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Compare today's MAD to MZN (Moroccan Dirham to Mozambique Metical) exchange rates

Morocco
Mozambique
MAD

Interbank Exchange Rate: 1 MAD = 6.9508 MZN
Updated about an hour ago

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All you need to know about Moroccan Dirham to Mozambique Metical money transfers

Easily compare money transfer providers in one place to send money from Morocco to Mozambique. Send money overseas to your loved ones by comparing Moroccan Dirham (MAD) to Mozambique Metical (MZN) 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 MZN Conversion Rates

Here are some latest MAD to MZN (Moroccan Dirham to Mozambique Metical) exchange rates for popular conversion amounts*.

1 MAD6.95 MZN
5 MAD34.75 MZN
10 MAD69.51 MZN
25 MAD173.77 MZN
50 MAD347.54 MZN
100 MAD695.08 MZN
150 MAD1,042.62 MZN
200 MAD1,390.16 MZN
250 MAD1,737.70 MZN
300 MAD2,085.24 MZN
400 MAD2,780.32 MZN
500 MAD3,475.40 MZN
600 MAD4,170.48 MZN
700 MAD4,865.56 MZN
800 MAD5,560.64 MZN
1,000 MAD6,950.80 MZN
1,500 MAD10,426.20 MZN
2,000 MAD13,901.60 MZN
2,500 MAD17,377.00 MZN
3,000 MAD20,852.40 MZN
4,000 MAD27,803.20 MZN
5,000 MAD34,754.00 MZN
10,000 MAD69,508.00 MZN
15,000 MAD104,262.00 MZN
20,000 MAD139,016.00 MZN
30,000 MAD208,524.00 MZN
40,000 MAD278,032.00 MZN
50,000 MAD347,540.00 MZN
100,000 MAD695,080.00 MZN

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


What's the best way to transfer money from Morocco to Mozambique?

Sending money internationally to Mozambique 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 MZN 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 Mozambique. 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 Mozambique Metical.


How to get the best remit rate for transferring money from Morocco to Mozambique?

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 Mozambique 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 Mozambique Metical 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 Mozambique Metical exchange rates and ongoing deals and promotions. You can sign up for our rate alert and start saving now.


What's the cheapest way for transferring money to Mozambique from Morocco?

The final amount your recipient gets when you send MAD to MZN 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 Mozambique 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 Mozambique Metical 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 Mozambique 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 from Morocco to Mozambique through a bank?

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

It could be a stressful experience if you need to rush money quickly from Morocco to Mozambique. 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 MZN. 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 Mozambique Metical. 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 Mozambique money transfers.


Which are the best money transfer companies to transfer money to Mozambique from Morocco?

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


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

The first step to send money to Mozambique from Morocco is to identify a money transfer provider that best suits your needs. You can rely on RemitFinder's online comparison tool to do so.

Once you have a provider chosen, follow these steps to execute your MAD to MZN overseas funds transfer.

  • Click through to the provider's site and register an account.
  • Provide documentation for ID proof, and related information that the provider may need as part of compliance and regulatory checks they need to do.
  • Add recipient information including their bank account in Mozambique if paying via ACH direct deposit or bank transfer.
  • Enter your sending amount, and initiate a transaction.
  • Pay for your transaction via your Morocco bank account or alternative methods like a debit card.
  • Sit back and relax, and see your money travel to Mozambique!

After the transaction has been kicked off, the provider would notify you of progress. Many remittance companies also have mobile apps; you can use that to track the real time status of your transfer from Morocco to Mozambique.