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Compare today's MAD to YER (Moroccan Dirham to Yemeni Rial) exchange rates

Morocco
Yemen
MAD

Interbank Exchange Rate: 1 MAD = 26.0159 YER
Updated about an hour ago

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All you need to know about Moroccan Dirham to Yemeni Rial money transfers

Easily compare money transfer providers in one place to send money from Morocco to Yemen. Send money overseas to your loved ones by comparing Moroccan Dirham (MAD) to Yemeni Rial (YER) 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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Latest MAD to YER Conversion Rates

Here are some latest MAD to YER (Moroccan Dirham to Yemeni Rial) exchange rates for popular conversion amounts*.

1 MAD26.02 YER
5 MAD130.08 YER
10 MAD260.16 YER
25 MAD650.40 YER
50 MAD1,300.79 YER
100 MAD2,601.59 YER
150 MAD3,902.38 YER
200 MAD5,203.18 YER
250 MAD6,503.97 YER
300 MAD7,804.77 YER
400 MAD10,406.36 YER
500 MAD13,007.95 YER
600 MAD15,609.54 YER
700 MAD18,211.13 YER
800 MAD20,812.72 YER
1,000 MAD26,015.90 YER
1,500 MAD39,023.85 YER
2,000 MAD52,031.80 YER
2,500 MAD65,039.75 YER
3,000 MAD78,047.70 YER
4,000 MAD104,063.60 YER
5,000 MAD130,079.50 YER
10,000 MAD260,159.00 YER
15,000 MAD390,238.50 YER
20,000 MAD520,318.00 YER
30,000 MAD780,477.00 YER
40,000 MAD1,040,636.00 YER
50,000 MAD1,300,795.00 YER
100,000 MAD2,601,590.00 YER

*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 Yemen?

Sending money internationally to Yemen 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 YER 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 Yemen. 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 Yemeni Rial.


How to get the best exchange rate for sending money from Morocco to Yemen?

Just like the cryptocurrency market, the foreign exchange market is constantly fluctuating. On top of that, there are so many new service providers on the global remittance landscape. This may make it hard for remitters to find the best ways to send money to Yemen from Morocco.

At RemitFinder, we have tried to solve this exact problem - how to give you access to good choices for your MAD to Yemeni Rial remittances. We do all the hard work to search and compare numerous multi currency banks, foreign exchange services, remittance service providers, etc., to ensure you can use the best possible vehicles to send money overseas.

You can also register for our daily rate alert to stay aware of the latest exchange rates for MAD to YER remittances. Our rate alert is totally free, and is a great way to save your previous time and make the most of your hard earned money. We do the hard work so you do not have to manually search and compare money transfer companies.


What's the cheapest way to send money from Morocco to Yemen?

When you want to send money to Yemen from Morocco, you obviously want the cheapest possible option to maximize the money your recipient gets in Yemeni Rial. Transaction speed, security and privacy concerns notwithstanding, your biggest lever to make the most of your hard earned money is relying on the cheapest ways to do your MAD to YER money transfers.

Some of the traditional ways to send money may not be the cheapest options available. For example, a particular company may seem like a convenient way to do international funds transfers from Morocco to Yemen. But it is entirely possible that you may end up paying high fees as well as get sub optimal exchange rate on your foreign currency transaction.

That is why it is very useful to rely on the RemitFinder remittance comparison platform to see what are the cheapest money transfer options for getting the best Morocco to Yemen exchange rate. You also get access to many promotions and discounts from our partners; these offers help to reduce your cost and may be a major differentiator in helping you choose the most cost effective way to send Yemeni Rial overseas.


How to send money to Yemen from Morocco through a bank?

We do not recommend using your local bank in Morocco for your next MAD to YER overseas funds transfer. The reason for this is that banks are known to give you worse exchange rates and yet charge high foreign exchange fees. That is a double whammy that will make the transaction much more expensive for you.

That said, there may be circumstances you may want to consider your bank for your international funds transfer. For example, if you need to move a very large sum of money from Morocco to Yemen (for property purchase, or any such high value transaction), and do not want smaller transactions. In such cases, be sure to carefully inspect all details of the remittance transaction that your bank offers you. You can use the RemitFinder remittance search engine to compare your bank's quote with many other money transfer companies to try to negotiate a better deal with your bank.

Notwithstanding any unique circumstances as above, you will generally save more by relying on online foreign exchange companies for sending YER to Yemen. These companies will let you use your local bank account in Morocco to pay for your Yemen money transfer, but will likely save you a lot of money by affording better rates and citing lower foreign exchange transaction fees.


What is the fastest way to transfer money from Morocco to Yemen?

It could be a stressful experience if you need to rush money quickly from Morocco to Yemen. 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 YER. 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 Yemeni Rial. 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 Yemen money transfers.


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

The first step in selecting the best money transfer operators for Morocco to Yemen 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 Yemeni Rial 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 Yemen.


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

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