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

Compare today's MAD to CAD (Moroccan Dirham to Canadian Dollar) exchange rates

Morocco
Canada
MAD
Interbank Exchange Rate: 1 MAD = 0.1498 CAD
Updated about an hour ago

Found 2 Remittance Service Providers

( )( )( )( )( )
1000 MAD =
149.50 CAD
Transfer Limit (MAD): No Limits
Locked-In Rate1 MAD = 0.1495 CAD
(*)(*)(*)(*)(*)
1000 MAD =
144.70 CAD
Transfer Limit (MAD): 21.5128 - 53782
Locked-In Rate1 MAD = 0.1447 CAD

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 Canadian Dollar money transfers

Easily compare money transfer providers in one place to send money from Morocco to Canada. Send money overseas to your loved ones by comparing Moroccan Dirham (MAD) to Canadian Dollar (CAD) 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.

RemitFinder compared 2 money transfer operators to get you the best FX rates to send money from Morocco to Canada.

The best rate to send Canadian Dollar from Moroccan Dirham to your loved ones in Canada is currently offered by Currencyflow; their 1 MAD to CAD exchange rate today is 0.1495.

Skrill Money Transfer offers the next most competitive Moroccan Dirham to Canadian Dollar exchange rate today (currently 1 MAD = 0.1447 CAD).

Were you looking to send money from Canada 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 CAD Conversion Rates

Here are some latest MAD to CAD (Moroccan Dirham to Canadian Dollar) exchange rates for popular conversion amounts*.

1 MAD0.15 CAD
5 MAD0.75 CAD
10 MAD1.50 CAD
25 MAD3.74 CAD
50 MAD7.49 CAD
100 MAD14.98 CAD
150 MAD22.47 CAD
200 MAD29.96 CAD
250 MAD37.45 CAD
300 MAD44.94 CAD
400 MAD59.92 CAD
500 MAD74.90 CAD
600 MAD89.88 CAD
700 MAD104.86 CAD
800 MAD119.84 CAD
1,000 MAD149.80 CAD
1,500 MAD224.70 CAD
2,000 MAD299.60 CAD
2,500 MAD374.50 CAD
3,000 MAD449.40 CAD
4,000 MAD599.20 CAD
5,000 MAD749.00 CAD
10,000 MAD1,498.00 CAD
15,000 MAD2,247.00 CAD
20,000 MAD2,996.00 CAD
30,000 MAD4,494.00 CAD
40,000 MAD5,992.00 CAD
50,000 MAD7,490.00 CAD
100,000 MAD14,980.00 CAD

*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 Canada money transfers?

Foreign exchange rates fluctuate by the second, much like equities listed on the stock market. Given that, it might seem like a daunting task to determine the best timing to transfer money from Morocco to Canada. We ensure that you are getting the best rate and sending money at the right time with trusted money transfer companies when you transfer Moroccan Dirham to CAD.

You can rely on RemitFinder to do the hard work of searching for the best companies specializing in sending money abroad for you. Our remittance comparison platform helps you spot the best options to send MAD to CAD in Canada. Every company listed on our site is an established business that our team evaluates to make sure you get access to the best exchange rates.

With RemitFinder, you can also take advantage of numerous offers and discounts that our partners provide to maximize the power of your money transfers to Canada from Morocco. We provide you with maximum choices to send money to Canada by comparing competing money transfer companies thereby making you the winner in the end.


How to get the best rate to transfer money to Canada 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 Canada.

The RemitFinder comparison platform compares several forex service providers so you can get the maximum return on your Morocco to Canada 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 Canadian Dollar 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 Canada from Morocco?

Finding the cheapest way to send money from Morocco to Canada 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 CAD 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 Canada 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.


Should I use my bank to send money from Morocco to Canada?

There are two distinct ways that banks make money on international funds transfers. First, by charging steep transaction fees, and second, by providing a low MAD to CAD exchange rate. Sometimes, the actual transaction fee may not be that high, but the rate may be much lower, which essentially means a hidden fee as the cost of the transfer for you still goes up.

Since your obvious goal is to make the most of your hard earned money, you would want to ensure that the receiver of your money gets the maximum amount. One simple way to achieve this is by minimizing the fees on Morocco to Canada money you send. And, generally, you will not get low fees with banks. Hence, we recommend relying on our real time online money transfer comparison tool to ensure you can compare many options.

Most of the remittance companies today offer bank to bank transfers for sending money to Canada from Morocco. They do this by letting you fund your transaction through your local bank account in Morocco, and by allowing you to choose the payout to be your recipient's bank account in Canada. But, you are likely to get much better rates and lower fees compared to your bank.


How to send money from Morocco to Canada fast?

How fast your money arrives at its destination is one of the key factors to consider when sending funds internationally from Morocco to Canada. This is especially relevant if you are up against time and need to send money urgently. Every once in a while, we all get into that situation, so it's good to be aware of what to do.

To help you convert MAD to CAD fast, we recommend reading up on our "all you need to know about remittances" guide. This is a comprehensive document that will help you understand so many factors that affect the speed of your money transfers, and therefore, pick the providers that can execute your transaction fastest.

If speed were the only factor to consider, and sometimes it is for emergency needs, cash transfers may be your best bet as there are no bank to bank transactions involved which will certainly introduce a lag in your Moroccan Dirham amount reaching Canada. On the flip side, carrying cash is risky. Additionally, cash transactions go with a lower exchange rate; this helps providers cover the expenses needed to maintain physical office locations needed to process cash.

Hopefully, you do not find yourself in a crisis where you have to rush Canadian Dollar quickly to Canada, but in case you do, now you know how to evaluate various funds transfer operators to choose the fastest one.


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

Since the Moroccan Dirham to Canadian Dollar money transfer ecosystem has so many players in it, selecting the right company might not be that simple. You have so many to choose from - established organizations like Western Union and MoneyGram to multi currency bank accounts to up and coming Fintech companies. Then, there is always your local bank in Morocco that may also be able to send money to Canada. With all these possibilities staring at you, it can be difficult to pick the company to give your business to.

The RemitFinder remittance engine will certainly help you to chart a path forward. Once you have selected your source and destination countries, we compare numerous companies to present you with an easy to digest comparison table. Here, you can easily see which companies meet your unique needs.

To further decrease the cost of your MAD to CAD money transfers, we also source exclusive coupons and promotions from various remittance providers. This will increase the final amount your recipient in Canada gets, so make sure to factor in deals as a part of your decision making process to select the best provider for your next Morocco to Canada transaction.


Step by step guide to do a money transfer from Morocco to Canada

Follow the below easy steps to send money to Canada 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 Canada).
  • 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.

The provider will then work on your MAD to CAD remittance, and you should not have any additional action to take. Keep an eye on your email inbox as you should get notified about the progress of your 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.