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Compare today's MAD to EGP (Moroccan Dirham to Egyptian Pound) exchange rates

Morocco
Egypt
MAD

Interbank Exchange Rate: 1 MAD = 5.1188 EGP
Updated about an hour ago

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All you need to know about Moroccan Dirham to Egyptian Pound money transfers

Easily compare money transfer providers in one place to send money from Morocco to Egypt. Send money overseas to your loved ones by comparing Moroccan Dirham (MAD) to Egyptian Pound (EGP) 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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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 EGP Conversion Rates

Here are some latest MAD to EGP (Moroccan Dirham to Egyptian Pound) exchange rates for popular conversion amounts*.

1 MAD5.12 EGP
5 MAD25.59 EGP
10 MAD51.19 EGP
25 MAD127.97 EGP
50 MAD255.94 EGP
100 MAD511.88 EGP
150 MAD767.82 EGP
200 MAD1,023.76 EGP
250 MAD1,279.70 EGP
300 MAD1,535.64 EGP
400 MAD2,047.52 EGP
500 MAD2,559.40 EGP
600 MAD3,071.28 EGP
700 MAD3,583.16 EGP
800 MAD4,095.04 EGP
1,000 MAD5,118.80 EGP
1,500 MAD7,678.20 EGP
2,000 MAD10,237.60 EGP
2,500 MAD12,797.00 EGP
3,000 MAD15,356.40 EGP
4,000 MAD20,475.20 EGP
5,000 MAD25,594.00 EGP
10,000 MAD51,188.00 EGP
15,000 MAD76,782.00 EGP
20,000 MAD102,376.00 EGP
30,000 MAD153,564.00 EGP
40,000 MAD204,752.00 EGP
50,000 MAD255,940.00 EGP
100,000 MAD511,880.00 EGP

*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 Egypt money transfers?

Sending money internationally to Egypt 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 EGP 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 Egypt. 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 Egyptian Pound.


How to get the best exchange rate for sending money from Morocco to Egypt?

When sending money overseas, there are a lot of options at your disposal these days. All of them come with various caveats that may include exchange rates, fees, transaction processing time, security and privacy, and so on. RemitFinder helps you to decide which foreign exchange operator to pick for your MAD to Egyptian Pound money transfer.

Our real time remittance comparison engine compares numerous banks, FX providers, remittance companies, multi currency bank accounts, etc. and presents you with the best options for sending money from Morocco to Egypt. We carefully select providers to give you the best choices for sending money internationally.

Additionally, you can sign up for the free rate alert to always stay updated with the best rates and promotions for MAD to EGP remittances. With our daily free rate alert, you will never have to manually search and compare providers again.


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

When you want to send money to Egypt from Morocco, you obviously want the cheapest possible option to maximize the money your recipient gets in Egyptian Pound. 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 EGP 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 Egypt. 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 Egypt 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 Egyptian Pound overseas.


Should I use my bank to transfer money from Morocco to Egypt?

Bank transfers have been a traditionally popular way to send money overseas from Morocco to Egypt. 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 EGP 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 Egypt 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 Egypt from Morocco fast?

If you need to convert MAD to EGP 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 Egypt 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 Egyptian Pound 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 Egypt.

With so many choices available, make sure to compare various forex operators that enable you to remit money from Morocco to Egypt. 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 from Morocco to Egypt?

Since the Moroccan Dirham to Egyptian Pound 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 Egypt. 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 EGP money transfers, we also source exclusive coupons and promotions from various remittance providers. This will increase the final amount your recipient in Egypt 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 Egypt transaction.


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

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 Egypt, 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 Egypt 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 Egypt where they can receive monies in Egyptian Pound.
  • 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.

Also, keep an eye on any discount or promotional coupon codes as they may help lower the cost of your remittance. The process is quite easy and you can see your MAD travel to another part of the globe.