The 27-year-old has joined the Tuscan outfit on a permanent transfer for an undisclosed fee.
El Hamdaoui had been strongly linked with a move to Fiorentina earlier this year, after being frozen out of Ajax's first team following a dispute with coach Frank de Boer.
A statement from La Viola read: "Fiorentina announces it has acquired the sporting rights of Mounir El Hamdaoui from Ajax."
El Hamdaoui, who was a reported target of Blackburn Rovers and Fulham among other European clubs, had two years left on his contract at Ajax.
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