Pa’anga to Moroccan Dirham

4.0288MAD

for 1 Pa’anga

U.S. Department of the Treasury
30 June 2026
Official quarterly rate

How TOP to MAD has moved

TOP to MAD▼ 9.16%

quarterly readings — this pair has no daily source

TOP to MAD at 4.0288
Amount	In MAD	Reverse
1.00 TOP	4.03 MAD	0.25 TOP
5.00 TOP	20.14 MAD	1.24 TOP
10.00 TOP	40.29 MAD	2.48 TOP
25.00 TOP	100.72 MAD	6.21 TOP
50.00 TOP	201.44 MAD	12.41 TOP
100.00 TOP	402.88 MAD	24.82 TOP
250.00 TOP	1,007 MAD	62.05 TOP
500.00 TOP	2,014 MAD	124.11 TOP
1,000 TOP	4,029 MAD	248.21 TOP
2,500 TOP	10,072 MAD	620.53 TOP
5,000 TOP	20,144 MAD	1,241 TOP
10,000 TOP	40,288 MAD	2,482 TOP

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Common questions

How much is 100 Pa’anga in Moroccan Dirham?

At the reference rate of 4.0288, 100 TOP is 402.88 MAD. The table above shows other amounts at the same rate.

Is this the rate I will get when I send money?

No. This is a reference rate published by a central bank or a treasury as a benchmark. Every provider adds a fee, a margin on the rate, or both. Compare the amount your recipient actually receives, not the rate on its own.

How has TOP to MAD moved?

Across the quarterly readings we hold, the rate ranged from 3.8662 to 4.4406. A rate that moves this much is worth checking on the day you send.

What is MAD?

Moroccan Dirham is the currency with ISO code MAD. Pa’anga carries the code TOP. Both codes come from the ISO 4217 register.

Where this rate comes from

TOP — official quarterly rate published by U.S. Department of the Treasury, 2026-06-30

Rates between two currencies are derived from their rates against the US dollar, which is how a cross rate is calculated. These are reference rates published for information: central banks state plainly that they are not intended for transactions. The rate any provider gives you, including us, includes their fee and their margin — compare the amount that actually arrives, not the rate on its own. Corrections: [email protected].

Who we are

PayerPay is operated by PAYER PAY INTERNATIONAL INC (Company ID BC1526086), registered with the Financial Transactions and Reports Analysis Centre of Canada under MSB registration C100001025 and with the Bank of Canada under the Retail Payment Activities Act. Payment details are issued through licensed banking partners.