 097.53 NGN |
| 25 MAD | 3 871.92 NGN |
| 100 MAD | 15 487.67 NGN |
| 500 MAD | 77 438.35 NGN |
As of 6 Nov 2025 at 5:57 PM GMT, MAD/NGN is quoted at 154.4624 - the MAD/NGN exchange rate. Yesterday’s close was 154.8979; the live MAD/NGN level is now 154.4624.
Key observations:
- Seven days ago the pair printed 156.1630, and thirty days ago it was 160.9495.
- Ninety days back we saw MAD/NGN near 169.3297.
- From the start of the year (YTD), the reference level is 153.3414.
- Twelve months ago: 169.2805.
Fluctuations and Key Dates
Analyzing historical data, we can identify the best and worst times to exchange currencies.
- The best day to change Moroccan dirhams in Nigerian nairas was the Tuesday, 22 April 2025. At that time the currency had reached its highest value: 100 Moroccan dirhams = 17 407.3155 Nigerian nairas
- The worst day to change Moroccan dirhams in Nigerian nairas was the Saturday, 8 February 2025. The exchange rate had fallen to its lowest value: 100 Moroccan dirhams = 14 911.4678 Nigerian nairas
MAD/NGN Exchange-Rate Statistics
MAD to NGN exchange-rate stats: high, low, average, and volatility over the last 7, 30, and 90 days.
| Statistic | Last 7 Days | Last 30 Days | Last 90 Days |
|---|---|---|---|
| High | 158.05 | 161.55 | 170.64 |
| Low | 153.27 | 153.27 | 153.27 |
| Average | 155.61 | 158.67 | 164.58 |
| Volatility | 0.96% | 0.54% | 0.39% |
It’s the midpoint between buy and sell quotes, excluding retail spreads and fees. A level of 154.4624 means 1 MAD buys 154.4624 NGN.
Currency Information
Learn more about the currencies involved:
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- Moroccan Dirham (MAD): Our currency rankings show that the most popular Moroccan Dirham exchange rate is the MAD to USD rate. The currency code for Moroccan Dirhams is MAD. The currency symbol is MAD.
- Nigerian Naira (NGN): Our currency rankings show that the most popular Nigerian Naira exchange rate is the NGN to USD rate. The currency code for Nigerian Nairas is NGN. The currency symbol is ₦.
Nigerian Naira with U.S. Dollar (NGN/USD) price prediction with | Aug 9
Please note: The Moroccan dirham/Nigerian naira converter is provided without any warranty. Prices might differ from those given by financial institutions as banks (Central Bank of Morocco, Central Bank of Nigeria), brokers or money transfer companies.
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