Compare today's MAD to EUR (Moroccan Dirham to Euro) exchange rates
Interbank Exchange Rate: 1 MAD = 0.0931 EUR
Updated about an hour ago
Found 2 Remittance Service Providers
1000 MAD =
92.80 EUR
Transfer Limit (MAD): No Limits
Locked-In Rate1 MAD = 0.0928 EUR
1000 MAD =
90.30 EUR
Transfer Limit (MAD): 21.5216 - 53804
Locked-In Rate1 MAD = 0.0903 EUR
0 Remit Service Providers did not match the search criteria.
If you are making international business money transfers or payments, RemitFinder can assist by matching you with the best options to suit your unique business needs. Get in touch now to see how we can help protect your business revenue by getting you higher exchange rates and lower transfer fees on international business FX.
All you need to know about Moroccan Dirham to Euro money transfers
Easily compare money transfer providers in one place to send money from Morocco to Luxembourg. Send money overseas to your loved ones by comparing Moroccan Dirham (MAD) to Euro (EUR) 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.
RemitFinder compared 2 money transfer operators to get you the best FX rates to send money from Morocco to Luxembourg.
The best rate to send Euro from Moroccan Dirham to your loved ones in Luxembourg is currently offered by Currencyflow; their 1 MAD to EUR exchange rate today is 0.0928.
Skrill Money Transfer offers the next most competitive Moroccan Dirham to Euro exchange rate today (currently 1 MAD = 0.0903 EUR).
Were you looking to send money from Luxembourg to Morocco instead?
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.
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.
Latest MAD to EUR Conversion Rates
Here are some latest MAD to EUR (Moroccan Dirham to Euro) exchange rates for popular conversion amounts*.
| 1 MAD | 0.09 EUR |
| 5 MAD | 0.47 EUR |
| 10 MAD | 0.93 EUR |
| 25 MAD | 2.33 EUR |
| 50 MAD | 4.66 EUR |
| 100 MAD | 9.31 EUR |
| 150 MAD | 13.97 EUR |
| 200 MAD | 18.62 EUR |
| 250 MAD | 23.28 EUR |
| 300 MAD | 27.93 EUR |
| 400 MAD | 37.24 EUR |
| 500 MAD | 46.55 EUR |
| 600 MAD | 55.86 EUR |
| 700 MAD | 65.17 EUR |
| 800 MAD | 74.48 EUR |
| 1,000 MAD | 93.10 EUR |
| 1,500 MAD | 139.65 EUR |
| 2,000 MAD | 186.20 EUR |
| 2,500 MAD | 232.75 EUR |
| 3,000 MAD | 279.30 EUR |
| 4,000 MAD | 372.40 EUR |
| 5,000 MAD | 465.50 EUR |
| 10,000 MAD | 931.00 EUR |
| 15,000 MAD | 1,396.50 EUR |
| 20,000 MAD | 1,862.00 EUR |
| 30,000 MAD | 2,793.00 EUR |
| 40,000 MAD | 3,724.00 EUR |
| 50,000 MAD | 4,655.00 EUR |
| 100,000 MAD | 9,310.00 EUR |
*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 Luxembourg?
With the global remittance market booming, there are so many choices for Moroccan Dirham to EUR 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 Luxembourg 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 EUR 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 remit rate for transferring money from Morocco to Luxembourg?
Just like the cryptocurrency market, the foreign exchange market is constantly fluctuating. On top of that, there are so many new service providers on the global remittance landscape. This may make it hard for remitters to find the best ways to send money to Luxembourg from Morocco.At RemitFinder, we have tried to solve this exact problem - how to give you access to good choices for your MAD to Euro remittances. We do all the hard work to search and compare numerous multi currency banks, foreign exchange services, remittance service providers, etc., to ensure you can use the best possible vehicles to send money overseas.
You can also register for our daily rate alert to stay aware of the latest exchange rates for MAD to EUR remittances. Our rate alert is totally free, and is a great way to save your previous time and make the most of your hard earned money. We do the hard work so you do not have to manually search and compare money transfer companies.
What's the cheapest way to send money from Morocco to Luxembourg?
While there are numerous ways to send money overseas, many come with steep fees and hidden charges that will make a big dent in your hard earned money. For example, if you send money from Morocco to Luxembourg via a bank, you will typically get charged high wire transfer fees. Often, both the sender and the recipient have to pay high fees for bank wire transfers.A sure way to find the most cost effective way for Moroccan Dirham to Euro remittances is to compare various foreign exchange operators out there. But, doing this manually is hard and time consuming. You may miss out on great rates from other providers that you may not even be aware of. This is especially relevant given the explosion of Fintech startups operating in the international money transfer arena.
Use RemitFinder to compare numerous remittance service providers in a single screen to easily see which companies are good at what and meet your selection criteria for getting the best Morocco to Luxembourg exchange rate.
Another sure shot way to reduce your cost and maximize the return on your money is to take advantage of deals and discounts our partners provide to RemitFinder users like you. We are constantly adding new providers, so make sure to regularly check in to see which money transfer options are the cheapest for MAD to EUR remittances.
How to send money to Luxembourg from Morocco through a bank?
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 EUR 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 Luxembourg 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 Luxembourg 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 Luxembourg. But, you are likely to get much better rates and lower fees compared to your bank.
What is the fastest way to transfer money from Morocco to Luxembourg?
The speed of your Moroccan Dirham to Euro funds transfer will depend on various factors like which provider you use, how you pay for your transaction, how you choose for your recipient to get the funds, etc. You will, therefore, want to compare various options to see which one suits your needs best.We created a comprehensive guide on remittances to help you understand all the factors that come into play when you convert MAD to EUR. Establishing a solid understanding of all the criteria that affect your transaction speed will help you compare various money transfer companies to see which one can provide you with the fastest transaction.
One possible approach that will help you send money fast to Luxembourg from Morocco is to rely on cash as payment as well as delivery method. This would mean paying for your transfer with cash, most likely by walking into your provider's office or agent location. Similarly, your recipient could also pick up cash in Luxembourg if they have a pickup location nearby. Dealing with cash on both sides will eliminate bank transfers in the middle which generally take longer as money has to move between banks.
One drawback of cash transfers is the need to go to physical drop off and pickup locations, and the inherent risk involved in carrying cash, especially for larger amounts. Another one is that cash transfers generally involve lower exchange rates as compared to online transfers. If you do not want to handle cash for the aforementioned reasons, the next fastest transfers would be to payout EUR into a mobile wallet, or even do a mobile airtime popup. These methods would be faster than Morocco bank to Luxembourg bank transfer.
Which are the best money transfer companies to transfer money from Morocco to Luxembourg?
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 Luxembourg, 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 Euro 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 EUR money transfers to Luxembourg. 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 Luxembourg getting more money for every Moroccan Dirham you send.
Step by step guide to do a money transfer from Morocco to Luxembourg
There are many important aspects of Morocco to Luxembourg remittances that will impact the yield you get. The most important one is the selection of the best money transfer company. For this, you can rely on RemitFinder's expertise in searching and comparing many global companies to present you many options in one simple, easy to understand view.Once you have honed down on the company you want to go with, the below step by step tutorial will help you execute your transfer in an effective manner.
- Step 1 - Create your account with the chosen remittance company. Please be aware that you will likely be asked for identification documents and personal information. This is an important step for the company to ensure that you are a genuine person and ensure you comply with various legal regulations like anti money laundering.
- Step 2 - Provision the manner in which you will fund your remittance transaction. The forex company may accept payment in multiple ways - Morocco bank account, credit and debit cards, and sometimes even cash that you can pay with by walking into a branch or outlet.
- Step 3 - Similar to the previous step, also provision the manner in which the receiver will access the funds. The most common delivery methods include EUR bank deposit, cash pick up in a physical provider location or agent's office, mobile wallet credit and mobile airtime popup.
- Step 4 - Provision recipient details including name and address.
- Step 5 - Decide how much Moroccan Dirham amount you want to send from Morocco.
- Step 6 - Optionally, check if there are any deals or promotions going on. You can rely on RemitFinder to provide you this information. Discounts help you save even more, so be sure to use one if available.
- Step 7 - Validate all the information for accuracy and start your transaction.