Western Sahara - Moroccan Dirham - Currency Guide

MAD News, Forecasts and Trends

The below interactive chart shows the USD to MAD exchange rate, trend and recent alerts for the last 90 days.

U$1,000 USD
=
د.م.9,618 MAD

Converted at USD/MAD wholesale exchange rate, compare foreign transfer and spend/travel exchange rates.

Travel, Currency and Money saving tips for Western Sahara

Travel money for Western Sahara

As mentioned above, the Moroccan Dirham is a closed currency. Which means that you may find it difficult (or be permitted) to purchase the currency (MAD) before departure and will need to buy it upon arrival in Western Sahara.

For these types of destinations, using a pre-paid travel card is a good solution. As no travel cards support loading closed currencies like the MAD you will incur currency conversion or foreign transaction fees if you use a travel money card in Western Sahara.

However, using a pre-paid travel card is still a good idea as you can avoid ATM fees and also you can avoid using (and losing!) your main bank or debit/credit card.

Sending money to Western Sahara

When searching around for information on how to get a good exchange rate when sending money to Western Sahara you need to start with finding out the latest Moroccan Dirham exchange rate for foreign-transfers, which can be very different to the wholesale rate.

Then compare your bank's exchange rates to several licensed FX providers exchange rate and fees to see how much you can save - we make that calculation easy in the below table.

Get a better deal for foreign transfers to Western Sahara

When sending money to Western Sahara it’s important to compare your bank’s rates & fees with those we have negotiated with our partner money transfer providers. To get a better deal you should follow these 4 simple steps :

1. Open an account with a BER reviewed FX provider (id docs may be required)
2. You specify the local or Moroccan Dirham amount you want to transfer
3. Make a local currency domestic transfer for the requested amount to the provider's bank account in your country
4. Once your funds are received by the provider the converted MAD amount will be transfered to the recipient account you specify in Western Sahara.

Use the above Send to Moroccan Dirham calculator to compare the exchange rates of FX specialist providers rates versus your bank's standard rates you can hopefully save around 5% and maybe more - end result is more Moroccan Dirham deposited into the recipient bank account and less margins and fees kept by the banks!