Historical Exchange Rates
MAD to BTN Historical Exchange Rates
Review date-based historical exchange-rate data for Moroccan Dirham and Bhutanese Ngultrum. This page is designed for historical lookup, not current conversion.
Showing the 30D range. Providers may omit weekends, holidays or dates without published data.
Data source: Frankfurter | Rate date:
Historical Chart
MAD/BTN range data
1 MAD = 9.708291 BTN on
Monthly and annual reference summary
Calculated from available daily provider observations for 2026-10 and 2026.
| Date | Rate |
|---|---|
| 2026-09-28 | 1 MAD = 9.962471 BTN |
| 2026-09-29 | 1 MAD = 9.931464 BTN |
| 2026-09-30 | 1 MAD = 9.898996 BTN |
| 2026-10-01 | 1 MAD = 9.864438 BTN |
| 2026-10-02 | 1 MAD = 9.815832 BTN |
| 2026-10-05 | 1 MAD = 9.671744 BTN |
| 2026-10-06 | 1 MAD = 9.652007 BTN |
| 2026-10-07 | 1 MAD = 9.667014 BTN |
| 2026-10-08 | 1 MAD = 9.688543 BTN |
| 2026-10-09 | 1 MAD = 9.738205 BTN |
| 2026-10-12 | 1 MAD = 9.840864 BTN |
| 2026-10-13 | 1 MAD = 9.801588 BTN |
| 2026-10-14 | 1 MAD = 9.694049 BTN |
| 2026-10-15 | 1 MAD = 9.671247 BTN |
| 2026-10-16 | 1 MAD = 9.708291 BTN |
Historical trend summary
Observed changes in MAD/BTN
Across 20 provider observations from to , MAD/BTN finished below its first observation. The observed change was -3.50%.
The lowest observed rate was 1 MAD = 9.652007 BTN on . The highest was 1 MAD = 10.060098 BTN on . These statements describe the selected data only and are not a forecast.
Historical Context
Understanding MAD/BTN historical data
MAD/BTN records how many bhutanese ngultrum units one moroccan dirham represented at each provider publication. Moroccan Dirham is associated with Morocco, while Bhutanese Ngultrum is associated with Bhutan. The series can support dated price comparisons, cross-currency records and research into how the relationship changed over the selected period.
Observed movement can reflect relative inflation, economic activity, monetary-policy conditions, trade and demand for the two currencies. The documented exchange-rate arrangements also provide context: The Bhutanese ngultrum is maintained at one-to-one parity with the Indian rupee.. These are historical reference observations, not intraday transaction prices, forecasts or evidence that a single factor caused a particular change.
Exchange-rate information is provided for reference only and is not financial, trading or investment advice.
Source and calculation method
CurrencyHub preserves the requested date separately from the actual provider publication date. Monthly and annual averages are arithmetic means of available daily observations, and the month-end value is the final published observation in that calendar month. No missing weekend or holiday rate is invented or interpolated. Review the policy that applies to any accounting, tax or legal use.
Data interpretation note
These observations are reference rates for comparison and research, not bank execution prices. A requested weekend or holiday may have no publication because the provider follows its own release calendar; CurrencyHub identifies the actual published date instead of inventing or interpolating a value. Banks and payment services can use different processing dates, spreads and fees.