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

Compare today's MAD to AUD (Moroccan Dirham to Australian Dollar) exchange rates

Morocco
Christmas Island
MAD

Interbank Exchange Rate: 1 MAD = 0.1567 AUD
Updated about an hour ago

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All you need to know about Moroccan Dirham to Australian Dollar money transfers

Easily compare money transfer providers in one place to send money from Morocco to Christmas Island. Send money overseas to your loved ones by comparing Moroccan Dirham (MAD) to Australian Dollar (AUD) 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 AUD Conversion Rates

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

1 MAD0.16 AUD
5 MAD0.78 AUD
10 MAD1.57 AUD
25 MAD3.92 AUD
50 MAD7.84 AUD
100 MAD15.67 AUD
150 MAD23.51 AUD
200 MAD31.34 AUD
250 MAD39.18 AUD
300 MAD47.01 AUD
400 MAD62.68 AUD
500 MAD78.35 AUD
600 MAD94.02 AUD
700 MAD109.69 AUD
800 MAD125.36 AUD
1,000 MAD156.70 AUD
1,500 MAD235.05 AUD
2,000 MAD313.40 AUD
2,500 MAD391.75 AUD
3,000 MAD470.10 AUD
4,000 MAD626.80 AUD
5,000 MAD783.50 AUD
10,000 MAD1,567.00 AUD
15,000 MAD2,350.50 AUD
20,000 MAD3,134.00 AUD
30,000 MAD4,701.00 AUD
40,000 MAD6,268.00 AUD
50,000 MAD7,835.00 AUD
100,000 MAD15,670.00 AUD

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


What's the best way to send money from Morocco to Christmas Island?

Sending money internationally to Christmas Island 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 AUD 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 Christmas Island. 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 Australian Dollar.


How to get the best rate to transfer money to Christmas Island from Morocco?

Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to Christmas Island from Morocco. Another added complexity is the multitude of choices at your disposal - ranging from your bank, to established operators like WesterUnion and Moneygram, to so many remittance startups and companies, to multi currency bank accounts. It would be ideal if there was an automated way to stay updated with the ever changing remittance landscape.

One way you could eliminate the manual work to search and compare providers for your MAD to Australian Dollar money transfers is by signing up for the RemitFinder daily rate alert. It is completely free; we do the hard work of comparing various remittance companies, and send you all the info you need.

We are also constantly adding new partners for the Morocco to Christmas Island corridor to give you more good choices for your next AUD money transfer. This way you do not miss out on additional options to potentially save more.


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

The final amount your recipient gets when you send MAD to AUD is the most important number that matters. In other words, you should try to minimize the impact of fees and other hidden charges (bad exchange rate is one of them) to achieve the most cost effective cross border remittance.

Before the dawn of the modern internet era, traditional methods to send money from Morocco to Christmas Island used to be banks, and small, local remittance players located in retail outlets and convenience stores. Unfortunately, all these options entail high fees and often provide low exchange rates - this results in an expensive money transfer whereby a big chunk of your hard earned money does not reach your recipient.

A great way to find the cheapest options to send Australian Dollar is by comparing numerous foreign exchange operators and service providers on RemitFinder. By eliminating the process of manually searching and comparing various companies, you can easily compare all your options in one place, thereby saving time and money. This way, you can get the best Moroccan Dirham to Christmas Island exchange rate. Further savings can be realized by utilizing many exclusive offers and promotions from our partners. These deals can help lower the cost of a money transfer even more, thereby giving you a higher return.


How to send money to Christmas Island 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 Christmas Island 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 AUD transfers.

Given this, there are umpteen additional options to send money to Christmas Island 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 Christmas Island gets the maximum amount.


What is the fastest way to transfer money from Morocco to Christmas Island?

It could be a stressful experience if you need to rush money quickly from Morocco to Christmas Island. How do you decide which option to pick to ensure your funds arrive at the destination in the fastest possible way?

First, you should ensure that you are picking the right payment method to convert MAD to AUD. Most remittance companies will allow you to pay by cash, with credit or debit cards, via a direct bank transfer, through a wire transfer, and so on. Digital payment methods like wire transfers and bank transfers will certainly delay your transaction as compared to cash payments.

Similarly, on the receiving side, your recipient also has multiple options to collect their monies in Australian Dollar. The payout choices generally include cash pickup, direct bank transfer, loading up a mobile wallet, and mobile airtime top up. If transaction speed is important, you could choose cash pickup if the receiver can access a close by pickup location. Just be aware that the exchange rate on cash transactions may not be the best, and there is risk in handling cash, especially for larger amounts. Otherwise, a mobile airtime top up or a bank deposit may be the next fastest possible ways unless there are bank holidays going on.

Foreign exchange transaction speed also depends on some additional factors like transfer amount, compliance and regulatory processes and vary from provider to provider. Check out our remittance guide to answer any questions you may have on how remittances work in general, and what factors affect the speed of your Morocco to Christmas Island money transfers.


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

Comparing money transfer companies for sending money to Christmas Island 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 Christmas Island. 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 Australian Dollar 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 Australian Dollar yield on every Moroccan Dirham that you send.


Step by step guide to send money to Christmas Island from Morocco

Follow the below easy steps to send money to Christmas Island 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 Christmas Island).
  • 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 AUD 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.