Convert MAD to EUR — live rate

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

MAD
EUR
1 MAD = 0.0933 EUR Mid-market rate
Updated just now
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Historical MAD/EUR exchange rate

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

Quick reference: MAD to EUR

1 MAD 0.09 EUR
5 MAD 0.47 EUR
10 MAD 0.93 EUR
50 MAD 4.67 EUR
100 MAD 9.33 EUR
500 MAD 46.67 EUR
1,000 MAD 93.35 EUR
5,000 MAD 466.74 EUR

Real cost of MAD → EUR

Banks (typical) ~2% markup
Specialists 0.3–1% markup

The rate above is the mid-market rate. Banks and providers add their margin on top.

How we calculate costs

Estimated savings

On 1,000 MAD
Bank ~£20 lost
Specialist ~£8 lost
You save ~£12

*Estimate based on typical provider rates

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Currency snapshots

MAD — Moroccan Dirham
ISO Code MAD
Central Bank Bank Al-Maghrib
Common Notes 20, 50, 100, 200
Learn more about MAD
EUR — Euro
ISO Code EUR
Symbol
Central Bank European Central Bank
Common Notes €5, €10, €20, €50, €100
Learn more about EUR

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