Compare today's MAD to NGN (Moroccan Dirham to Nigerian Naira) exchange rates
📈 Morocco to Nigeria Money Transfer Snapshot Today
- Number of money transfer providers compared: 0
- Mid-market
ⓘThe mid-market exchange rate (also called the interbank rate) is the real MAD to NGN exchange rate before providers add their margin or fees. exchange rate: 1 MAD = NGN 144.7679 (Updated about an hour ago)
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💡What today's MAD-NGN exchange rates mean for you
Compare today's MAD-NGN exchange rates and send money from Morocco to Nigeria after comparing numerous money transfer providers. Check the latest exchange rates, read detailed provider reviews, and discover deals and promo codes — all in one place.
MAD-NGN exchange rates fluctuate throughout the day, and top positions can change quickly. This volatility can significantly impact the final NGN payout that your recipient gets in Nigeria.
That's why we recommend comparing money transfer providers to ensure you can maximize the value of your Morocco to Nigeria remittances.
🔄 Looking for the reverse corridor? Send money from Nigeria to Morocco instead.
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.
Latest MAD to NGN Conversion Rates
Here are some latest MAD to NGN (Moroccan Dirham to Nigerian Naira) exchange rates for popular conversion amounts*.
| 1 MAD | 144.77 NGN |
| 5 MAD | 723.84 NGN |
| 10 MAD | 1,447.68 NGN |
| 25 MAD | 3,619.20 NGN |
| 50 MAD | 7,238.39 NGN |
| 100 MAD | 14,476.79 NGN |
| 150 MAD | 21,715.19 NGN |
| 200 MAD | 28,953.58 NGN |
| 250 MAD | 36,191.98 NGN |
| 300 MAD | 43,430.37 NGN |
| 400 MAD | 57,907.16 NGN |
| 500 MAD | 72,383.95 NGN |
| 600 MAD | 86,860.74 NGN |
| 700 MAD | 101,337.53 NGN |
| 800 MAD | 115,814.32 NGN |
| 1000 MAD | 144,767.90 NGN |
| 1500 MAD | 217,151.85 NGN |
| 2000 MAD | 289,535.80 NGN |
| 2500 MAD | 361,919.75 NGN |
| 3000 MAD | 434,303.70 NGN |
| 4000 MAD | 579,071.60 NGN |
| 5000 MAD | 723,839.50 NGN |
| 10000 MAD | 1,447,679.00 NGN |
| 15000 MAD | 2,171,518.50 NGN |
| 20000 MAD | 2,895,358.00 NGN |
| 30000 MAD | 4,343,037.00 NGN |
| 40000 MAD | 5,790,716.00 NGN |
| 50000 MAD | 7,238,395.00 NGN |
| 100000 MAD | 14,476,790.00 NGN |
*Based on the Mid-market Exchange Rate
What's the best way to do Morocco to Nigeria money transfers?
There are many good choices when it comes to sending money from Morocco to Nigeria. The RemitFinder remittance comparison engine compares many different remittance service providers to give you several options. You can easily compare these providers to get the best remit rates on your Moroccan Dirham to NGN money transfers.We compare different remittance companies to bring you the best options to send money to Nigeria from Morocco. All these companies are vetted by our team that has expertise in evaluating foreign exchange providers. Our trusted partners work hard to bring our customers the best rates so you benefit the most.
Additionally, we bring you access to exclusive deals and promotions from our partners. These offers will help you maximize the yield on your Moroccan Dirham to Nigerian Naira money transfers. You can take advantage of these deals and make the most of your hard earned money.
How to get the best rate to transfer money to Nigeria from Morocco?
Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to Nigeria from Morocco. Another added complexity is the multitude of choices at your disposal - ranging from your bank, to established operators like WesterUnion and Moneygram, to so many remittance startups and companies, to multi currency bank accounts. It would be ideal if there was an automated way to stay updated with the ever changing remittance landscape.One way you could eliminate the manual work to search and compare providers for your MAD to Nigerian Naira money transfers is by signing up for the RemitFinder daily rate alert. It is completely free; we do the hard work of comparing various remittance companies, and send you all the info you need.
We are also constantly adding new partners for the Morocco to Nigeria corridor to give you more good choices for your next NGN money transfer. This way you do not miss out on additional options to potentially save more.
What's the cheapest way for transferring money to Nigeria from Morocco?
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 Nigeria 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 Nigerian Naira 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 Nigeria 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 NGN remittances.
Should I use my bank to send money from Morocco to Nigeria?
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 NGN 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 Nigeria 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 Nigeria 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 Nigeria. But, you are likely to get much better rates and lower fees compared to your bank.
How to send money from Morocco to Nigeria fast?
The first thing to do when you need to convert MAD to NGN 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 Nigerian Naira. 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 Nigeria 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 Nigeria.
Which are the best money transfer companies to send money to Nigeria 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 Nigeria, 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 Nigerian Naira 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 NGN money transfers to Nigeria. 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 Nigeria getting more money for every Moroccan Dirham you send.
Step by step guide to send money to Nigeria from Morocco
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 Nigeria, 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 Nigeria 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 Nigeria where they can receive monies in Nigerian Naira.
- 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.