After Holding Steady, the Dirham Falls Against the Euro

According to the latest weekly indicators from Bank Al-Maghrib, the dirham depreciated by 0.5 % against the euro between August 13 and 19, 2026. It nevertheless appreciated by 0.3 % against the US dollar.

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The movement therefore reversed that observed the previous week, during which the dirham had strengthened against the euro. By way of indication, a 0.5 % change represents approximately 50 dirhams on the equivalent of 1,000 euros at the reference exchange rate. However, the amount actually received in an exchange or transfer depends on the rate and fees applied by the institution.

Reserves remain close to 500 billion

Bank Al-Maghrib also indicates that official reserve assets stood at 499.6 billion dirhams on August 13. They fell slightly by 0.2 % in one week, but remained up 22.4 % year on year.

On Bladi.net : The dirham falls against the euro

At the end of July, these reserves represented the equivalent of five months and twenty-seven days of imports of goods and services.