Convert MAD to NZD — live rate

Convert Moroccan Dirhams to New Zealand Dollars and compare the real cost of sending money.

MAD
NZD
1 MAD = 0.1905 NZD Mid-market rate
Updated just now
Compare transfers for MAD → NZD
No signup required FCA-regulated providers only

Historical MAD/NZD exchange rate

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

Quick reference: MAD to NZD

1 MAD 0.19 NZD
5 MAD 0.95 NZD
10 MAD 1.90 NZD
50 MAD 9.52 NZD
100 MAD 19.05 NZD
500 MAD 95.23 NZD
1,000 MAD 190.47 NZD
5,000 MAD 952.32 NZD

Real cost of MAD → NZD

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
NZD — New Zealand Dollar
ISO Code NZD
Symbol $
Central Bank Reserve Bank of New Zealand
Common Notes $5, $10, $20, $50, $100
Learn more about NZD

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