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Compare today's MAD to ZAR (Moroccan Dirham to South African Rand) exchange rates

Morocco
South Africa
MAD

Interbank Exchange Rate: 1 MAD = 1.7444 ZAR
Updated about an hour ago

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All you need to know about Moroccan Dirham to South African Rand money transfers

Easily compare money transfer providers in one place to send money from Morocco to South Africa. Send money overseas to your loved ones by comparing Moroccan Dirham (MAD) to South African Rand (ZAR) 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 ZAR Conversion Rates

Here are some latest MAD to ZAR (Moroccan Dirham to South African Rand) exchange rates for popular conversion amounts*.

1 MAD1.74 ZAR
5 MAD8.72 ZAR
10 MAD17.44 ZAR
25 MAD43.61 ZAR
50 MAD87.22 ZAR
100 MAD174.44 ZAR
150 MAD261.66 ZAR
200 MAD348.88 ZAR
250 MAD436.10 ZAR
300 MAD523.32 ZAR
400 MAD697.76 ZAR
500 MAD872.20 ZAR
600 MAD1,046.64 ZAR
700 MAD1,221.08 ZAR
800 MAD1,395.52 ZAR
1,000 MAD1,744.40 ZAR
1,500 MAD2,616.60 ZAR
2,000 MAD3,488.80 ZAR
2,500 MAD4,361.00 ZAR
3,000 MAD5,233.20 ZAR
4,000 MAD6,977.60 ZAR
5,000 MAD8,722.00 ZAR
10,000 MAD17,444.00 ZAR
15,000 MAD26,166.00 ZAR
20,000 MAD34,888.00 ZAR
30,000 MAD52,332.00 ZAR
40,000 MAD69,776.00 ZAR
50,000 MAD87,220.00 ZAR
100,000 MAD174,440.00 ZAR

*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 to South Africa from Morocco?

Foreign exchange rates fluctuate by the second, much like equities listed on the stock market. Given that, it might seem like a daunting task to determine the best timing to transfer money from Morocco to South Africa. We ensure that you are getting the best rate and sending money at the right time with trusted money transfer companies when you transfer Moroccan Dirham to ZAR.

You can rely on RemitFinder to do the hard work of searching for the best companies specializing in sending money abroad for you. Our remittance comparison platform helps you spot the best options to send MAD to ZAR in South Africa. Every company listed on our site is an established business that our team evaluates to make sure you get access to the best exchange rates.

With RemitFinder, you can also take advantage of numerous offers and discounts that our partners provide to maximize the power of your money transfers to South Africa from Morocco. We provide you with maximum choices to send money to South Africa by comparing competing money transfer companies thereby making you the winner in the end.


How to get the best exchange rate for your money transfers from Morocco to South Africa?

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 South Africa.

The RemitFinder comparison platform compares several forex service providers so you can get the maximum return on your Morocco to South Africa 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 South African Rand 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 South Africa?

Finding the cheapest way to send money from Morocco to South Africa 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 ZAR 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 South Africa 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.


How to send money from Morocco to South Africa through a bank?

One of the first thoughts that may come to your mind when sending money overseas could be to rely on your bank to execute your Morocco to South Africa money transfer transaction. While there is convenience involved in using your bank (after all, you have an account with your bank already, and could even initiate the transfer from the comfort of your home using mobile banking), it is advisable to compare some other options as well.

With the increased penetration of the internet into our lives, a lot of financial transactions have also moved online. For example, we pay our bills, buy all types of commodities, book our vacation, and enjoy all types of entertainment over the internet. It is, therefore, no surprise that the global remittance ecosystem also has a significant digital footprint. Especially for a popular market like MAD to ZAR transfers.

Given this, there are umpteen additional options to send money to South Africa instead of just your Morocco bank. It is very likely that many money transfer companies are offering better exchange rates compared to your bank, as well as potentially lower fees. If that is the case, you could maximize the value of your Moroccan Dirham even more so that your recipient in South Africa gets the maximum amount.


What is the fastest way to transfer money from Morocco to South Africa?

The first thing to do when you need to convert MAD to ZAR 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 South African Rand. 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 South Africa 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 South Africa.


Which are the best money transfer companies to send money to South Africa from Morocco?

Comparing money transfer companies for sending money to South Africa from Morocco can be challenging, especially given the number of options out there. But, if you are armed with the right knowledge, it will help you make a more informed decision and, therefore, make the most of your hard earned money.

There are various areas you would want to inspect when evaluating these providers to gauge the best fit for sending money overseas to South Africa. How much do you want to send? Some companies deal with only small amounts, while others specialize in larger ones. Are you OK paying a fee for your Moroccan Dirham to South African Rand transfer or you will only go with 0 fees? How about exchange rates? Can you send money using non-fixed or indicative rates?

Once you start applying these conditions to the list of choices you see, you can start to eliminate companies that do not match any of your preferences. This will help fine tune the list to a small number. Finally, keep an eye on promotions and discounts as they will help maximize the South African Rand yield on every Moroccan Dirham that you send.


Step by step guide to transfer money to South Africa from Morocco

With so many possible ways to transfer Moroccan Dirham to South African Rand, 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 South Africa 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 South Africa. 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 South African Rand money transfers. This way, you can pick whoever is the best at the time you are ready to initiate your transaction.