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Understanding the Table:
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’.
Sending money to Morocco can be an expensive business, more so if you aren’t even aware of all the hidden fees. Money transfer companies and banks profit by charging you fees and a normally hidden margin on the exchange rate.
Using your Bank to make international wire transfers to India can be especially expensive – often 5% to 10% worse than using a foreign exchange specialist to send to Morocco bank accounts or pay a Moroccan dirham invoice.
US dollar (USD) to Moroccan dirham (MAD) market data - latest interbank exchange rate, trend, chart & historic rates.
In the near term, USD/EUR is trading close to recent highs near 0.8663, supported by safe-haven flows driven by geopolitical...
In the near term, USD/JPY is trading close to its 90-day high near 159.1, which is 1.8% above the 3-month average of 156.3. The...
To help you understand the real-world value of the current exchange rate, the table below shows how much US dollar are worth in Moroccan dirham across a range of amounts.
This gives a quick view of what you’d get when converting different USD amounts at today’s rate * :
| USD | MAD |
|---|---|
| $ 106.30 | د.م. 1,000 |
| $ 531.50 | د.م. 5,000 |
| $ 2,126 | د.م. 20,000 |
| $ 10,630 | د.م. 100,000 |
More amounts
*Converted at the current USD-MAD interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
The best USD to MAD exchange rate is 9.3475 from XE. This is -0.6% compared to the mid-market rate 9.4040.
As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare US dollar (USD) to Moroccan dirham (MAD) rates from different sources before making a conversion.
The above 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 USD-MAD mid-rate and the possible savings of using various providers.
Looking at the full USD to MAD - Send Money comparison table the provider with the best USD to MAD exchange rate is XE at 9.3475, -0.6% from the latest mid-market rate 9.4040.
The next best is OFX at 9.1353, -2.9% from the mid-rate.
Then Wise at 9.1031, which is -3.2% 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.
View a full list of exchange rates by selecting your Base (from) currency:
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