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

Compare today's MAD to CVE (Moroccan Dirham to Cape Verde Escudo) exchange rates

Morocco
Cape Verde
MAD

Interbank Exchange Rate: 1 MAD = 10.1981 CVE
Updated about an hour ago

Found 0 Remittance Service Providers

All you need to know about Moroccan Dirham to Cape Verde Escudo money transfers

Easily compare money transfer providers in one place to send money from Morocco to Cape Verde. Send money overseas to your loved ones by comparing Moroccan Dirham (MAD) to Cape Verde Escudo (CVE) 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.

Were you looking to send money from Cape Verde to Morocco instead?

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.

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.


Latest MAD to CVE Conversion Rates

Here are some latest MAD to CVE (Moroccan Dirham to Cape Verde Escudo) exchange rates for popular conversion amounts*.

1 MAD10.20 CVE
5 MAD50.99 CVE
10 MAD101.98 CVE
25 MAD254.95 CVE
50 MAD509.91 CVE
100 MAD1,019.81 CVE
150 MAD1,529.72 CVE
200 MAD2,039.62 CVE
250 MAD2,549.53 CVE
300 MAD3,059.43 CVE
400 MAD4,079.24 CVE
500 MAD5,099.05 CVE
600 MAD6,118.86 CVE
700 MAD7,138.67 CVE
800 MAD8,158.48 CVE
1,000 MAD10,198.10 CVE
1,500 MAD15,297.15 CVE
2,000 MAD20,396.20 CVE
2,500 MAD25,495.25 CVE
3,000 MAD30,594.30 CVE
4,000 MAD40,792.40 CVE
5,000 MAD50,990.50 CVE
10,000 MAD101,981.00 CVE
15,000 MAD152,971.50 CVE
20,000 MAD203,962.00 CVE
30,000 MAD305,943.00 CVE
40,000 MAD407,924.00 CVE
50,000 MAD509,905.00 CVE
100,000 MAD1,019,810.00 CVE

*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 Cape Verde?

There are many good choices when it comes to sending money from Morocco to Cape Verde. The RemitFinder remittance comparison engine compares many different remittance service providers to give you several options. You can easily compare these providers to get the best remit rates on your Moroccan Dirham to CVE money transfers.

We compare different remittance companies to bring you the best options to send money to Cape Verde from Morocco. All these companies are vetted by our team that has expertise in evaluating foreign exchange providers. Our trusted partners work hard to bring our customers the best rates so you benefit the most.

Additionally, we bring you access to exclusive deals and promotions from our partners. These offers will help you maximize the yield on your Moroccan Dirham to Cape Verde Escudo money transfers. You can take advantage of these deals and make the most of your hard earned money.


How to get the best rate to transfer money to Cape Verde 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 Cape Verde.

The RemitFinder comparison platform compares several forex service providers so you can get the maximum return on your Morocco to Cape Verde 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 Cape Verde Escudo 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 Cape Verde from Morocco?

When you want to send money to Cape Verde from Morocco, you obviously want the cheapest possible option to maximize the money your recipient gets in Cape Verde Escudo. Transaction speed, security and privacy concerns notwithstanding, your biggest lever to make the most of your hard earned money is relying on the cheapest ways to do your MAD to CVE money transfers.

Some of the traditional ways to send money may not be the cheapest options available. For example, a particular company may seem like a convenient way to do international funds transfers from Morocco to Cape Verde. But it is entirely possible that you may end up paying high fees as well as get sub optimal exchange rate on your foreign currency transaction.

That is why it is very useful to rely on the RemitFinder remittance comparison platform to see what are the cheapest money transfer options for getting the best Morocco to Cape Verde exchange rate. You also get access to many promotions and discounts from our partners; these offers help to reduce your cost and may be a major differentiator in helping you choose the most cost effective way to send Cape Verde Escudo overseas.


Should I use my bank to send money from Morocco to Cape Verde?

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 CVE 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 Cape Verde 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 Cape Verde 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 Cape Verde. But, you are likely to get much better rates and lower fees compared to your bank.


How to send money from Morocco to Cape Verde fast?

How fast your money arrives at its destination is one of the key factors to consider when sending funds internationally from Morocco to Cape Verde. 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 CVE 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 Cape Verde. 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 Cape Verde Escudo quickly to Cape Verde, 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 to Cape Verde from Morocco?

Comparing money transfer companies for sending money to Cape Verde from Morocco can be challenging, especially given the number of options out there. But, if you are armed with the right knowledge, it will help you make a more informed decision and, therefore, make the most of your hard earned money.

There are various areas you would want to inspect when evaluating these providers to gauge the best fit for sending money overseas to Cape Verde. How much do you want to send? Some companies deal with only small amounts, while others specialize in larger ones. Are you OK paying a fee for your Moroccan Dirham to Cape Verde Escudo transfer or you will only go with 0 fees? How about exchange rates? Can you send money using non-fixed or indicative rates?

Once you start applying these conditions to the list of choices you see, you can start to eliminate companies that do not match any of your preferences. This will help fine tune the list to a small number. Finally, keep an eye on promotions and discounts as they will help maximize the Cape Verde Escudo yield on every Moroccan Dirham that you send.


Step by step guide to send money to Cape Verde from Morocco

The first step to send money to Cape Verde from Morocco is to identify a money transfer provider that best suits your needs. You can rely on RemitFinder's online comparison tool to do so.

Once you have a provider chosen, follow these steps to execute your MAD to CVE overseas funds transfer.

  • Click through to the provider's site and register an account.
  • Provide documentation for ID proof, and related information that the provider may need as part of compliance and regulatory checks they need to do.
  • Add recipient information including their bank account in Cape Verde if paying via ACH direct deposit or bank transfer.
  • Enter your sending amount, and initiate a transaction.
  • Pay for your transaction via your Morocco bank account or alternative methods like a debit card.
  • Sit back and relax, and see your money travel to Cape Verde!

After the transaction has been kicked off, the provider would notify you of progress. Many remittance companies also have mobile apps; you can use that to track the real time status of your transfer from Morocco to Cape Verde.