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 = 0.1816 NZD • Mid-market rate
Updated just now
Compare transfers for MAD → NZD
No signup required • FCA-regulated providers only

Historical MAD/NZD exchange rate

Loading...

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

Quick reference: MAD to NZD

1 MAD → 0.18 NZD
5 MAD → 0.91 NZD
10 MAD → 1.82 NZD
50 MAD → 9.08 NZD
100 MAD → 18.16 NZD
500 MAD → 90.82 NZD
1,000 MAD → 181.65 NZD
5,000 MAD → 908.24 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

See cheapest providers

Compare MAD → NZD providers

See today's best rates from FCA-regulated specialists for your transfer.

Compare providers

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.