What is the current GIP to MAD exchange rate?

The current mid-market exchange rate is 1 GIP = 12.4235 MAD. This rate is updated in real-time. Banks typically add a 2-3% markup, while specialist providers offer rates closer to the mid-market rate.

How can I get the best GIP to MAD rate?

To get the best rate, compare FCA-regulated money transfer specialists instead of using your bank. Specialist providers typically charge 0.3-1% vs banks' 2-3% markup. For larger amounts (£1,000+), the savings can be significant.

Is it a good time to convert GIP to MAD?

Exchange rates fluctuate constantly based on economic factors. Use our historical chart to see how the GIP/MAD rate has moved over time. For large transfers, consider setting up rate alerts or using a forward contract to lock in today's rate.

Convert GIP to MAD — live rate

Convert Gibraltar Pounds to Moroccan Dirhams and compare the real cost of sending money.

You send

GIP

They receive

MAD

1 GIP = 12.4235 MAD • Mid-market rate

Updated just now

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Historical GIP/MAD exchange rate

Rates shown are indicative mid-market rates, updated regularly.

Quick reference: GIP to MAD

1 GIP → 12.42 MAD

5 GIP → 62.12 MAD

10 GIP → 124.24 MAD

50 GIP → 621.18 MAD

100 GIP → 1,242.35 MAD

500 GIP → 6,211.75 MAD

1,000 GIP → 12,423.50 MAD

5,000 GIP → 62,117.50 MAD

Currency snapshots

GIP — Gibraltar Pound

ISO Code GIP

Symbol £

Central Bank Government of Gibraltar

Common Notes £5, £10, £20, £50, £100

Learn more about GIP

MAD — Moroccan Dirham

ISO Code MAD

Central Bank Bank Al-Maghrib

Common Notes 20, 50, 100, 200

Learn more about MAD

What affects this rate? Interest rate differentials, inflation expectations, and market risk sentiment are the primary drivers.

Convert GIP to MAD — live rate

Historical GIP/MAD exchange rate

Quick reference: GIP to MAD

Real cost of GIP → MAD

Estimated savings

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Currency snapshots