The comparison table above helps you see the total cost of your currency transaction by showing the exchange rates offered by different providers. It also makes it easy to spot potential savings from market-leading FX services compared to bank rates.
To see a full list of available providers, simply enter your details and click ‘Get Rates’.
SGD to MAD Market Data
Singapore dollar (SGD) to Moroccan dirham (MAD) market data - latest interbank exchange rate, trend, chart & historic rates.
Sell SGD →
Buy MAD
1 SGD = 7.1176 MAD
▲+0.2% since yesterday
SGD to MAD at 7.1508 is near its 3-month average, having traded in a quite stable 4.1% range from 7.0326 to 7.3222
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Tracker
1 MAD =
0.1405 SGD
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Is the SGD to MAD Exchange Rate Likely to Improve?
Predicting exchange rate movements is always challenging, as they’re influenced by a wide range of economic and geopolitical factors. One useful way to assess the current value of the Singapore dollar against the Moroccan dirham is to review how the SGD/MAD rate has changed over time.
The table below shows the percentage change in the SGD to MAD exchange rate across various timeframes—from the past 2 weeks to the last 20 years:
Date
SGD/MAD
Change
Period
07 Jul 2023
7.2454
0.5% ▲
2 Week
22 Apr 2023
7.5841
4% ▼
3 Month
21 Jul 2022
7.3259
0.6% ▼
1 Year
22 Jul 2018
6.9302
5.1% ▲
5 Year
23 Jul 2013
6.6823
9% ▲
10 Year
26 Jul 2003
5.3994
34.9% ▲
20 Year
SGD/MAD historic rates & change to 21-Jul-2023
SGD to MAD Conversion: What Is Your Money Worth?
To help you understand the real-world value of the current exchange rate, the table below shows how much Singapore dollar are worth in Moroccan dirham across a range of amounts.
This gives a quick view of what you’d get when converting different SGD amounts at today’s rate * :
What is the
best Send Money conversion rate for SGD to MAD?
The best SGD to MAD exchange rate is 7.0749 from XE. This is -0.6% compared to the mid-market rate 7.1176.
As exchange rates can vary
significantly between banks and also between currency exchange providers,
it's therefore important to carefully compare
Singapore dollar (SGD) to Moroccan dirham (MAD) rates from different sources before making a conversion.
The above
Singapore dollar to Dirham comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
banks and other foreign exchange providers against the latest SGD-MAD mid-rate and the possible savings of using various providers.
How do SGD-MAD rates compare between providers?
Looking at the
full comparison table
the best SGD to MAD exchange rate is 7.0749 from XE, -0.6% from the mid-market rate 7.1176. The next best rate is 7.0749 from Wise, -0.6% from the mid-rate. Then WorldRemit with 7.0464 is -1% from the mid-rate.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally,
banks and foreign exchange providers often apply a margin to the exchange rate, resulting in a less favorable rate for customers compared to the mid-market rate.
For more competitive rates, you might consider using a specialized currency exchange service
or platforms that offer rates closer to the mid-market rate.