Send money overseas with WorldRemit to take advantage of bank-beating exchange rates

Compare today's MAD to EUR (Moroccan Dirham to Euro) exchange rates

Morocco
Austria
MAD
Interbank Exchange Rate: 1 MAD = 0.0934 EUR
Updated about an hour ago

Found 2 Remittance Service Providers

( )( )( )( )( )
1000 MAD =
93.20 EUR
Transfer Limit (MAD): No Limits
Locked-In Rate1 MAD = 0.0932 EUR
(*)(*)(*)(*)(*)
1000 MAD =
90.60 EUR
Transfer Limit (MAD): 21.4006 - 53501.5
Locked-In Rate1 MAD = 0.0906 EUR

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.





All you need to know about Moroccan Dirham to Euro money transfers

Easily compare money transfer providers in one place to send money from Morocco to Austria. Send money overseas to your loved ones by comparing Moroccan Dirham (MAD) to Euro (EUR) 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.

When making a money transfer to Austria from Morocco, we currently have 2 remittance service providers available.

Currencyflow currently offers the most competitive rate for sending money to Austria and their 1 MAD to EUR exchange rate today is 0.0932.

The next best Moroccan Dirham to Euro exchange rate today for money transfers to Austria is offered by Skrill Money Transfer (1 MAD = 0.0906 EUR).

Were you looking to send money from Austria to Morocco instead?

Did not find the providers you were looking for? Please reach out to us at info@remitfinder.com, and we will do our best to add them to our platform.

If you need to send international business money transfers and payments, get in touch with us to see how we can help protect your revenue.


Latest MAD to EUR Conversion Rates

Here are some latest MAD to EUR (Moroccan Dirham to Euro) exchange rates for popular conversion amounts*.

1 MAD0.09 EUR
5 MAD0.47 EUR
10 MAD0.93 EUR
25 MAD2.34 EUR
50 MAD4.67 EUR
100 MAD9.34 EUR
150 MAD14.01 EUR
200 MAD18.68 EUR
250 MAD23.35 EUR
300 MAD28.02 EUR
400 MAD37.36 EUR
500 MAD46.70 EUR
600 MAD56.04 EUR
700 MAD65.38 EUR
800 MAD74.72 EUR
1,000 MAD93.40 EUR
1,500 MAD140.10 EUR
2,000 MAD186.80 EUR
2,500 MAD233.50 EUR
3,000 MAD280.20 EUR
4,000 MAD373.60 EUR
5,000 MAD467.00 EUR
10,000 MAD934.00 EUR
15,000 MAD1,401.00 EUR
20,000 MAD1,868.00 EUR
30,000 MAD2,802.00 EUR
40,000 MAD3,736.00 EUR
50,000 MAD4,670.00 EUR
100,000 MAD9,340.00 EUR

*Based on the Interbank Exchange Rate. Actual payout may vary based on the chosen money transfer provider.


What's the best way to transfer money from Morocco to Austria?

Sending money internationally to Austria from Morocco can be a challenging task given so many companies willing to move your money overseas. You can rely on RemitFinder to choose the best provider who can offer the most value while ensuring safety and security at the same time.

Our money transfer comparison engine does a real time comparison of exchange rates from various foreign exchange providers to bring you the best choices for your Moroccan Dirham to EUR remittances.

Every company listed on our platform has been fully vetted by our team to ensure you get access to safe, secure and reliable providers to help you send money to Austria. Our partners also provide exclusive offers and discounts to our customers so they can save even more on their next money transfer. You can take advantage of these promotions so your loved ones back home get the maximum amount in Euro.


How to get the best exchange rate for sending money from Morocco to Austria?

With ever changing remittance exchange rates, and umpteen new companies and startups to send money abroad coming up, it may seem hard at first to decide when to send money and which company to choose from for your Morocco to Austria transfers.

RemitFinder provides a single place to compare many options so you can quickly and easily decide who to go with. Compare various banks, foreign exchange specialists, Fintech startups, remittance service providers, multi currency bank accounts and others in a single view to maximize the return on your MAD to Euro international money transfers.

To help save your precious time and hard earned money, we also created the RemitFinder exchange rate alert. This is a totally free notification that will keep you updated daily on the latest Moroccan Dirham to Euro exchange rates and ongoing deals and promotions. You can sign up for our rate alert and start saving now.


What's the cheapest way to send money to Austria from Morocco?

Finding the cheapest way to send money from Morocco to Austria 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 EUR 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 Austria 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 from Morocco to Austria through a bank?

Bank transfers have been a traditionally popular way to send money overseas from Morocco to Austria. But, with the explosion of so many Fintech startups specializing in remittances, it is worth asking yourself if you should still be using your bank for sending funds internationally.

In general, banks tend to charge much higher fees compared to newer remittance companies that specialize in online operations. It is also possible that the MAD to EUR exchange rate you get from your bank may not be the best. In fact, high fees and below par exchange rates are two of the most popular ways banks make money on remittances.

We, therefore, recommend that before you use your Morocco bank for your Austria money transfers, you explore various other options to carefully review your total cost (represented by transaction fees) as well as the exchange rate you will get. Combined, these two factors will have a direct impact on how much money your recipient gets from your transaction.


What is the fastest way to do a money transfer to Austria from Morocco?

If you need to convert MAD to EUR as fast as possible, there are definite steps you can take that will help you do so. You could pay for your transfer with cash, as well as have your recipient do a cash pickup for payout - both of these methods will speed up your money transfer.

That said, handling cash could be a safety issue given that both the sender and receiver have to physically carry cash (most agent locations are located in physical stores, malls, and retail outlets which may or may not be in a physically safer area). Additionally, due to the extra costs involved to set up and maintain physical locations, cash transactions tend to get a worse foresign exchange rate (contrasted with online/digital transfers). So, another option to move money quickly from Morocco to Austria could be sending it to a mobile wallet. This would entail some slowness compared to cash transfers, but would be more safe.

Apart from the above, there are many other factors that can have an impact on your Moroccan Dirham to Euro funds transfer speed. To arm you with all the knowledge you need to distinguish faster from slower remittance providers, we crafted a complete guide to remittances; this article touches upon everything you need to know to make the fastest money transfers to Austria.

With so many choices available, make sure to compare various forex operators that enable you to remit money from Morocco to Austria. Once you understand their services and the factors that affect how fast your money can be transferred overseas, you will be able to minimize the time your money is in transit.


Which are the best money transfer companies to send money to Austria from Morocco?

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 Austria, 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 Euro 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 EUR money transfers to Austria. 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 Austria getting more money for every Moroccan Dirham you send.


Step by step guide to transfer money to Austria from Morocco

There are many important aspects of Morocco to Austria remittances that will impact the yield you get. The most important one is the selection of the best money transfer company. For this, you can rely on RemitFinder's expertise in searching and comparing many global companies to present you many options in one simple, easy to understand view.

Once you have honed down on the company you want to go with, the below step by step tutorial will help you execute your transfer in an effective manner.

  • Step 1 - Create your account with the chosen remittance company. Please be aware that you will likely be asked for identification documents and personal information. This is an important step for the company to ensure that you are a genuine person and ensure you comply with various legal regulations like anti money laundering.
  • Step 2 - Provision the manner in which you will fund your remittance transaction. The forex company may accept payment in multiple ways - Morocco bank account, credit and debit cards, and sometimes even cash that you can pay with by walking into a branch or outlet.
  • Step 3 - Similar to the previous step, also provision the manner in which the receiver will access the funds. The most common delivery methods include EUR bank deposit, cash pick up in a physical provider location or agent's office, mobile wallet credit and mobile airtime popup.
  • Step 4 - Provision recipient details including name and address.
  • Step 5 - Decide how much Moroccan Dirham amount you want to send from Morocco.
  • Step 6 - Optionally, check if there are any deals or promotions going on. You can rely on RemitFinder to provide you this information. Discounts help you save even more, so be sure to use one if available.
  • Step 7 - Validate all the information for accuracy and start your transaction.

From this point on, the remittance company will keep you posted on the progress of your transaction. Be sure to check with your recipient in Austria to validate that they get the money once the transaction clears.