Compare today's MAD to USD (Moroccan Dirham to US Dollar) exchange rates
Interbank Exchange Rate: 1 MAD = 0.1091 USD
Updated about an hour ago
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All you need to know about Moroccan Dirham to US Dollar money transfers
Easily compare money transfer providers in one place to send money from Morocco to Ecuador. Send money overseas to your loved ones by comparing Moroccan Dirham (MAD) to US Dollar (USD) 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 USD Conversion Rates
Here are some latest MAD to USD (Moroccan Dirham to US Dollar) exchange rates for popular conversion amounts*.
| 1 MAD | 0.11 USD |
| 5 MAD | 0.55 USD |
| 10 MAD | 1.09 USD |
| 25 MAD | 2.73 USD |
| 50 MAD | 5.46 USD |
| 100 MAD | 10.91 USD |
| 150 MAD | 16.37 USD |
| 200 MAD | 21.82 USD |
| 250 MAD | 27.28 USD |
| 300 MAD | 32.73 USD |
| 400 MAD | 43.64 USD |
| 500 MAD | 54.55 USD |
| 600 MAD | 65.46 USD |
| 700 MAD | 76.37 USD |
| 800 MAD | 87.28 USD |
| 1,000 MAD | 109.10 USD |
| 1,500 MAD | 163.65 USD |
| 2,000 MAD | 218.20 USD |
| 2,500 MAD | 272.75 USD |
| 3,000 MAD | 327.30 USD |
| 4,000 MAD | 436.40 USD |
| 5,000 MAD | 545.50 USD |
| 10,000 MAD | 1,091.00 USD |
| 15,000 MAD | 1,636.50 USD |
| 20,000 MAD | 2,182.00 USD |
| 30,000 MAD | 3,273.00 USD |
| 40,000 MAD | 4,364.00 USD |
| 50,000 MAD | 5,455.00 USD |
| 100,000 MAD | 10,910.00 USD |
*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 Ecuador money transfers?
Sending money internationally to Ecuador 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 USD 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 Ecuador. 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 United States Dollar.
How to get the best remit rate for transferring money from Morocco to Ecuador?
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 Ecuador 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 United States Dollar 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 United States Dollar 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 Ecuador from Morocco?
Finding the cheapest way to send money from Morocco to Ecuador 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 USD 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 Ecuador 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 transfer money from Morocco to Ecuador?
Bank transfers have been a traditionally popular way to send money overseas from Morocco to Ecuador. 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 USD 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 Ecuador 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.
How to send money to Ecuador from Morocco fast?
If you need to convert MAD to USD 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 Ecuador 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 United States Dollar 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 Ecuador.
With so many choices available, make sure to compare various forex operators that enable you to remit money from Morocco to Ecuador. 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 transfer money to Ecuador 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 Ecuador, 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 United States Dollar 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 USD money transfers to Ecuador. 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 Ecuador getting more money for every Moroccan Dirham you send.
Step by step guide to send money to Ecuador from Morocco
Follow the below easy steps to send money to Ecuador 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 Ecuador).
- 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.
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.