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Compare today's MAD to RWF (Moroccan Dirham to Rwandan Franc) exchange rates

Morocco
Rwanda
MAD

Interbank Exchange Rate: 1 MAD = 159.2043 RWF
Updated about an hour ago

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All you need to know about Moroccan Dirham to Rwandan Franc money transfers

Easily compare money transfer providers in one place to send money from Morocco to Rwanda. Send money overseas to your loved ones by comparing Moroccan Dirham (MAD) to Rwandan Franc (RWF) 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.

Were you looking to send money from Rwanda to Morocco instead?

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 RWF Conversion Rates

Here are some latest MAD to RWF (Moroccan Dirham to Rwandan Franc) exchange rates for popular conversion amounts*.

1 MAD159.20 RWF
5 MAD796.02 RWF
10 MAD1,592.04 RWF
25 MAD3,980.11 RWF
50 MAD7,960.21 RWF
100 MAD15,920.43 RWF
150 MAD23,880.64 RWF
200 MAD31,840.86 RWF
250 MAD39,801.08 RWF
300 MAD47,761.29 RWF
400 MAD63,681.72 RWF
500 MAD79,602.15 RWF
600 MAD95,522.58 RWF
700 MAD111,443.01 RWF
800 MAD127,363.44 RWF
1,000 MAD159,204.30 RWF
1,500 MAD238,806.45 RWF
2,000 MAD318,408.60 RWF
2,500 MAD398,010.75 RWF
3,000 MAD477,612.90 RWF
4,000 MAD636,817.20 RWF
5,000 MAD796,021.50 RWF
10,000 MAD1,592,043.00 RWF
15,000 MAD2,388,064.50 RWF
20,000 MAD3,184,086.00 RWF
30,000 MAD4,776,129.00 RWF
40,000 MAD6,368,172.00 RWF
50,000 MAD7,960,215.00 RWF
100,000 MAD15,920,430.00 RWF

*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 Rwanda?

Sending money internationally to Rwanda 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 RWF 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 Rwanda. 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 Rwandan Franc.


How to get the best rate to transfer money to Rwanda from Morocco?

One of the key factors in getting the best rate for your next money transfer is awareness of what your choices are. With so many remittance service providers out there, you would want to choose the one that suits your needs best for sending money to Rwanda.

The RemitFinder comparison platform compares several forex service providers so you can get the maximum return on your Morocco to Rwanda transfer. Simply search for your countries and inspect various options in one place. This will allow you to decide which company is the most appropriate one for you.

You may also want to sign up for our free exchange rate alert for your MAD to Rwandan Franc money transfers. This way, you can get notified of the best rates on a daily basis, and send money when rates are higher.


What's the cheapest way to transfer money from Morocco to Rwanda?

Finding the cheapest way to send money from Morocco to Rwanda 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 RWF 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 Rwanda 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 Rwanda?

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

How fast your money arrives at its destination is one of the key factors to consider when sending funds internationally from Morocco to Rwanda. This is especially relevant if you are up against time and need to send money urgently. Every once in a while, we all get into that situation, so it's good to be aware of what to do.

To help you convert MAD to RWF fast, we recommend reading up on our "all you need to know about remittances" guide. This is a comprehensive document that will help you understand so many factors that affect the speed of your money transfers, and therefore, pick the providers that can execute your transaction fastest.

If speed were the only factor to consider, and sometimes it is for emergency needs, cash transfers may be your best bet as there are no bank to bank transactions involved which will certainly introduce a lag in your Moroccan Dirham amount reaching Rwanda. On the flip side, carrying cash is risky. Additionally, cash transactions go with a lower exchange rate; this helps providers cover the expenses needed to maintain physical office locations needed to process cash.

Hopefully, you do not find yourself in a crisis where you have to rush Rwandan Franc quickly to Rwanda, but in case you do, now you know how to evaluate various funds transfer operators to choose the fastest one.


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

The first step in selecting the best money transfer operators for Morocco to Rwanda remittances is to have a list of potential companies that you could use. You can rely on RemitFinder for giving you several good options to start with. Simply give us your sending and receiving countries, and we will present numerous providers for you to easily compare.

The next part in deciding which provider to go with would depend on what you are looking for. There are many parameters on which these companies can be compared against each other, and it all depends on your preferences. For example, are you looking for low or 0 fees, the highest rate, quick transfer speed, etc.

Another factor that may help you decide which provider to go with would be any coupons and deals available for Moroccan Dirham to Rwandan Franc money transfers. Availing promotions is a sure shot way to help reduce your cost, and should be part of the criteria to decide which are your top candidates for sending money to Rwanda.


Step by step guide to send money to Rwanda from Morocco

With so many possible ways to transfer Moroccan Dirham to Rwandan Franc, and exchange rates that are changing by the second, it can be difficult to make the best choice to save time and money. RemitFinder's online remittance comparison platform helps you find the best companies to move your funds abroad.

Once you have picked the right company for your Morocco to Rwanda remittance transaction, you can follow the below step by step procedure.

  • Create an account at your chosen operator.
  • You may be asked for photo IDs and address proofs; please provide these as they help the operator ensure legal and regulatory compliance.
  • Add bank accounts for both the sender in Morocco and the receiver in Rwanda. Using bank deposits can be the cheapest option to send money.
  • Decide when you want to send money and the transfer amount. When ready, choose the amount and start your transaction.
  • At this point, you are pretty much done, and the operator will take it on from here.
  • Watch out for updates from the operator on the progress of your transaction.

We also recommend that you have more than one remittance company in your portfolio so you can maximize the return on your MAD to Rwandan Franc money transfers. This way, you can pick whoever is the best at the time you are ready to initiate your transaction.