📈 Israel to Morocco Money Transfer Snapshot Today
- Best ILS to MAD exchange rate today: MAD 3.1001, offered by Regency FX
- Number of money transfer providers compared: 8
- Exchange rate range: MAD 3.1001 to MAD 2.9744
- Potential savings on ILS 1000: MAD 125.70
- Number of deals and promo codes: 1
- Mid-market
ⓘThe mid-market exchange rate (also called the interbank rate) is the real ILS to MAD exchange rate before providers add their margin or fees. exchange rate: 1 ILS = MAD 3.0978 (Updated about an hour ago)
See detailed Israel to Morocco money transfer comparison below.
Israel to Morocco money transfer providers that matched the search criteria
📢 B2B transfers only
📢 Special exchange rate applied for first transfer
📢 B2B transfers only
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 these rates mean for sending money to Morocco from Israel today
Compare top-rated money transfer providers to find the best way to remit money to Morocco from Israel. Check today's ILS to MAD exchange rates, read detailed provider reviews, and discover exclusive deals and promo codes.
RemitFinder compared 8 providers for Israel to Morocco money transfers today. Here is what the competition looks like right now:
Today's Most Competitive Providers to Transfer Money to Morocco from Israel
🥇 Regency FX with 1 ILS = 3.1001 MAD (best ILS to MAD exchange rate today).
🥈 Key Currency offering 1 ILS = 3.1001 MAD.
🥉 Currencyflow & Verto are also providing good FX rate today.
The 8 providers compared today offer exchange rates from MAD 2.9744 to MAD 3.1001. On a ILS 1000 transfer from Israel to Morocco, that spread means up to MAD 125.70 in potential savings — simply by choosing the right provider.
Israeli New Sheqel to Moroccan Dirham exchange rates fluctuate throughout the day, and top-ranked providers can change quickly. Even a small difference in the rate offered can significantly impact how much MAD your recipient receives in Morocco.
Compare the providers above to maximize every ILS you send to Morocco. The best Israeli New Sheqel to Moroccan Dirham transfer rate changes daily, so comparing today matters.
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 Israel.
👇 There is more to a great transfer than today's ILS to MAD exchange rate — 5 years of historical pricing data reveals what really drives the total cost of sending money to Morocco from Israel.
Whilst Israeli New Sheqel to Moroccan Dirham exchange rate is crucial, historical data shows that transfer fees, ILS amount sent and payment and delivery methods can also significantly influence your final payout.
Below, we analyze 5 years of Israel to Morocco remittance data to show you exactly where costs arise, and the best practices that maximize your MAD payout on every transfer.
Cost insights to remit money from Israel to Morocco (data-backed)
When you send money internationally from Israel to Morocco, the following 4 key factors determine how much your recipient actually receives:
- ILS to MAD exchange rate
- Transfer fee
- Payment method
- Delivery method
Ideally, optimizing all four factors together gives your recipient in Morocco the maximum MAD payout on every transfer.
Another counter-balancing aspect is money transfer speed. If you need to transfer money from Israel to Morocco urgently, you may have to compromise on some of the above factors whilst optimizing for speed.
To understand what actually drives cost, we analyzed historical remittance pricing1 for ILS to MAD money transfers — comparing transfer costs, FX margins, fees, and payment and delivery methods across providers.
This analysis is based on 62 actual Israel to Morocco money transfers handled by 3 providers over the last 5 years (for a ILS 200 remittance benchmark).
This analysis of real Israeli New Sheqel to Moroccan Dirham transfer data identifies the lowest-cost payment and delivery combinations — so you keep more of every Israeli New Sheqel you send.
Before we deep dive, here are the key trends:
📌 Key Cost Insights: Transferring money from Israel to Morocco
- Average total cost: 13.13% (range 9.01% to 23.13%, spread 14.12 percentage points)
- Potential payout difference: On a ILS 200 transfer, the above variation can save you up to ILS 28.24.
- Average FX markup: 2.77% (range -1.01%
ⓘ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. to 11.72%, spread 12.73 percentage points) - Average transfer fee: ILS 42.29 (range ILS 18.00 to ILS 100.00)
- Cheapest payment/delivery method combo: Cash → Bank Deposit (11.49% avg cost); most expensive is Bank Account Transfer → Bank Deposit (13.66%)
- Payment/delivery method choice impact: Cheapest vs most expensive combo saves 2.17% (ILS 4.34 on ILS 200 transfer).
- Market coverage: ~3 providers on average (competition level: limited)
- Average speed: About 31 hours (~1.3 days)
🛠️ Key takeaway: Compare providers using both exchange rate and fees, then optimize your payment and delivery methods to reduce total cost.
Below, we break down each of these factors in detail — so you know exactly where to focus when comparing providers for your next money transfer to Morocco from Israel.
📈 ILS to MAD Exchange Rate: The biggest factor when you send Israeli New Sheqel to Moroccan Dirham
The exchange rate on your Israel to Morocco money transfer is the single biggest factor determining your overall ILS cost — and how many Moroccan Dirham your recipient actually receives.
To analyze exchange rates, we use the exchange rate markup (also called FX margin) — the difference between the mid-market exchange rate
Here is what 5 years of historical data shows for FX markup on Israeli New Sheqel to Morocco transfers:
- Average markup: 2.77%
- Median markup: 1.67%
- Lowest markup: -1.01%
ⓘ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 markup: 11.72%
That is a spread of 12.73 percentage points between the lowest and highest observed FX markups.
To put this into perspective — on a ILS 200 transfer, that spread is MAD 25.46 in differences purely from the exchange rate. On a ILS 500 transfer, that gap grows to MAD 63.65.
🛠️ How to use this insight: When comparing providers for Israel to Morocco remittances, pay close attention to the exchange rate you receive. A small difference in the FX markup can quickly outweigh other factors like fees, and the gap generally grows as transfer amounts increase.
The ILS to MAD exchange rate is the single most critical factor in the cost of your transfer. When comparing providers, always check the rate first — it matters more than you might expect.
💰 Transfer Fees: What to watch when you remit money from Israel to Morocco
Whilst exchange rate gets most of the attention, the transfer fee can also have a big impact on how much of your Israeli New Sheqel actually reaches your recipient in Morocco.
Based on 5 years of pricing data, here is what we see on Israeli New Sheqel to Morocco money transfer fees:
- Average fee: ILS 42.29
- Median fee: ILS 26.00
- Lowest fee: ILS 18.00
- Highest fee: ILS 100.00
The average fee of ILS 42.29 represents 21.15% of a ILS 200 transfer, a meaningful cost on its own.
And even when two providers offer identical exchange rates, the difference between the lowest and highest fee means a payout difference of up to ILS 82.00.
🛠️ How to use this insight: For your next money transfer from Israel to Moroccan Dirham, look for providers that offer lower (or even 0) transfer fees.
One important caveat: watch out for hidden fees. Some providers advertise zero or low fees but offset it with a lower ILS to MAD exchange rate. The money lost through an inferior FX rate is just as real as a visible fee — but since it does not show up as a line item, it is called a hidden fee.
This is why comparing total cost (fee + FX markup combined) always gives you a clearer picture instead of looking at rates or fees alone.
Finally, keep in mind that fixed fees matter more on smaller transfers. On a ILS 200 transfer, a ILS 5 fee is 2.5% of your total amount. On a ILS 2,000 transfer, that same fee is just 0.25%. If you send smaller Israeli New Sheqel to Moroccan Dirham transfers regularly, pay even more attention to fees.
Transfer fees can be just as costly as a poor exchange rate — always look at the total cost of your ILS to MAD transfer, not just rates or fees alone.
💸 Payment & Delivery Methods that reduce your cost to transfer money to Morocco from Israel
Based on our analysis of historical Israel to Morocco remittance data, we see consistent variation in overall cost amongst various payment method and delivery methods.
Even when Israeli New Sheqel to Moroccan Dirham exchange rates are similar, different combinations of payment and delivery options can lead to meaningful differences in what you pay.
💳 Average Cost by Payment Method
Here is the average cost for popular payment methods used to send money to Morocco from Israel:
- Cash: 12.97%
- Bank Account Transfer: 13.66%
That is a spread of 0.69 percentage points.
👉 On a ILS 200 transfer, this means you could save up to ILS 1.37 simply by choosing a lower-cost payment method.
These savings increase further for larger ILS transfer amounts.
📥 Average Cost by Delivery Method
Here is the average cost of popular delivery methods used to remit money from Israel to Morocco:
- Bank Deposit: 12.87%
- Cash Pickup: 13.27%
This is a difference of 0.40 percentage points.
👉 On a ILS 200 transfer, you could save up to ILS 0.80 by choosing Bank Deposit instead of Cash Pickup.
Different combinations of payment methods in Israel and delivery methods in Morocco can lead to very different total costs when sending or remitting money.
Here is a summary of the average cost of payment and delivery method combinations for Israel to MAD money transfers.
| Payment Method | Delivery Method | Average Cost (%) |
|---|---|---|
| Cash | Bank Deposit | 11.49 |
| Cash | Cash Pickup | 13.27 |
| Bank Account Transfer | Bank Deposit | 13.66 |
Sorted by Average Cost % (cheapest to most expensive).
The difference between these ILS to MAD payment and delivery options is significant.
- Lowest cost: Cash → Bank Deposit (11.49%)
- Highest cost: Bank Account Transfer → Bank Deposit (13.66%)
- Difference: 2.17 percentage points
👉 On a ILS 200 transfer, you could save up to ILS 27.31
👉 On a ILS 500 transfer, savings increase to ILS 68.28
Here is a quick summary of the average historical cost of various payment and delivery methods for ILS to Morocco money transfers.
💸 Cheapest Payment & Delivery Methods to send ILS to MAD transfers (data-backed)
- Cheapest payment method: Cash (12.97%) vs Bank Account Transfer (13.66%)
- Cheapest delivery method: Bank Deposit (12.87%) vs Cash Pickup (13.27%)
- Cheapest combination: Cash → Bank Deposit (11.49%) vs Bank Account Transfer → Bank Deposit (13.66%)
🛠️ How to use this insight: As you compare money transfer providers for your next Israel to Morocco international money transfer, strive to pair the lowest-cost payment method with the lowest-cost delivery method.
This can help you avoid the pitfall of "great exchange rate, expensive methods".
You can save money on your Israel to Morocco remittances by carefully choosing the cheapest payment and delivery methods.
🏦 Are banks more expensive than money transfer services for Israel to Morocco money transfers?
When we compared Israel banks with money transfer providers based on 5 years of remittance data, we noticed some patterns.
We observed that traditional banks charged 0.69 percentage points more on average than money transfer providers for Israel to Morocco remittances.
This means banks are roughly 1.05x more expensive for sending ILS to Morocco.
Here are the key stats behind this comparison:
| Banks | MTOs^ | Difference | |
|---|---|---|---|
| Average transfer fee | ILS 47.04 | ILS 40.91 | ILS 6.14 |
| Exchange rate markup | 0.56% | 3.41% | -2.85 pp* |
| Average total cost (%) | 13.66% | 12.97% | 0.69 pp* |
^MTO: Money transfer operator, a commonly used term for a money transfer provider
*Percentage points
🛠️ How to use this insight: Whilst banks in Israel may offer convenience and familiarity, money transfer providers often deliver lower overall cost due to their better exchange rates and lower fees. Even if you want use your bank in Israel, we recommend comparing with money transfer companies to find your best options.
📊 Does sending more money reduce the cost to remit money from Israel to Morocco?
To see if transfer cost varies based on the amount sent, we compared the average cost of sending ILS 200 vs ILS 500 from Israel to Morocco.
We found that sending a higher amount (ILS 500) is typically cheaper — average cost drops from 13.13% to 9.31%, a reduction of 3.81 percentage points.
The cost of your transfer usually continues to drop as transfer amount increases. That said, always check the latest exchange rates and fees for your intended transfer amount.
🛠️ How to use this insight: Since it is generally cheaper to send higher Israeli New Sheqel amounts to Morocco, consider consolidating smaller, more frequent transfers into fewer, larger ones. Doing so may reduce the total cost you pay.
🏛 How competitive is the market for sending money to Morocco from Israel?
Based on data from the last 5 years, Israeli New Sheqel to Moroccan Dirham money transfers are provided on an average by 3 remittance companies. With this number of providers, we consider the level of market competition to be limited.
Traditional banks account for only 33.3% of active providers (1 out of 3), whilst money transfer services make up the majority. This means you have more options beyond banks when you transfer ILS to Morocco.
Today, you can compare 8 providers on RemitFinder for Israeli New Sheqel to Moroccan Dirham transfers — more than the historical average. This gives you a wider choice of pricing options as well as payment and delivery methods.
A remittance market with more active providers is typically more competitive. This means you can get a better pricing and more payment and delivery options for your Israel to Morocco remittances.
This is why comparing providers is especially important when you transfer money from Israel to Morocco.
⏱️ How fast can you transfer Israeli New Sheqel to Moroccan Dirham?
If your recipient in Morocco needs funds urgently, transfer speed becomes just as important as cost when sending money.
Here is what we see for Israel to Morocco transfers:
- Average transfer time: About 31 hours (~1.3 days).
- Fastest transfer time: About less than 1 hour.
- Slowest transfer time: About 96 hours (~4.0 days).
- Average speed at ILS 200: About 31 hours (~1.3 days).
- Average speed at ILS 500: About 31 hours (~1.3 days).
Banks vs money transfer providers speed comparison: Banks take 84 hours longer on average than money transfer providers.
In many cases, the fastest providers are not always the cheapest, so balancing speed and cost is important when you transfer ILS to Morocco.
🛠️ How to use this insight: If you need to send money from Israel to Morocco in a hurry, compare providers not just on exchange rate, but also on expected speed. Speed also varies based on the delivery method (bank vs cash vs wallet) you choose for Morocco.
Transfer speed for Israel to Morocco money transfers can vary widely across providers. For time-sensitive transfers, compare speed alongside cost and choose faster payment and delivery methods.
Frequently Asked Questions: Sending money to Morocco from Israel
These FAQs use data from RemitFinder's historical analysis of Israel to Morocco money transfers over several years.
What factors affect the total cost of sending money from Israel to Morocco?
The total cost of your Israeli New Sheqel to Moroccan Dirham money transfer depends on how you fund the transaction (payment method), how the recipient receives it (delivery method), the exchange rate you get, and any transfer fee charged by the provider.
To avoid overpaying for your transfer, compare money transfer providers.
How much does the exchange rate affect transferring money to Morocco from Israel?
Historical Israeli New Sheqel to Moroccan Dirham exchange rate markup ranges from -1.01% to 11.72%, a spread of 12.73 percentage points. Even small differences in the exchange rate markup can impact your final payout significantly.
Can you get a better-than-market rate when you send Israeli New Sheqel to Morocco?
Sometimes, money transfer providers may offer promotional exchange rates that are better than the mid-market exchange rate, resulting in a negative ILS to MAD remittance rate markup.
Such offers are generally limited by transfer amount, eligibility, or duration. Compare providers to see if you can take advantage of any ongoing special offers.
Exchange Rate vs Transfer Fee: What matters more when you send money to Morocco from Israel?
Exchange rate markup ranges from -1.01% to 11.72% (a spread of 12.73 percentage points).
Transfer fees range from ILS 18.00 to ILS 100.00, which equals roughly 41.00% on a ILS 200.00 transfer.
At both ILS 200.00 and ILS 500.00, the transfer fee shows larger variation than the other component.
Regardless, our recommendation is that it is important to compare both exchange rates and fees when choosing a provider for Israel to Morocco money transfers.
As the transfer amount increases, the % impact of fees decreases (because the fee gets spread across a larger ILS 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 often becomes the bigger driver. Either way, comparing both helps you get the most MAD for your ILS.
How much can costs vary between providers when sending money from Israel to Morocco?
Historical transfer cost ranges from 9.01% to 23.13% for ILS transfers to Morocco. That is a spread of 14.12 percentage points, indicating significant differences between various money transfer providers.
A major contributor to this variation is exchange rate markup. FX markup alone ranges from -1.01% to 11.72% (a spread of 12.73 percentage points). Thus, even small differences in FX margin can have a big impact on the final MAD payout.
Why do Money Transfer Providers charge different rates for Israeli New Sheqel to Moroccan Dirham money transfers?
If you send the same Israeli New Sheqel amount to Morocco via different providers, the cost of each transfer will be different because of variations in FX markup, fees, and payment and delivery methods.
Even small differences among all the above factors can change the final MAD payout in Morocco in a big way.
How stable are the costs to remit money to Morocco from Israel?
When we analyzed the historical total cost for ILS to MAD transfers, we observed a range from 9.01% to 23.13% (14.12 percentage points difference), along with a variability (standard deviation) of 2.96%.
A major driver of cost in this market is exchange rate markup. FX markup ranges from -1.01% to 11.72% (12.73 percentage points difference), with a standard deviation of 2.73%. Fees and payment/delivery method choices can contribute to further volatility.
This is exactly why we recommend comparing money transfer providers to get the most of your Israeli New Sheqel to Moroccan Dirham transfers.
Which Payment Method is the cheapest to send money from Israel to Morocco?
Cash is the cheapest payment method in Israel based on its average cost at 12.97% (compared to Bank Account Transfer at 13.66%, a difference of 0.69 percentage points).
Based on this, we recommend paying for your ILS transfer with Cash, and avoiding Bank Account Transfer if possible.
Which Delivery Method is cheapest when you remit money to Morocco from Israel?
Bank Deposit is the cheapest delivery method in Morocco as it costs 12.87% (compared to Cash Pickup at 13.27%, a spread of 0.40 percentage points).
If your recipient in Morocco can accept Bank Deposit, we recommend choosing it as your preferred delivery option for Israeli New Sheqel to Moroccan Dirham transfers.
Is Bank Deposit cheaper than Cash Pickup when you send money to Morocco from Israel?
Bank Deposit is cheaper for Israeli New Sheqel transfers to Morocco given its 12.87% average cost (versus 13.27% for Cash Pickup, a difference of 0.40 percentage points).
To save more, consider choosing the cheapest delivery option for Morocco.
What is the cheapest way to send money from Israel to Morocco?
We evaluated 3 payment and delivery method combinations for Israel to Morocco remittances.
Based on historical data, Cash → Bank Deposit is the cheapest combination with 11.49% cost.
At the other end of the spectrum, Bank Account Transfer → Bank Deposit is the most expensive combination at 13.66% cost. That is a difference of 2.17 percentage points between the cheapest and most expensive combinations.
Money transfer providers price payment and delivery methods for Israel to Morocco remittances differently. As you compare options, look for the cheapest combination to maximize the value of your ILS to MAD transfers.
Does sending more money reduce the cost to transfer money to Morocco from Israel?
Larger Israeli New Sheqel to Moroccan Dirham transfers are cheaper on average.
The cost of a ILS 200 transfer averages 13.13% as compared to 9.31% for a ILS 500 transfer, a difference of 3.81 percentage points.
How long does it take to send ILS to MAD money transfers?
Based on our analysis, the average transfer time for Israeli New Sheqel to Moroccan Dirham transfers is 31 hours (~1.3 days), with the fastest transfers completing in less than one hour and the slowest in 96 hours (~4.0 days).
Can you instantly transfer money from Israel to Morocco?
Yes, historical data shows that some transfers to Morocco from Israel can complete in less than one hour.
Note that the actual speed of your ILS to MAD transfer will depend on the chosen provider, payment method, delivery method, and eligibility checks.
Are banks more expensive than money transfer companies for Israel to Morocco remittances?
Banks in Israel are more expensive than money transfer providers.
The average cost of banks is 13.66% compared to 12.97% for money transfer providers in Israel, a difference of 0.69 percentage points.
Why do banks charge more to remit money from Israel to Morocco?
Bank transfers in Israel cost 13.66% compared to 12.97% for money transfer companies.
The difference is often due to the fact that banks in Israel provide lower exchange rates and charge higher wire transfer fees.
How competitive is the market for sending money from Israel to Morocco?
Based on historical data, the competition level in Israel to Morocco is considered limited with 3 active providers.
Money transfer providers represent about 66.7% of identified providers in Israel.
Can you overpay if you do not compare providers before transferring money to Morocco from Israel?
Historically, total ILS to MAD transfer cost has varied by 14.12 percentage points. On a ILS 200 transfer, that can translate to ILS 28.24 in savings.
Israeli New Sheqel to Moroccan Dirham exchange rate markup also varies across providers. The average markup spread has been about 12.73 percentage points. On a ILS 200 transfer, that could be ILS 25.46 saved from FX alone.
Fees can also make a big difference in this market, with a difference of about ILS 82.00 across providers.
That is why comparing providers can materially change how much of the ILS you send your recipient receives in Morocco.
Latest Exchange Rates for Sending Money to Morocco from Israel
Here are some latest ILS to MAD (Israeli New Sheqel to Moroccan Dirham) exchange rates for popular conversion amounts*.
| 1 ILS | 3.10 MAD |
| 5 ILS | 15.49 MAD |
| 10 ILS | 30.98 MAD |
| 25 ILS | 77.45 MAD |
| 50 ILS | 154.89 MAD |
| 100 ILS | 309.78 MAD |
| 150 ILS | 464.67 MAD |
| 200 ILS | 619.56 MAD |
| 250 ILS | 774.45 MAD |
| 300 ILS | 929.34 MAD |
| 400 ILS | 1,239.12 MAD |
| 500 ILS | 1,548.90 MAD |
| 600 ILS | 1,858.68 MAD |
| 700 ILS | 2,168.46 MAD |
| 800 ILS | 2,478.24 MAD |
| 1000 ILS | 3,097.80 MAD |
| 1500 ILS | 4,646.70 MAD |
| 2000 ILS | 6,195.60 MAD |
| 2500 ILS | 7,744.50 MAD |
| 3000 ILS | 9,293.40 MAD |
| 4000 ILS | 12,391.20 MAD |
| 5000 ILS | 15,489.00 MAD |
| 10000 ILS | 30,978.00 MAD |
| 15000 ILS | 46,467.00 MAD |
| 20000 ILS | 61,956.00 MAD |
| 30000 ILS | 92,934.00 MAD |
| 40000 ILS | 123,912.00 MAD |
| 50000 ILS | 154,890.00 MAD |
| 100000 ILS | 309,780.00 MAD |
*Based on the Mid-market Exchange Rate
1 Based on 62 pricing observations across 3 firms over the last 5 years for a ILS 200 money transfer from Israel 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 Israel 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.