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Foreign Exchange Guide to Western Sahara

This currency guide to Western Sahara helps you choose the best way to save money on MAD transfers and travel money.    [USD/MAD=9.5988]

 
Western Sahara
Country Code:
EH
Domestic Currency:
Moroccan Dirham
Symbol - Code:
د.م. MAD
Telephone Prefix:
+212

This is a foreign exchange guide to Western Sahara, the Moroccan Dirham currency plus sending MAD transfers and travel tips.


In this Western Sahara currency guide we take a look at :

  1. Moroccan Dirham info - general info about the Moroccan Dirham
  2. Moroccan Dirham in the markets - recent MAD moves and predictions from the FX markets
  3. Travelling in Western Sahara - currency & money saving tips
  4. Buying Moroccan Dirham cash online - travel money for Western Sahara
  5. Sending money to Western Sahara - save on Moroccan Dirham bank transfers to Western Sahara
  6. Moroccan Dirham exchange rates - latest & historic exchange rates.

Moroccan Dirham (MAD) general currency information


What is the Moroccan Dirham currency code and symbol?

The three letter currency code for the Moroccan Dirham is MAD and the symbol is د.م..


Is the Moroccan Dirham a closed currency?

Yes the Moroccan Dirham is a closed currency. Which means that you may find it difficult to purchase the currency (MAD) before departure and will probably need to buy it upon arrival. If you do manage to buy some of the currency or have some left over from a previous trip, make sure you are aware if you are allowed to bring this closed currency into the country.

For more information and a full list of closed currencies please refer to our guide: What is a closed currency?


Which countries use the Moroccan Dirham?

It is the domestic currency in Morocco and Western Sahara.


Moroccan Dirham (MAD) in the markets

The interactive chart below shows the USD to MAD exchange rate and trend for the previous 3 months:

ALERT: 30-DAY LOW |
At 9.6013 USD/MAD was trading near its 90-DAY average 9.6356 with HIGH-LOW 9.7638-9.4817. ALERT: Today USD/MAD has dropped to a 30-DAY LOW. Updated: 14:07-AEDT 04:07-BST 23:07-EDT

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.

   

Western Sahara Trip Checklist    

 
  1. Search Hotel deals - Save on your accomodation in Western Sahara
  2. Lonely Planet - world's best travel guide (coupon and deals)

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 foreign-transfer exchange 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 here).


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 our Send to MAD 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!

   

Bank Transfers to Western Sahara

Compare Transfer Rates

 

MAD/USD - Moroccan Dirham to United States Dollar - Historical Rates

PeriodMAD/USDDate
1 Day0.103414 Oct 2019
7 Day0.103108 Oct 2019
30 Day0.103715 Sep 2019
3 Month0.104617 Jul 2019
1 Year0.106015 Oct 2018
5 Year0.115116 Oct 2014
10 Year0.130917 Oct 2009

MAD/EUR - Moroccan Dirham to Euro - Historical Rates

PeriodMAD/EURDate
1 Day0.093814 Oct 2019
7 Day0.094108 Oct 2019
30 Day0.093615 Sep 2019
3 Month0.093217 Jul 2019
1 Year0.091515 Oct 2018
5 Year0.089916 Oct 2014
10 Year0.088017 Oct 2009

MAD/GBP - Moroccan Dirham to British Pound Sterling - 10 Year History

PeriodMAD/GBPDate
1 Day0.082014 Oct 2019
7 Day0.084408 Oct 2019
30 Day0.083015 Sep 2019
3 Month0.084117 Jul 2019
1 Year0.080615 Oct 2018
5 Year0.071616 Oct 2014
10 Year0.080217 Oct 2009

MAD/AUD - Moroccan Dirham to Australian Dollar - Historical Rates

PeriodMAD/AUDDate
1 Day0.152614 Oct 2019
7 Day0.153208 Oct 2019
30 Day0.150815 Sep 2019
3 Month0.149217 Jul 2019
1 Year0.148515 Oct 2018
5 Year0.131616 Oct 2014
10 Year0.142817 Oct 2009

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