What is the
best Send Money conversion rate for AUD to MAD?
The best AUD to MAD exchange rate is 5.8551 from XE. This is -0.6% compared to the mid-market rate 5.8905.
As exchange rates can vary
significantly between banks and also between currency exchange providers,
it's therefore important to carefully compare
Australian dollar (AUD) to Moroccan dirham (MAD) rates from different sources before making a conversion.
The above
NAB - Aussie to Dirham comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
NAB and other foreign exchange providers against the latest AUD-MAD mid-rate and the possible savings of using various providers.
How do NAB AUD-MAD rates compare between providers?
Looking at the full
AUD to MAD - Send Money comparison table the provider with the best AUD to MAD exchange rate is XE at 5.8551, -0.6% from the latest mid-market rate 5.8905.
The next best is Wise at 5.8522, -0.65% from the mid-rate.
Then OFX at 5.652, which is -4% from the mid-rate.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally,
banks like NAB 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.