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 transaction type, details and click ‘GET RATES’.
EUR to MAD Market Data
Euro (EUR) to Moroccan dirham (MAD) market data - latest interbank exchange rate, trend, chart & historic rates.
Sell EUR →
Buy MAD
1 EUR = 10.53 MAD
▼-0.3% since yesterday
30d-highs
EUR to MAD at 10.53 is just 0.6% above its 3-month average of 10.47, having traded in a very stable 3.0% range from 10.33 to 10.64
Is the EUR 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 Euro against the Moroccan dirham is to review how the EUR/MAD rate has changed over time.
The table below shows the percentage change in the EUR to MAD exchange rate across various timeframes—from the past 2 weeks to the last 20 years:
Date
EUR/MAD
Change
Period
07 Jul 2023
10.73
0.6% ▲
2 Week
22 Apr 2023
11.24
4% ▼
3 Month
21 Jul 2022
10.41
3.7% ▲
1 Year
22 Jul 2018
11.07
2.5% ▼
5 Year
23 Jul 2013
11.15
3.2% ▼
10 Year
26 Jul 2003
10.85
0.6% ▼
20 Year
EUR/MAD historic rates & change to 21-Jul-2023
EUR 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 Euro are worth in Moroccan dirham across a range of amounts.
This gives a quick view of what you’d get when converting different EUR amounts at today’s rate * :
What is the
best Send Money conversion rate for EUR to MAD?
The best EUR to MAD exchange rate is 10.47 from XE. This is -0.57% compared to the mid-market rate 10.53.
As exchange rates can vary
significantly between banks and also between currency exchange providers,
it's therefore important to carefully compare
Euro (EUR) to Moroccan dirham (MAD) rates from different sources before making a conversion.
The above
Euro 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 EUR-MAD mid-rate and the possible savings of using various providers.
How do EUR-MAD rates compare between providers?
Looking at the
full comparison table
the best EUR to MAD exchange rate is 10.47 from XE, -0.57% from the mid-market rate 10.53. The next best rate is 10.46 from Wise, -0.66% from the mid-rate. Then OFX with 10.0725 is -4.3% 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.
The recent forecasts for the EUR to JPY exchange rate reflect a nuanced market landscape influenced by geopolitical tensions, trade policies, and economic performance indicators.