


KGS information
About Moroccan Dirham (MAD)
The Moroccan Dirham (MAD), introduced in 1960, is not just the official currency of Morocco; it symbolizes the nation's deep historical roots and its journey towards economic modernization. It is commonly abbreviated as MAD and represented by the symbol د.م. Replacing the Moroccan Franc, the Dirham marked a new era in Morocco's economic independence following the country's liberation from French and Spanish protectorates.
Historical Background
The introduction of the Moroccan Dirham was a significant milestone in Morocco’s post-colonial era, underscoring the country's move towards establishing a sovereign financial system. This transition was key in manifesting Morocco's new national identity and economic autonomy.
Design and Symbolism
The design of the Moroccan Dirham is a tribute to the country's rich cultural and historical heritage. Banknotes and coins are adorned with images of the late King Mohammed V, modern architectural marvels, and traditional motifs that reflect Morocco's artistic legacy. These designs not only serve as a medium of financial transaction but also tell the story of Morocco's past and present.
Economic Role
The Dirham is central to Morocco’s mixed economy, which is bolstered by sectors like agriculture, mining, manufacturing, and tourism. As the primary medium of exchange, it underpins domestic and international trade, facilitating economic activities that drive growth and development.
Monetary Policy and Stability
Managed by Bank Al-Maghrib, Morocco's central bank, the Dirham has been relatively stable, benefiting from prudent fiscal and monetary policies. The bank's strategies aim to maintain currency stability and inflation control, crucial for economic growth and investor confidence.
International Trade and the Moroccan Dirham
The Dirham plays a significant role in international trade, particularly in the context of Morocco's key exports like phosphates, agricultural products, and textiles. A stable Dirham is vital for maintaining competitive export prices and fostering a favorable trade balance.
Remittances and Economic Impact
Remittances from Moroccans living abroad, particularly in Europe, are an important source of foreign currency. These inflows, exchanged into Dirhams, significantly contribute to the national economy and support the currency's stability.
LVL to KGS conversion rate trend
LVL to KGS market statistics
More info about Level Finance on Bitget
Current LVL to KGS exchange rate
Level Finance to Moroccan Dirham is falling this week.LVL to KGS Conversion tables
The exchange rate of Level Finance is decreasing.LVL to KGS
KGS to LVL
LVL to KGS Today vs. 24 hours ago
Amount | 19:11 today | 24 hours ago | 24h change |
---|---|---|---|
0.5 LVL | с2.36 | с2.6 | -9.21% |
1 LVL | с4.71 | с5.19 | -9.21% |
5 LVL | с23.57 | с25.96 | -9.21% |
10 LVL | с47.14 | с51.92 | -9.21% |
50 LVL | с235.68 | с259.6 | -9.21% |
100 LVL | с471.37 | с519.19 | -9.21% |
500 LVL | с2,356.83 | с2,595.97 | -9.21% |
1000 LVL | с4,713.67 | с5,191.93 | -9.21% |
LVL to KGS Today vs. 1 month ago
Amount | 19:11 today | 1 month ago | 1M change |
---|---|---|---|
0.5 LVL | с2.36 | с2.75 | -14.42% |
1 LVL | с4.71 | с5.51 | -14.42% |
5 LVL | с23.57 | с27.54 | -14.42% |
10 LVL | с47.14 | с55.08 | -14.42% |
50 LVL | с235.68 | с275.4 | -14.42% |
100 LVL | с471.37 | с550.79 | -14.42% |
500 LVL | с2,356.83 | с2,753.96 | -14.42% |
1000 LVL | с4,713.67 | с5,507.92 | -14.42% |
LVL to KGS Today vs. 1 year ago
Amount | 19:11 today | 1 year ago | 1Y change |
---|---|---|---|
0.5 LVL | с2.36 | с14.69 | -83.95% |
1 LVL | с4.71 | с29.37 | -83.95% |
5 LVL | с23.57 | с146.87 | -83.95% |
10 LVL | с47.14 | с293.73 | -83.95% |
50 LVL | с235.68 | с1,468.67 | -83.95% |
100 LVL | с471.37 | с2,937.34 | -83.95% |
500 LVL | с2,356.83 | с14,686.68 | -83.95% |
1000 LVL | с4,713.67 | с29,373.36 | -83.95% |
How to convert LVL to KGS



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