What is the current MAD to PEN exchange rate?

The current mid-market exchange rate is 1 MAD = 0.3804 PEN. 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 PEN 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 PEN?

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

Convert Moroccan Dirhams to Peruvian Nuevo Sols and compare the real cost of sending money.

You send

MAD

They receive

PEN

1 MAD = 0.3804 PEN • Mid-market rate

Updated just now

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Historical MAD/PEN exchange rate

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

Quick reference: MAD to PEN

1 MAD → 0.38 PEN

5 MAD → 1.90 PEN

10 MAD → 3.80 PEN

50 MAD → 19.02 PEN

100 MAD → 38.04 PEN

500 MAD → 190.21 PEN

1,000 MAD → 380.42 PEN

5,000 MAD → 1,902.10 PEN

Currency snapshots

MAD — Moroccan Dirham

ISO Code MAD

Central Bank Bank Al-Maghrib

Common Notes 20, 50, 100, 200

Learn more about MAD

PEN — Peruvian Nuevo Sol

ISO Code PEN

Symbol S/.

Central Bank Central Reserve Bank of Peru

Common Notes S/.10, S/.20, S/.50, S/.100, S/.200

Learn more about PEN

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

Convert MAD to PEN — live rate

Historical MAD/PEN exchange rate

Quick reference: MAD to PEN

Real cost of MAD → PEN

Estimated savings

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Currency snapshots