What is the current MAD to QAR exchange rate?

The current mid-market exchange rate is 1 MAD = 0.3964 QAR. 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 MAD to QAR 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 MAD to QAR?

Exchange rates fluctuate constantly based on economic factors. Use our historical chart to see how the MAD/QAR 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 MAD to QAR — live rate

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

You send

MAD

They receive

QAR

1 MAD = 0.3964 QAR • Mid-market rate

Updated just now

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Historical MAD/QAR exchange rate

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

Quick reference: MAD to QAR

1 MAD → 0.40 QAR

5 MAD → 1.98 QAR

10 MAD → 3.96 QAR

50 MAD → 19.82 QAR

100 MAD → 39.64 QAR

500 MAD → 198.20 QAR

1,000 MAD → 396.40 QAR

5,000 MAD → 1,981.98 QAR

Currency snapshots

MAD — Moroccan Dirham

ISO Code MAD

Central Bank Bank Al-Maghrib

Common Notes 20, 50, 100, 200

Learn more about MAD

QAR — Qatari Rial

ISO Code QAR

Symbol ﷼

Central Bank Qatar Central Bank

Common Notes ﷼1, ﷼5, ﷼10, ﷼50, ﷼100, ﷼500

Learn more about QAR

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

Convert MAD to QAR — live rate

Historical MAD/QAR exchange rate

Quick reference: MAD to QAR

Real cost of MAD → QAR

Estimated savings

Compare MAD → QAR providers

Currency snapshots