Compare today's EUR to MAD (Euro to Moroccan Dirham) exchange rates
📈 France to Morocco Money Transfer Snapshot Today
- Best EUR to MAD exchange rate today: MAD 10.8915, offered by Regency FX
- Number of money transfer providers compared: 17
- Exchange rate range: MAD 10.5338 to MAD 10.8915
- Potential savings on EUR 1000: MAD 357.70
- Number of deals and promo codes: 10
- Mid-market
ⓘThe mid-market exchange rate (also called the interbank rate) is the real EUR to MAD exchange rate before providers add their margin or fees. exchange rate: 1 EUR = MAD 10.9358 (Updated about an hour ago)
See detailed France to Morocco money transfer comparison below.
Money Transfer Providers that matched the search criteria
📢 B2B transfers only
📢 Special exchange rate applied for first transfer
📢 Special exchange rate applied for first transfer
📢 B2B transfers only
📢 New! Cash pickup available
📢 Special exchange rate applied for first transfer
If you are making international business money transfers or payments, RemitFinder can assist by matching you with the best options to suit your unique business needs. Get in touch now to see how we can help protect your business revenue by getting you higher exchange rates and lower transfer fees on international business FX.
💡What today's EUR-MAD exchange rates mean for you
Compare today's EUR-MAD exchange rates and send money from France to Morocco with confidence. View the latest exchange rates, read detailed provider reviews, and discover deals and promo codes — all in one place.
We compared 17 providers facilitating France to Morocco money transfers today. Here is how the market looks like right now:
Today's Most Competitive France to Morocco Providers
🥇 Regency FX with 1 EUR = 10.8915 MAD (best EUR to MAD exchange rate today).
🥈 Verto offering 1 EUR = 10.8806 MAD.
🥉 Sendwave & TalkRemit are also pricing EUR-MAD competitively today.
The exchange rate provided by these 17 providers ranges from MAD 10.5338 to MAD 10.8915. For a EUR 1000 money transfer from France to Morocco, that could mean up to MAD 357.70 saved on FX alone.
EUR-MAD exchange rates fluctuate throughout the day, and top positions can change quickly. This can significantly impact the final MAD payout that your recipient gets in Morocco.
That's why we recommend comparing money transfer providers to ensure you can maximize the value of your France to Morocco remittances.
🔄 Looking for the reverse route? Send money from Morocco to France instead.
Looking for a different option? You can browse all sending countries on our send money from hub, or view all destinations available when sending money from France.
👇 Look beyond today's EUR-MAD exchange rate — historical pricing trends show how they can affect the overall transfer cost of your transfer.
Whilst the exchange rate matters, long-term pricing patterns show that exchange rate markup, transfer fees, and payment and delivery methods can significantly influence your final payout.
Below, we analyze France to Morocco historical remittance data to help you understand where costs may arise and strategies to potentially maximize your MAD payout.
Data-driven cost insights for France to Morocco money transfers
When you send money internationally from France to Morocco, the key factors that will influence the overall cost of your transaction are:
- EUR-MAD exchange rate
- Transfer fee
- Payment method
- Delivery method
Ideally, you would want to optimize these 4 factors to try to get the maximum MAD payout for your overseas recipient in Morocco.
Another counter-balancing aspect is money transfer speed. If you need to rush money from France to Morocco, you may have to compromise on some or all of the above factors.
To put these factors into a better perspective with a data-driven approach, we have analyzed historical remittance pricing1 for the France to Morocco corridor, comparing total transfer costs, FX margins, fees, and payment and delivery methods across providers.
This historical analysis based on actual EUR-MAD transfer data could prove useful in identifying the lowest-cost funding options and payout combinations, thereby helping you reduce transfer costs and maximize the amount received.
Before we deep dive, here are the key trends from our analysis, summarized in an easy to read manner.
📌 Key insights for France to Morocco money transfers
- Typical total cost: 6.06% (range -0.13% to 46.35%, spread 46.48 pp)
- Potential value difference: On a EUR 140 transfer, that spread can save you up to EUR 65.07.
- FX markup (exchange rate margin): 1.87% (range -1.83% to 5.91%, spread 7.74 pp)
- Average transfer fee: EUR 5.87 (range EUR 0.00 to EUR 63.00)
- Cheapest payment/delivery method combo: Credit Card → Mobile Wallet (3.07% avg cost); most expensive is Bank Account Transfer → Cash Pickup (15.05%)
- Method choice impact: Cheapest vs most expensive combo differs by about 11.97 percentage points.
- Market coverage: ~22 active providers (competition level: highly competitive)
- Typical speed: About 21 hours
What to do next: Compare providers using both exchange rate and fees, then optimize your payment and delivery methods to reduce total cost.
Below, we provide various useful and detailed insights for France to Morocco money transfers.
📈 EUR to MAD exchange rate markup can be the biggest hidden cost
The exchange rate on your France to Morocco money transfers can often be the single biggest factor that will determine your overall EUR cost and your recipient's MAD payout.
To analyze exchange rates, we will rely on the exchange rate markup (also called FX margin) which is the difference between the mid-market
Based on 497 pricing observations across 22 providers over the last 3 years (for a EUR 140 money transfer benchmark), we see the following exchange rate markup ranges for Euro to Morocco transfers:
- Average exchange rate markup: 1.87%
- Median exchange rate markup: 1.96%
- Lowest observed markup: -1.83%
ⓘA negative markup generally represents a promotional exchange rate whereby a provider offers an exchange rate that is even higher than the mid-market rate, often on smaller amounts. - Highest observed markup: 5.91%
That is an FX markup spread of 7.74 percentage points between the lowest and highest observed exchange rate markups.
This spread is important because FX markup is not consistent across providers or payment methods. In other words, a "good deal" on one day or transfer amount can look very different on another.
For example, on a EUR 140 transfer, the above markup range is equivalent to roughly MAD 10.84 purely from differences in the exchange rate. That incremental saving can be MAD 26.70 for a EUR 345 transfer.
How to use this insight: When comparing providers for France to Morocco international remittances, always compare the exchange rate you receive (not just fees). A small difference in the FX markup can outweigh fees quickly, and the impact typically grows as transfer amounts increase.
EUR to MAD exchange rate can be the single most critical cost determining factor for your transfer. When comparing providers, pay close attention to the rate you will get.
💰 Transfer fees influence your total France to Morocco remittance cost
Whilst exchange rate is a major factor affecting total percentage cost, the transfer fee itself can also have a major impact on how much of your Euro amount actually reaches your recipient in Morocco.
Based on 497 pricing observations across 22 providers over the last 3 years (EUR 140 benchmark), we notice the following fee patterns for Euro to Morocco money transfers:
- Average transfer fee: EUR 5.87
- Median transfer fee: EUR 3.89
- Lowest observed fee: EUR 0.00
- Highest observed fee: EUR 63.00
On a EUR 140 transfer, the average fee amount of EUR 5.87 represents 4.19% of the total amount sent.
Looking at the overall fee variation, even if two providers provide similar exchange rates, a worst case transfer fee can reduce the final payout by EUR 63.00 on the same transfer amount.
For larger transfers, fixed fees generally become less significant as a percentage of the total amount. But for smaller transfers, fees can represent a substantial portion of total cost.
How to use this insight: For your next money transfer from France to Moroccan Dirham, look for providers that provide lower (or even 0) fees.
One caveat to this, though, is something called the hidden fee. Some providers may hide their fees by providing lower exchange rates (referred to as a hidden fee), so you should also keep an eye on rates whilst paying attention to fees.
💸 Payment and delivery methods matter for EUR-MAD remittances
Based on our detailed analysis of historical pricing on the France to Morocco corridor, we see meaningful variation in overall cost depending on the payment method and delivery method you choose.
Based on 497 pricing observations across 22 providers over the last 3 years (EUR 140 money transfer benchmark), the lowest-cost payment and delivery options consistently differ from the highest-cost ones.
For example, here is the average cost variation for popular payment methods used to send money to Morocco from France:
- Mobile Wallet: 4.01%
- Debit Card: 4.04%
- Credit Card: 4.26%
- Cash: 7.47%
- Bank Account Transfer: 10.68%
That is a total spread of 6.67 percentage points.
This means that on a EUR 140 EUR-MAD transfer, you could save (or lose) up to EUR 9.34 simply by choosing from amongst the available payment methods.
The savings will only multiply for higher EUR amounts.
Similarly, here is the average cost of popular delivery methods used to send money to Morocco:
- Mobile Wallet: 3.07%
- Cash Pickup: 5.84%
- Bank Deposit: 6.67%
The difference between the above delivery methods is 3.60 percentage points.
Once again, this means that you could save up to EUR 5.04 on a EUR 140 transfer to Morocco by choosing Mobile Wallet versus Bank Deposit.
As you can imagine, the possible combinations of France payment methods and Morocco delivery methods will all have disparate cost associated with them. Let us look at that next.
Here is a summary table that shows the average cost of payment and delivery method combinations for France to MAD money transfers.
| Payment Method | Delivery Method | Avg cost (%) |
|---|---|---|
| Credit Card | Mobile Wallet | 3.07 |
| Debit Card | Mobile Wallet | 3.07 |
| Debit Card | Bank Deposit | 3.36 |
| Credit Card | Bank Deposit | 3.46 |
| Mobile Wallet | Cash Pickup | 4.01 |
| Debit Card | Cash Pickup | 4.47 |
| Credit Card | Cash Pickup | 4.81 |
| Cash | Cash Pickup | 7.47 |
| Bank Account Transfer | Bank Deposit | 10.02 |
| Bank Account Transfer | Cash Pickup | 15.05 |
Combinations are sorted by average total cost % (cheapest to most expensive).
As you can see, the cost differential between these EUR-MAD payment and delivery options is significant. To put this in further perspective:
- Credit Card → Mobile Wallet has the lowest average cost at 3.07%.
- Bank Account Transfer → Cash Pickup has the highest average cost at 15.05%.
- Credit Card → Mobile Wallet average cost is 11.97 percentage points lower than Bank Account Transfer → Cash Pickup.
- This means that on a EUR 140 money transfer, you could save up to EUR 21.07 simply by choosing the best payment and delivery method combo.
- Further, on a EUR 345 money transfer, the savings increase to EUR 51.91.
Here is a quick summary of the average historical cost of various payment and delivery methods for EUR to Morocco money transfers.
💸 Cheapest payment and delivery methods (data-backed)
- Cheapest payment method: Cost of Mobile Wallet averaged 4.01%, compared to 10.68% for Bank Account Transfer, a difference of 6.67 percentage points.
- Cheapest delivery method: Cost of Mobile Wallet averaged 3.07%, compared to 6.67% for Bank Deposit (3.60 percentage points higher).
- Cheapest combo: Cost of Credit Card → Mobile Wallet averaged 3.07%, which is 11.97 percentage points lower than Bank Account Transfer → Cash Pickup (15.05%).
How to use this insight: As you compare money transfer providers for your next France to Morocco international money transfer, strive to pair the lowest-cost payment method with the lowest-cost delivery method.
This approach can help you avoid a common remittance pitfall of "cheap exchange rate, expensive methods" that can raise total cost even when the headline exchange rate looks attractive.
You can save money on your France to Morocco remittances by carefully choosing the most economical payment and delivery methods.
🏦 Are banks more expensive than specialist providers for EUR-MAD money transfers?
We compared traditional banks with specialist money transfer providers based on 3 years of pricing data for France to Morocco transfers (EUR 140 benchmark), and noticed some patterns.
We observed that traditional banks charge 9.53 percentage points more on average than specialist money transfer providers for the France to Morocco remittance corridor.
That means banks are approximately 3.10x more expensive than money transfer companies on average.
Here are the key stats behind this comparison:
| Banks | Specialists | Difference | |
|---|---|---|---|
| Average transfer fee | EUR 18.31 | EUR 3.52 | EUR 14.79 |
| Exchange rate markup | 1.00% | 2.03% | -1.03 pp |
| Average total cost (%) | 14.07% | 4.54% | 9.53 pp |
How to use this insight: Whilst banks in France may offer convenience and brand familiarity, specialist money transfer providers often deliver lower overall cost driven by better exchange rates and lower fees. Even if you want to send money overseas with your bank in France, we recommend comparing with money transfer companies to find the best options.
📊 Does sending more reduce the cost of EUR-MAD money transfers?
To see if transfer cost varies based on the amount sent, we compared the average costs of sending EUR 140 vs EUR 345 from France to Morocco.
We found that sending the higher amount (EUR 345) tends to be cheaper - average cost drops from 6.06% to 4.04%, a reduction of 2.01 percentage points.
It is possible that the cost may continue to drop for higher transfer amounts. That said, always check the latest exchange rates and fees for your transfer amount.
How to use this insight: Since it is generally cheaper to send higher Euro amounts to Morocco, consider consolidating smaller, more frequent transfers into fewer, larger sends as doing so may reduce the total cost you pay.
🏛 How competitive is the France to Morocco remittance market?
Based on 497 pricing observations over the last 3 years (EUR 140 money transfer benchmark), the EUR-MAD corridor is served by 22 active providers on an average.
With 22 providers serving this market, we consider the level of competition in this corridor to be highly competitive.
Traditional banks represent only 27.3% of active providers in this corridor (6 out of 22), meaning specialist money transfer companies make up the majority.
A corridor with more active providers is typically more competitive, which can translate into better pricing and more payment and delivery options for your France to Morocco remittances.
⏱️ How fast are EUR-MAD money transfers?
Transfer speed can matter just as much as cost, especially when your recipient in Morocco needs funds urgently.
Based on 497 historical pricing observations across 22 providers over the last 3 years (EUR 140 benchmark), here is what we see for France to Morocco transfers:
- Typical transfer time: About 21 hours.
- Fastest transfer time: About less than 1 hour.
- Slowest transfer time: About 96 hours (~4.0 days).
- Average speed at EUR 140: About 21 hours.
- Average speed at EUR 345: About 21 hours.
Banks vs money transfer providers: We observed that banks take on average 22 hours longer than specialist money transfer providers on this corridor.
How to use this insight: If you need to send money from France to Morocco in a hurry, compare providers not just on exchange rate, but also on expected speed. Speed often varies by payout method (bank vs cash vs wallet) and local rails in Morocco.
On the France to Morocco corridor, delivery speed can vary across providers, so it is worth comparing transfer speed alongside total cost for time-sensitive money transfers.
Frequently Asked Questions about France to Morocco money transfers
These FAQs use data from RemitFinder's historical analysis of France to Morocco money transfers over several years.
What factors affect the total cost of sending money from France to Morocco?
EUR-MAD exchange rate markup, transfer fees, payment method and delivery method all affect total cost.
The total cost of your EUR-MAD money transfer depends on how you fund the transaction (payment method), how the recipient receives it (delivery method), the exchange rate markup applied, and any transfer fee charged by the provider. You can generally avoid overpaying by comparing various providers.
How much does the exchange rate markup affect France to Morocco transfers?
EUR-MAD exchange rate markup can significantly affect your final payout.
Historical Euro to MAD FX markup ranges from -1.83% to 5.91%, a spread of 7.74 percentage points. As you can see, even small differences in the exchange rate markup can easily outweigh fees.
Can EUR-MAD exchange rate markup be negative?
Yes, negative markup can occur for France to Morocco transfers, usually representing a promotional rate.
In some cases, providers may offer promotional exchange rates that are better than the mid-market rate, resulting in a negative EUR-MAD exchange rate markup. These offers are typically limited in size, eligibility, or duration. Compare providers to see if you can take advantage of such special offers.
Is the exchange rate or the fee more important for France to Morocco transfers?
The transfer fee contributes more to pricing variation for EUR-MAD transfers (and that remains true at higher amounts).
Exchange rate markup ranges from -1.83% to 5.91% (a spread of 7.74 percentage points). Transfer fees range from EUR 0.00 to EUR 63.00, which equals roughly 45.00 percentage points of a EUR 140.00 transfer.
At both EUR 140.00 and EUR 345.00, the transfer fee shows larger variation than the other component.
But regardless, our recommendation is that it is important to compare both exchange rates and fees when choosing a provider for France to Morocco transfers.
As the transfer amount increases, the % impact of fees often decreases (because the fee gets spread across a larger EUR amount), whilst exchange rate markup remains a percentage-based cost that can scale with transfer size.
For smaller transfers, fees can matter more, whilst for larger transfers, exchange rate markup often becomes the bigger driver. Either way, comparing both helps you get the most MAD for your EUR.
How much can France to Morocco transfer costs vary between providers?
Transfer costs can vary significantly depending on provider and method.
Historical transfer costs range from -0.13% to 46.35% for EUR transfers to Morocco. That is a spread of 46.48 percentage points, meaning the difference between providers can be material.
A major contributor to this variation is exchange rate markup. Markup alone ranges from -1.83% to 5.91% (a spread of 7.74 percentage points). Even small differences in FX margin, therefore, can significantly change the final MAD payout.
Why does the same EUR transfer cost different amounts when sending MAD to Morocco?
Payment method, delivery method, exchange rate markup, and fees all affect total EUR-MAD cost.
Costs vary because providers apply different Euro exchange rate markups, charge different transfer fees, and offer different payment and delivery methods. Even small differences amongst all these factors can significantly change the final payout in MAD in Morocco.
How stable are transfer costs in the France to Morocco corridor?
Money transfer costs can vary meaningfully across providers and methods in the France to Morocco market.
When we analyzed the historical total cost for EUR-MAD transfers, we observed a range from -0.13% to 46.35% (46.48 percentage points), along with a variability (standard deviation) of about 6.93%.
A major driver of cost in this market is exchange rate markup. Markup ranges from -1.83% to 5.91% (7.74 percentage points), with a standard deviation of about 1.40%. Fees and method choices can contribute to further volatility.
This reinforces why comparing money transfer providers and their services can matter when it comes to getting the most of your EUR-MAD transfers.
Which payment method is cheapest for France to Morocco remittances?
Mobile Wallet is the cheapest payment method in France based on average cost.
Mobile Wallet averages 4.01% of total cost compared to Bank Account Transfer at 10.68%, a difference of 6.67 percentage points.
Based on this, we recommend paying for your EUR transfer with Mobile Wallet, and avoiding Bank Account Transfer if possible.
Is Debit Card cheaper than Credit Card for France to Morocco transfers?
Debit Card is cheaper on average when sending money to Morocco from France.
For EUR-MAD transfers, Debit Card funding averages 4.04% compared to 4.26% for Credit Card payments, a difference of 0.22 percentage points.
As a result, we recommend that you avoid paying for your transfer to Morocco with a Credit Card.
Which delivery method is cheapest for EUR-MAD money transfers?
Mobile Wallet is the cheapest delivery method in Morocco on average.
Mobile Wallet averages 3.07% total cost compared to Bank Deposit at 6.67%, a spread of 3.60 percentage points.
If your recipient in Morocco can accept Mobile Wallet, we recommend choose it as your preferred delivery option for EUR-MAD transfers.
Is Bank Deposit cheaper than Cash Pickup for France to Morocco transfers?
Cash Pickup is cheaper on average for transfers to Morocco.
For EUR transfers to Morocco, Bank Deposit averages 6.67% versus 5.84% for Cash Pickup, a difference of 0.83 percentage points. To save more, consider choosing the cheapest delivery option for Morocco.
What is the cheapest way to send money from France to Morocco?
For EUR-MAD transfers, Credit Card → Mobile Wallet has the lowest-cost combination on average.
We evaluated 10 payment and delivery method combinations in the France to Morocco remittance market.
Based on historical averages, Credit Card → Mobile Wallet costs about 3.07% on average. At the other end of the spectrum, Bank Account Transfer → Cash Pickup is the most expensive combination at about 15.05% on average.
The spread between the cheapest and most expensive method combinations is approximately 11.97 percentage points when sending EUR to Morocco.
Money transfer providers tend to price payment and delivery methods for France to Morocco remittances differently. As you compare options, look for the cheapest payment-delivery method combo to maximize the value of your EUR-MAD transfers.
Does sending more money reduce the cost for France to Morocco transfers?
Larger EUR-MAD transfers are cheaper as a percentage on average.
The cost of a EUR 140 transfer averages 6.06% as compared to 4.04% for a EUR 345 transfer, a difference of 2.01 percentage points.
Note that transfer cost can change quickly based on the EUR amount you send, so ensure to carefully compare providers.
How long does it take to send money from France to Morocco?
Most EUR-MAD transfers complete in about 21 hours.
Based on our analysis, the average transfer time is 21 hours, with the fastest transfers completing in less than one hour and the slowest in 96 hours (~4.0 days).
Are instant transfers available from France to Morocco?
Yes, some transfers to Morocco from France can complete in less than one hour.
Historical data shows that certain providers can complete transfers in under one hour.
Note that the actual speed of your EUR-MAD transfer will depend on the chosen provider, payment method, delivery method, and eligibility checks.
Are banks more expensive than money transfer companies for France to Morocco?
Banks in France are more expensive than specialist money transfer providers on average.
Banks average 14.07% total cost compared to 4.54% for specialist money transfer providers in France, a difference of 9.53 percentage points.
Why do banks charge more for France to Morocco transfers?
Banks in France often apply higher exchange rate markups and charge high wire transfer fees.
In this corridor, banks average 14.07% total cost compared to 4.54% for money transfer specialists.
The difference is often due to the fact that banks in France charge higher exchange rate markups, and often higher wire transfer fees as well.
How competitive is the France to Morocco remittance market?
On an average, there have been 22 active providers facilitating EUR-MAD transfers.
Based on historical data, the competition level in France to Morocco is considered highly competitive with 22 active providers.
Specialist money transfer providers represent about 72.7% of identified providers in France.
Do I risk overpaying if I do not compare providers for France to Morocco?
The difference between providers servicing France to Morocco can be meaningful, especially as the EUR transfer amounts increase.
Historically, total EUR-MAD transfer cost has varied by about 46.48 percentage points. On a EUR 140 transfer, that can translate to roughly EUR 65.07 in savings.
EUR-MAD exchange rate markup also varies across providers. The average markup spread has been about 7.74 percentage points. On a EUR 140 transfer, that is roughly EUR 10.84 saved from FX alone.
Fees can also make a big difference in this market. The fee difference across providers has been about EUR 63.00 traditionally.
That is why comparing providers can materially change how much of the EUR you send does your recipient receive in Morocco in Morocco.
Latest EUR to MAD Conversion Rates
Here are some latest EUR to MAD (Euro to Moroccan Dirham) exchange rates for popular conversion amounts*.
| 1 EUR | 10.94 MAD |
| 5 EUR | 54.68 MAD |
| 10 EUR | 109.36 MAD |
| 25 EUR | 273.40 MAD |
| 50 EUR | 546.79 MAD |
| 100 EUR | 1,093.58 MAD |
| 150 EUR | 1,640.37 MAD |
| 200 EUR | 2,187.16 MAD |
| 250 EUR | 2,733.95 MAD |
| 300 EUR | 3,280.74 MAD |
| 400 EUR | 4,374.32 MAD |
| 500 EUR | 5,467.90 MAD |
| 600 EUR | 6,561.48 MAD |
| 700 EUR | 7,655.06 MAD |
| 800 EUR | 8,748.64 MAD |
| 1000 EUR | 10,935.80 MAD |
| 1500 EUR | 16,403.70 MAD |
| 2000 EUR | 21,871.60 MAD |
| 2500 EUR | 27,339.50 MAD |
| 3000 EUR | 32,807.40 MAD |
| 4000 EUR | 43,743.20 MAD |
| 5000 EUR | 54,679.00 MAD |
| 10000 EUR | 109,358.00 MAD |
| 15000 EUR | 164,037.00 MAD |
| 20000 EUR | 218,716.00 MAD |
| 30000 EUR | 328,074.00 MAD |
| 40000 EUR | 437,432.00 MAD |
| 50000 EUR | 546,790.00 MAD |
| 100000 EUR | 1,093,580.00 MAD |
*Based on the Mid-market
1 Based on 497 pricing observations across 22 firms over the last 3 years for a EUR 140 money transfer from France to Morocco. Data Source: The World Bank, Remittance Prices Worldwide, available at http://remittanceprices.worldbank.org.
How we analyze remittance data?
Insights are derived from the World Bank's Remittance Prices Worldwide dataset, which collects standardized provider pricing information at defined transfer amounts.
We aggregate this data across multiple providers and multi-year periods to calculate averages, medians, and variability measures in order to identify consistent pricing patterns for the France to Morocco remittance corridor.
RemitFinder does not modify the underlying World Bank data. The analysis presented here is independently calculated from published datasets and is intended for informational and comparison purposes only.