Compare today's MAD to AMD (Moroccan Dirham to Armenian Dram) exchange rates
Interbank Exchange Rate: 1 MAD = 41.1734 AMD
Updated about an hour ago
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All you need to know about Moroccan Dirham to Armenian Dram money transfers
Easily compare money transfer providers in one place to send money from Morocco to Armenia. Send money overseas to your loved ones by comparing Moroccan Dirham (MAD) to Armenian Dram (AMD) remittance exchange rates. Read remittance service provider reviews and check out deals, promotions and discounts. Transfer online or send cash based on services offered by these providers.
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 Morocco.
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Latest MAD to AMD Conversion Rates
Here are some latest MAD to AMD (Moroccan Dirham to Armenian Dram) exchange rates for popular conversion amounts*.
| 1 MAD | 41.17 AMD |
| 5 MAD | 205.87 AMD |
| 10 MAD | 411.73 AMD |
| 25 MAD | 1,029.34 AMD |
| 50 MAD | 2,058.67 AMD |
| 100 MAD | 4,117.34 AMD |
| 150 MAD | 6,176.01 AMD |
| 200 MAD | 8,234.68 AMD |
| 250 MAD | 10,293.35 AMD |
| 300 MAD | 12,352.02 AMD |
| 400 MAD | 16,469.36 AMD |
| 500 MAD | 20,586.70 AMD |
| 600 MAD | 24,704.04 AMD |
| 700 MAD | 28,821.38 AMD |
| 800 MAD | 32,938.72 AMD |
| 1,000 MAD | 41,173.40 AMD |
| 1,500 MAD | 61,760.10 AMD |
| 2,000 MAD | 82,346.80 AMD |
| 2,500 MAD | 102,933.50 AMD |
| 3,000 MAD | 123,520.20 AMD |
| 4,000 MAD | 164,693.60 AMD |
| 5,000 MAD | 205,867.00 AMD |
| 10,000 MAD | 411,734.00 AMD |
| 15,000 MAD | 617,601.00 AMD |
| 20,000 MAD | 823,468.00 AMD |
| 30,000 MAD | 1,235,202.00 AMD |
| 40,000 MAD | 1,646,936.00 AMD |
| 50,000 MAD | 2,058,670.00 AMD |
| 100,000 MAD | 4,117,340.00 AMD |
*Based on the Interbank Exchange Rate. Actual payout may vary based on the chosen money transfer provider.
What's the best way to do Morocco to Armenia money transfers?
With the global remittance market booming, there are so many choices for Moroccan Dirham to AMD money transfers. To make it even more complicated, new Fintech companies keep entering the space, making it harder for remitters to decide which company to choose to send money overseas.Our money transfer comparison engine does all the hard work for you by searching and comparing numerous companies that specialize in foreign exchange transactions, and picking the best ones for sending money to Armenia from Morocco. This way, you do not have to manually search and compare these companies which is very time consuming. All remittance companies on our platform are established, secure providers that our expert team has selected.
We also provide you with attractive deals and promotions from our partners; these offers help you further maximize the final AMD amount that your recipient gets. We, along with our partners, work hard to provide you with the best discounts and offers that you can use when you send money internationally.
How to get the best rate to transfer money to Armenia from Morocco?
One of the key factors in getting the best rate for your next money transfer is awareness of what your choices are. With so many remittance service providers out there, you would want to choose the one that suits your needs best for sending money to Armenia.The RemitFinder comparison platform compares several forex service providers so you can get the maximum return on your Morocco to Armenia transfer. Simply search for your countries and inspect various options in one place. This will allow you to decide which company is the most appropriate one for you.
You may also want to sign up for our free exchange rate alert for your MAD to Armenian Dram money transfers. This way, you can get notified of the best rates on a daily basis, and send money when rates are higher.
What's the cheapest way for transferring money to Armenia from Morocco?
Finding the cheapest way to send money from Morocco to Armenia might not be that easy given the umpteen choices available. You have to look at various parameters like exchange rates and fees to determine if the cost of one money transfer operator is less than that of another or not.It may also be tempting to use some of the traditional funds transfer services like foreign currency exchanges or operators located in shopping malls, grocery stores and other local outlets. While you can certainly transfer MAD to AMD via these channels, they may not be the most economical way to send money internationally. Typically, brick and mortar services charge higher fees and may also provide lower rates. All this contributes to making your foreign exchange transfer more expensive.
Online money transfers tend to be more cost effective, and RemitFinder provides you quite a number of good choices to ensure you are able to get optimum Morocco to Armenia exchange rate. Many of our partners also provide promotions and offers that are exclusive to our customers; availing these will definitely reduce the cost of your foreign exchange transaction further.
How to send money to Armenia from Morocco through a bank?
One of the first thoughts that may come to your mind when sending money overseas could be to rely on your bank to execute your Morocco to Armenia money transfer transaction. While there is convenience involved in using your bank (after all, you have an account with your bank already, and could even initiate the transfer from the comfort of your home using mobile banking), it is advisable to compare some other options as well.With the increased penetration of the internet into our lives, a lot of financial transactions have also moved online. For example, we pay our bills, buy all types of commodities, book our vacation, and enjoy all types of entertainment over the internet. It is, therefore, no surprise that the global remittance ecosystem also has a significant digital footprint. Especially for a popular market like MAD to AMD transfers.
Given this, there are umpteen additional options to send money to Armenia instead of just your Morocco bank. It is very likely that many money transfer companies are offering better exchange rates compared to your bank, as well as potentially lower fees. If that is the case, you could maximize the value of your Moroccan Dirham even more so that your recipient in Armenia gets the maximum amount.
What is the fastest way to transfer money from Morocco to Armenia?
The first thing to do when you need to convert MAD to AMD quickly is to compare various banks, foreign exchange companies and remittance service providers to see which ones can meet your transaction timing requirements. Once you identify the right provider, it's easy to do the actual transaction.The harder part might be how to identify which providers can execute fast funds transfers between Moroccan Dirham and Armenian Dram. While every company may have variations in how fast they will finish your money transfer, there are some general guidelines that may help you identify the fastest provider. For example, how you fund your transfer will have a direct impact on transaction speed. Similarly, if your recipient has to pick up cash from a far away location, or there are bank holidays going on, it may take longer for your funds to arrive.
To help demystify the unknowns in the end to end Morocco to Armenia remittance process, you can study this detailed guide to money transfers. Awareness of all the intricacies of overseas funds transfers will help you make the right decisions to realize the fastest possible choices to send money to Armenia.
Which are the best money transfer companies to transfer money from Morocco to Armenia?
The definition of "best" is very personal for everyone. It may even vary from one transaction to the next depending on various factors involved. When it comes to sending money from Morocco to Armenia, we can help you in choosing the best provider.There are several key points you would want to check for; these include, but are not limited to, the best Moroccan Dirham to Armenian Dram exchange rate, transfer amount limits, transaction fees, transfer speed, variety of payment and delivery methods available, fixed vs indicative rate, and availability of any deals and promotions.
After you see the initial list of remittance companies we present you with, use the above criteria to fine tune your choices. That way, you can see which providers are a better fit for the requirements of your AMD money transfers to Armenia. Keep an open mind as it is very much possible that different providers suit different transfer scenarios better than others.
Finally, you should definitely take into account any ongoing promotions from these providers. Offers and discounts will lower your cost to make the money transfer and result in your recipient in Armenia getting more money for every Moroccan Dirham you send.
Step by step guide to do a money transfer from Morocco to Armenia
Follow the below easy steps to send money to Armenia from Morocco.- If you are sending money for the first time with a provider, register an account with them. You will likely get a validation email, and optionally a validation text on your mobile as well. This ensures that it is indeed you who is creating your account.
- You will also need to provide your national ID with a photo, and proof of address. Providing this information ensures the security of your account and helps in fraud prevention.
- Add your payment method - this is how you pay for your transfer. Generally, you would want to use your Morocco bank account to fund your transaction.
- Add your recipient - provide details about who will receive the funds (can also be your own account in Armenia).
- Specify delivery method - specify how the recipient will get the proceeds. Choosing a bank account is usually the best, if one is available.
- Add the transfer amount and start the transaction.
Whilst it's fairly straightforward to make an actual foreign exchange transaction online, the harder part may be choosing the right company for your overseas bank transfer. This is where you can rely on RemitFinder's expertise in the money transfer space to help you select the best remittance provider.