What is the current MAD to PAB exchange rate?

The current mid-market exchange rate is 1 MAD = 0.1083 PAB. 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 PAB 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 PAB?

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

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

You send

MAD

They receive

PAB

1 MAD = 0.1083 PAB • Mid-market rate

Updated just now

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Historical MAD/PAB exchange rate

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

Quick reference: MAD to PAB

1 MAD → 0.11 PAB

5 MAD → 0.54 PAB

10 MAD → 1.08 PAB

50 MAD → 5.41 PAB

100 MAD → 10.83 PAB

500 MAD → 54.15 PAB

1,000 MAD → 108.30 PAB

5,000 MAD → 541.49 PAB

Currency snapshots

MAD — Moroccan Dirham

ISO Code MAD

Central Bank Bank Al-Maghrib

Common Notes 20, 50, 100, 200

Learn more about MAD

PAB — Panamanian Balboa

ISO Code PAB

Symbol B/.

Central Bank National Bank of Panama

Learn more about PAB

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

Convert MAD to PAB — live rate

Historical MAD/PAB exchange rate

Quick reference: MAD to PAB

Real cost of MAD → PAB

Estimated savings

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Currency snapshots