Compare today's MAD to DJF (Moroccan Dirham to Djiboutian Franc) exchange rates
Interbank Exchange Rate: 1 MAD = 19.4239 DJF
Updated about an hour ago
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All you need to know about Moroccan Dirham to Djiboutian Franc money transfers
Easily compare money transfer providers in one place to send money from Morocco to Djibouti. Send money overseas to your loved ones by comparing Moroccan Dirham (MAD) to Djiboutian Franc (DJF) 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 DJF Conversion Rates
Here are some latest MAD to DJF (Moroccan Dirham to Djiboutian Franc) exchange rates for popular conversion amounts*.
| 1 MAD | 19.42 DJF |
| 5 MAD | 97.12 DJF |
| 10 MAD | 194.24 DJF |
| 25 MAD | 485.60 DJF |
| 50 MAD | 971.19 DJF |
| 100 MAD | 1,942.39 DJF |
| 150 MAD | 2,913.59 DJF |
| 200 MAD | 3,884.78 DJF |
| 250 MAD | 4,855.98 DJF |
| 300 MAD | 5,827.17 DJF |
| 400 MAD | 7,769.56 DJF |
| 500 MAD | 9,711.95 DJF |
| 600 MAD | 11,654.34 DJF |
| 700 MAD | 13,596.73 DJF |
| 800 MAD | 15,539.12 DJF |
| 1,000 MAD | 19,423.90 DJF |
| 1,500 MAD | 29,135.85 DJF |
| 2,000 MAD | 38,847.80 DJF |
| 2,500 MAD | 48,559.75 DJF |
| 3,000 MAD | 58,271.70 DJF |
| 4,000 MAD | 77,695.60 DJF |
| 5,000 MAD | 97,119.50 DJF |
| 10,000 MAD | 194,239.00 DJF |
| 15,000 MAD | 291,358.50 DJF |
| 20,000 MAD | 388,478.00 DJF |
| 30,000 MAD | 582,717.00 DJF |
| 40,000 MAD | 776,956.00 DJF |
| 50,000 MAD | 971,195.00 DJF |
| 100,000 MAD | 1,942,390.00 DJF |
*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 Djibouti?
With the global remittance market booming, there are so many choices for Moroccan Dirham to DJF 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 Djibouti 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 DJF 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 exchange rate for your money transfers from Morocco to Djibouti?
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 Djibouti.The RemitFinder comparison platform compares several forex service providers so you can get the maximum return on your Morocco to Djibouti 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 Djiboutian Franc 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 Djibouti from Morocco?
Finding the cheapest way to send money from Morocco to Djibouti 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 DJF 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 Djibouti 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 Djibouti through a bank?
We do not recommend using your local bank in Morocco for your next MAD to DJF overseas funds transfer. The reason for this is that banks are known to give you worse exchange rates and yet charge high foreign exchange fees. That is a double whammy that will make the transaction much more expensive for you.That said, there may be circumstances you may want to consider your bank for your international funds transfer. For example, if you need to move a very large sum of money from Morocco to Djibouti (for property purchase, or any such high value transaction), and do not want smaller transactions. In such cases, be sure to carefully inspect all details of the remittance transaction that your bank offers you. You can use the RemitFinder remittance search engine to compare your bank's quote with many other money transfer companies to try to negotiate a better deal with your bank.
Notwithstanding any unique circumstances as above, you will generally save more by relying on online foreign exchange companies for sending DJF to Djibouti. These companies will let you use your local bank account in Morocco to pay for your Djibouti money transfer, but will likely save you a lot of money by affording better rates and citing lower foreign exchange transaction fees.
What is the fastest way to do a money transfer to Djibouti from Morocco?
The first thing to do when you need to convert MAD to DJF 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 Djiboutian Franc. 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 Djibouti 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 Djibouti.
Which are the best money transfer companies to send money to Djibouti 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 Djibouti, 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 Djiboutian Franc 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 DJF money transfers to Djibouti. 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 Djibouti getting more money for every Moroccan Dirham you send.
Step by step guide to do a money transfer from Morocco to Djibouti
Sending money internationally is very common these days, especially given the large communities of expats living abroad. If you are one of them, and need to send money from Morocco to Djibouti, then please continue to read.One of the hardest things in the foreign currency transaction world is to find the best company to move your money abroad. There are so many choices to remit funds from Morocco to Djibouti that you may feel a bit lost. This is where RemitFinder comes in. You can relax as we do all the hard work to search and compare numerous money transfer companies for you.
Once you identify your provider of choice, follow the below step by step guide to send money.
- Provide your name, address, photo ID and other related information as part of the signup process. Forex companies are regulated to ensure that your money is safe, so providing this information ensures compliance laws are adhered to.
- Provide information about the receiver - name, address and a bank account in Djibouti where they can receive monies in Djiboutian Franc.
- Then, provide details of your Morocco bank account so you can transfer the funds to the provider to allow them to do the transaction on your behalf.
- Finally, select the amount you want to transfer, and click Send.
- The provider will start your transaction, and keep you updated on the progress of your transfer.