What is the current TRY to MAD exchange rate?

The current mid-market exchange rate is 1 TRY = 0.2046 MAD. 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 TRY to MAD 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 TRY to MAD?

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

Convert Turkish Liras to Moroccan Dirhams and compare the real cost of sending money.

You send

TRY

They receive

MAD

1 TRY = 0.2046 MAD • Mid-market rate

Updated just now

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Historical TRY/MAD exchange rate

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

Quick reference: TRY to MAD

1 TRY → 0.20 MAD

5 TRY → 1.02 MAD

10 TRY → 2.05 MAD

50 TRY → 10.23 MAD

100 TRY → 20.46 MAD

500 TRY → 102.28 MAD

1,000 TRY → 204.55 MAD

5,000 TRY → 1,022.75 MAD

Currency snapshots

TRY — Turkish Lira

ISO Code TRY

Symbol ₤

Central Bank Central Bank of the Republic of Turkey

Common Notes 5, 10, 20, 50

Learn more about TRY

MAD — Moroccan Dirham

ISO Code MAD

Central Bank Bank Al-Maghrib

Common Notes 20, 50, 100, 200

Learn more about MAD

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

Convert TRY to MAD — live rate

Historical TRY/MAD exchange rate

Quick reference: TRY to MAD

Real cost of TRY → MAD

Estimated savings

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Currency snapshots