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’.
GBP to MAD Market Data
British pound (GBP) to Moroccan dirham (MAD) market data - latest interbank exchange rate, trend, chart & historic rates.
Sell GBP →
Buy MAD
1 GBP = 12.41 MAD
▲+0.1% since yesterday
GBP to MAD at 12.39 is near its 3-month average, having traded in a very stable 3.5% range from 12.14 to 12.57
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Tracker
1 MAD =
0.080603 GBP
Is the GBP 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 British pound against the Moroccan dirham is to review how the GBP/MAD rate has changed over time.
The table below shows the percentage change in the GBP to MAD exchange rate across various timeframes—from the past 2 weeks to the last 20 years:
Date
GBP/MAD
Change
Period
07 Jul 2023
12.56
0.8% ▼
2 Week
22 Apr 2023
12.59
1% ▼
3 Month
21 Jul 2022
12.21
2% ▲
1 Year
22 Jul 2018
12.40
0.5% ▲
5 Year
23 Jul 2013
12.96
3.9% ▼
10 Year
26 Jul 2003
15.27
18.4% ▼
20 Year
GBP/MAD historic rates & change to 21-Jul-2023
GBP 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 British pound are worth in Moroccan dirham across a range of amounts.
This gives a quick view of what you’d get when converting different GBP amounts at today’s rate * :
What is the
best Send Money conversion rate for GBP to MAD?
The best GBP to MAD exchange rate is 12.35 from Wise. This is -0.48% compared to the mid-market rate 12.41.
As exchange rates can vary
significantly between banks and also between currency exchange providers,
it's therefore important to carefully compare
British pound (GBP) to Moroccan dirham (MAD) rates from different sources before making a conversion.
The above
Sterling 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 GBP-MAD mid-rate and the possible savings of using various providers.
How do GBP-MAD rates compare between providers?
Looking at the
full comparison table
the best GBP to MAD exchange rate is 12.35 from Wise, -0.48% from the mid-market rate 12.41. The next best rate is 12.33 from XE, -0.64% from the mid-rate. Then OFX with 12.0218 is -3.1% 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.