Cryptocurrency Q&A
How is the exchange rate determined in Morocco?
How is the exchange rate determined in Morocco?
CryptoWizardry
Tue Jan 28 2025
|
7
answers
1392
I'm interested in understanding how the exchange rate in Morocco is determined. I want to know the factors and mechanisms that influence the exchange rate in this country.
7 answers
SamuraiCourageous
Thu Jan 30 2025
In determining this rate, the central bank considers a currency basket.
Was this helpful?
94
39
emma_carter_doctor
Thu Jan 30 2025
The Moroccan dirham's exchange rate operates within a specified range.
Was this helpful?
373
69
EchoSolitude
Thu Jan 30 2025
This range allows for fluctuations of up to ± 5 percent.
Was this helpful?
78
94
CryptoMercenary
Thu Jan 30 2025
The central rate for the Moroccan dirham is set by the country's central bank.
Was this helpful?
147
79
CherryBlossom
Wed Jan 29 2025
The basket comprises two major currencies: the euro and the United States dollar.
Was this helpful?
274
47
Load 5 more related questions
