MAD black market rate on Oct 12, 2026: 10.23 per USD
On Monday, October 12, 2026, the US dollar traded at about 10.23 MAD on Morocco's parallel (black) market at the close of observations so far. The day opened at 10.12 MAD, reached a high of 10.24 and a low of 10.08, a trading range of 0.16 MAD (1.59%).
Across 206 observations, the average price to buy dollars was 10.15 MAD and the average price received when selling dollars was 10.35 MAD. Over the session the Moroccan Dirham weakened against the dollar (+1.04% from open to close).
Official rate vs black market rate on Oct 12, 2026
The official exchange rate published for Morocco on this date was 9.82 MAD per USD. The parallel-market close of 10.23 MAD therefore implied a premium of +4.15% over the official rate — a moderate gap consistent with limited but functioning official access to foreign exchange.
How Oct 12, 2026 compares
Compared with the previous observed day (Oct 11, 2026, close 10.12 MAD), the rate moved +1.04%.
One week earlier (Oct 5, 2026) the close was 10.15 MAD, so the weekly change was +0.79%.
Thirty days earlier (Sep 12, 2026) the close was 9.72 MAD, a +5.25% move over the month.
How this daily figure is produced
ETCurrency samples Morocco's USD/MAD parallel market throughout the day from peer-to-peer stablecoin order books and, where available, community submissions. Each sample is filtered for outliers and aggregated into a single buy and sell quote; the figures above are the first, highest, lowest and last of those aggregated quotes for Oct 12, 2026 (UTC).
USDT peer-to-peer prices closely track cash dollar prices in most parallel markets but are not identical to them: payment-method fees, merchant margins and local demand for stablecoins can all add a few tenths of a percent.
Frequently asked questions
- What was the dollar to Moroccan Dirham black market rate on Oct 12, 2026?
- The USD to MAD parallel market rate closed at approximately 10.23 MAD per US dollar on Monday, October 12, 2026, after trading between 10.08 and 10.24 MAD.
- How much did the MAD move against the dollar that day?
- From an open of 10.12 to a close of 10.23 MAD, the parallel rate moved +1.04% on Oct 12, 2026.
- What was the gap between the official and black market MAD rate on that date?
- The official rate was 9.82 MAD per USD versus a parallel close of 10.23 MAD, a premium of +4.15%.
- Was the MAD black market rate higher or lower than the day before?
- Higher: the previous observed close was 10.12 MAD on Oct 11, 2026, a change of +1.04%.
Figures are aggregated parallel-market observations for Morocco in UTC and are indicative only; they are not a quote to trade. See the full USD → Moroccan Dirham history or today's live rate.