Compare today's MAD to EUR (Moroccan Dirham to Euro) exchange rates
Interbank Exchange Rate: 1 MAD = 0.0925 EUR
Updated about an hour ago
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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 Slovakia. 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.
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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 | 0.46 EUR |
| 10 MAD | 0.93 EUR |
| 25 MAD | 2.31 EUR |
| 50 MAD | 4.63 EUR |
| 100 MAD | 9.25 EUR |
| 150 MAD | 13.88 EUR |
| 200 MAD | 18.50 EUR |
| 250 MAD | 23.13 EUR |
| 300 MAD | 27.75 EUR |
| 400 MAD | 37.00 EUR |
| 500 MAD | 46.25 EUR |
| 600 MAD | 55.50 EUR |
| 700 MAD | 64.75 EUR |
| 800 MAD | 74.00 EUR |
| 1,000 MAD | 92.50 EUR |
| 1,500 MAD | 138.75 EUR |
| 2,000 MAD | 185.00 EUR |
| 2,500 MAD | 231.25 EUR |
| 3,000 MAD | 277.50 EUR |
| 4,000 MAD | 370.00 EUR |
| 5,000 MAD | 462.50 EUR |
| 10,000 MAD | 925.00 EUR |
| 15,000 MAD | 1,387.50 EUR |
| 20,000 MAD | 1,850.00 EUR |
| 30,000 MAD | 2,775.00 EUR |
| 40,000 MAD | 3,700.00 EUR |
| 50,000 MAD | 4,625.00 EUR |
| 100,000 MAD | 9,250.00 EUR |
*Based on the Interbank Exchange Rate. Actual payout may vary based on the chosen money transfer provider.
What's the best way to transfer money from Morocco to Slovakia?
It can be very confusing when sending money from Morocco to Slovakia given so many choices. Additionally, Moroccan Dirham to EUR exchange rates fluctuate all the time. Remitfinder gives you the option to compare money transfers companies to choose the best exchange rate among this volatility while making the best deals and promotions available to you.Choose Morocco to Slovakia as your country combination and click search. We then compare many money transfer companies to bring you the best exchange rates to send money to Slovakia from Morocco. In one single place, you can easily compare many providers to see which one is the best option for your next transfer.
To further help you maximize the return on your money, our partners add various promotions and discounts on our site. You can take advantage of various deals we have for Moroccan Dirham to Euro remittances.
How to get the best rate to transfer money to Slovakia from Morocco?
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 Slovakia 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 Euro 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 Euro 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 Slovakia from Morocco?
Finding the cheapest way to send money from Morocco to Slovakia 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 EUR 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 Slovakia 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 send money from Morocco to Slovakia?
Bank transfers have been a traditionally popular way to send money overseas from Morocco to Slovakia. 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 EUR 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 Slovakia 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 from Morocco to Slovakia fast?
It could be a stressful experience if you need to rush money quickly from Morocco to Slovakia. 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 EUR. 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 Euro. 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 Slovakia money transfers.
Which are the best money transfer companies to transfer money from Morocco to Slovakia?
The first step in selecting the best money transfer operators for Morocco to Slovakia 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 Euro 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 Slovakia.
Step by step guide to do a money transfer from Morocco to Slovakia
Follow the below easy steps to send money to Slovakia from Morocco.- If you are sending money for the first time with a provider, register an account with them. You will likely get a validation email, and optionally a validation text on your mobile as well. This ensures that it is indeed you who is creating your account.
- You will also need to provide your national ID with a photo, and proof of address. Providing this information ensures the security of your account and helps in fraud prevention.
- Add your payment method - this is how you pay for your transfer. Generally, you would want to use your Morocco bank account to fund your transaction.
- Add your recipient - provide details about who will receive the funds (can also be your own account in Slovakia).
- Specify delivery method - specify how the recipient will get the proceeds. Choosing a bank account is usually the best, if one is available.
- Add the transfer amount and start the transaction.
Whilst it's fairly straightforward to make an actual foreign exchange transaction online, the harder part may be choosing the right company for your overseas bank transfer. This is where you can rely on RemitFinder's expertise in the money transfer space to help you select the best remittance provider.