Compare today's SAR to MAD (Saudi Riyal to Moroccan Dirham) exchange rates
📈 Saudi Arabia to Morocco Money Transfer Snapshot Today
- Best SAR to MAD exchange rate today: MAD 2.4834, offered by Regency FX
- Number of money transfer providers compared: 4
- Exchange rate range: MAD 2.4648 to MAD 2.4834
- Potential savings on SAR 1000: MAD 18.60
- Number of deals and promo codes: 0
- Mid-market
ⓘThe mid-market exchange rate (also called the interbank rate) is the real SAR to MAD exchange rate before providers add their margin or fees. exchange rate: 1 SAR = MAD 2.4856 (Updated about an hour ago)
See detailed Saudi Arabia to Morocco money transfer comparison below.
Money Transfer Providers that matched the search criteria
1000 SAR =
2 483.40 MAD
Transfer Limit (SAR): No Limits
Indicative Rate1 SAR = 2.4834 MAD
1000 SAR =
2 480.20 MAD
Transfer Limit (SAR): No Limits
Locked-In Rate1 SAR = 2.4802 MAD
1000 SAR =
2 464.80 MAD
Transfer Limit (SAR): No Limits
Indicative Rate1 SAR = 2.4648 MAD
📢 B2B transfers only
Money Transfer Providers that did not match the search criteria
1000 SAR =
2 483.40 MAD
Transfer Limit (SAR): 25160 - No Limit
Indicative Rate1 SAR = 2.4834 MAD
If you are making international business money transfers or payments, RemitFinder can assist by matching you with the best options to suit your unique business needs. Get in touch now to see how we can help protect your business revenue by getting you higher exchange rates and lower transfer fees on international business FX.
💡What today's SAR-MAD exchange rates mean for you
Compare today's SAR-MAD exchange rates and send money from Saudi Arabia to Morocco 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.
RemitFinder compared 4 providers that you can rely on for Saudi Arabia to Morocco money transfers today. Here is a summary of how the competition looks like right now:
Today's Most Competitive Saudi Arabia to Morocco Providers
🥇 Regency FX with 1 SAR = 2.4834 MAD (best SAR to MAD exchange rate today).
🥈 Key Currency offering 1 SAR = 2.4834 MAD.
🥉 Currencyflow & Verto are also providing good FX rate today.
The exchange rate provided by these 4 providers ranges from MAD 2.4648 to MAD 2.4834. For a SAR 1000 money transfer from Saudi Arabia to Morocco, that could mean up to MAD 18.60 saved on FX alone.
SAR-MAD exchange rates fluctuate throughout the day, and top positions can change quickly. This volatility can significantly impact the final MAD payout that your recipient gets in Morocco.
That's why we recommend comparing money transfer providers to ensure you can maximize the value of your Saudi Arabia to Morocco remittances.
🔄 Looking for the reverse corridor? Send money from Morocco to Saudi Arabia 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 Saudi Arabia.
Latest SAR to MAD Conversion Rates
Here are some latest SAR to MAD (Saudi Riyal to Moroccan Dirham) exchange rates for popular conversion amounts*.
| 1 SAR | 2.49 MAD |
| 5 SAR | 12.43 MAD |
| 10 SAR | 24.86 MAD |
| 25 SAR | 62.14 MAD |
| 50 SAR | 124.28 MAD |
| 100 SAR | 248.56 MAD |
| 150 SAR | 372.84 MAD |
| 200 SAR | 497.12 MAD |
| 250 SAR | 621.40 MAD |
| 300 SAR | 745.68 MAD |
| 400 SAR | 994.24 MAD |
| 500 SAR | 1,242.80 MAD |
| 600 SAR | 1,491.36 MAD |
| 700 SAR | 1,739.92 MAD |
| 800 SAR | 1,988.48 MAD |
| 1000 SAR | 2,485.60 MAD |
| 1500 SAR | 3,728.40 MAD |
| 2000 SAR | 4,971.20 MAD |
| 2500 SAR | 6,214.00 MAD |
| 3000 SAR | 7,456.80 MAD |
| 4000 SAR | 9,942.40 MAD |
| 5000 SAR | 12,428.00 MAD |
| 10000 SAR | 24,856.00 MAD |
| 15000 SAR | 37,284.00 MAD |
| 20000 SAR | 49,712.00 MAD |
| 30000 SAR | 74,568.00 MAD |
| 40000 SAR | 99,424.00 MAD |
| 50000 SAR | 124,280.00 MAD |
| 100000 SAR | 248,560.00 MAD |
*Based on the Mid-market Exchange Rate
What's the best way to do Saudi Arabia to Morocco money transfers?
Sending money internationally to Morocco from Saudi Arabia 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 Saudi Riyal to MAD 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 Morocco. 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 Moroccan Dirham.
How to get the best exchange rate for sending money from Saudi Arabia to Morocco?
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 Morocco from Saudi Arabia.At RemitFinder, we have tried to solve this exact problem - how to give you access to good choices for your SAR to Moroccan Dirham 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 SAR to MAD 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 for transferring money to Morocco from Saudi Arabia?
When you want to send money to Morocco from Saudi Arabia, you obviously want the cheapest possible option to maximize the money your recipient gets in Moroccan Dirham. 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 SAR to MAD 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 Saudi Arabia to Morocco. 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 Saudi Arabia to Morocco 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 Moroccan Dirham overseas.
Should I use my bank to send money from Saudi Arabia to Morocco?
Bank transfers have been a traditionally popular way to send money overseas from Saudi Arabia to Morocco. 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 SAR to MAD 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 Saudi Arabia bank for your Morocco 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 Morocco from Saudi Arabia fast?
How fast your money arrives at its destination is one of the key factors to consider when sending funds internationally from Saudi Arabia to Morocco. 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 SAR to MAD 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 Saudi Riyal amount reaching Morocco. 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 Moroccan Dirham quickly to Morocco, 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 send money to Morocco from Saudi Arabia?
Comparing money transfer companies for sending money to Morocco from Saudi Arabia 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 Morocco. 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 Saudi Riyal to Moroccan Dirham 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 Moroccan Dirham yield on every Saudi Riyal that you send.
Step by step guide to transfer money to Morocco from Saudi Arabia
Follow the below easy steps to send money to Morocco from Saudi Arabia.- 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 Saudi Arabia bank account to fund your transaction.
- Add your recipient - provide details about who will receive the funds (can also be your own account in Morocco).
- 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.