Compare today's MAD to COP (Moroccan Dirham to Colombian Peso) exchange rates
Interbank Exchange Rate: 1 MAD = 397.9190 COP
Updated about an hour ago
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All you need to know about Moroccan Dirham to Colombian Peso money transfers
Easily compare money transfer providers in one place to send money from Western Sahara to Colombia. Send money overseas to your loved ones by comparing Moroccan Dirham (MAD) to Colombian Peso (COP) 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 Western Sahara.
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Latest MAD to COP Conversion Rates
Here are some latest MAD to COP (Moroccan Dirham to Colombian Peso) exchange rates for popular conversion amounts*.
| 1 MAD | 397.92 COP |
| 5 MAD | 1,989.59 COP |
| 10 MAD | 3,979.19 COP |
| 25 MAD | 9,947.98 COP |
| 50 MAD | 19,895.95 COP |
| 100 MAD | 39,791.90 COP |
| 150 MAD | 59,687.85 COP |
| 200 MAD | 79,583.80 COP |
| 250 MAD | 99,479.75 COP |
| 300 MAD | 119,375.70 COP |
| 400 MAD | 159,167.60 COP |
| 500 MAD | 198,959.50 COP |
| 600 MAD | 238,751.40 COP |
| 700 MAD | 278,543.30 COP |
| 800 MAD | 318,335.20 COP |
| 1,000 MAD | 397,919.00 COP |
| 1,500 MAD | 596,878.50 COP |
| 2,000 MAD | 795,838.00 COP |
| 2,500 MAD | 994,797.50 COP |
| 3,000 MAD | 1,193,757.00 COP |
| 4,000 MAD | 1,591,676.00 COP |
| 5,000 MAD | 1,989,595.00 COP |
| 10,000 MAD | 3,979,190.00 COP |
| 15,000 MAD | 5,968,785.00 COP |
| 20,000 MAD | 7,958,380.00 COP |
| 30,000 MAD | 11,937,570.00 COP |
| 40,000 MAD | 15,916,760.00 COP |
| 50,000 MAD | 19,895,950.00 COP |
| 100,000 MAD | 39,791,900.00 COP |
*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 Western Sahara to Colombia?
With the global remittance market booming, there are so many choices for Moroccan Dirham to COP money transfers. To make it even more complicated, new Fintech companies keep entering the space, making it harder for remitters to decide which company to choose to send money overseas.Our money transfer comparison engine does all the hard work for you by searching and comparing numerous companies that specialize in foreign exchange transactions, and picking the best ones for sending money to Colombia from Western Sahara. This way, you do not have to manually search and compare these companies which is very time consuming. All remittance companies on our platform are established, secure providers that our expert team has selected.
We also provide you with attractive deals and promotions from our partners; these offers help you further maximize the final COP amount that your recipient gets. We, along with our partners, work hard to provide you with the best discounts and offers that you can use when you send money internationally.
How to get the best exchange rate for sending money from Western Sahara to Colombia?
When sending money overseas, there are a lot of options at your disposal these days. All of them come with various caveats that may include exchange rates, fees, transaction processing time, security and privacy, and so on. RemitFinder helps you to decide which foreign exchange operator to pick for your MAD to Colombian Peso money transfer.Our real time remittance comparison engine compares numerous banks, FX providers, remittance companies, multi currency bank accounts, etc. and presents you with the best options for sending money from Western Sahara to Colombia. We carefully select providers to give you the best choices for sending money internationally.
Additionally, you can sign up for the free rate alert to always stay updated with the best rates and promotions for MAD to COP remittances. With our daily free rate alert, you will never have to manually search and compare providers again.
What's the cheapest way to send money from Western Sahara to Colombia?
One of the most important things to watch out for is hidden fees when sending money to Colombia from Western Sahara. Most of the time, you will get ripped off if you have no choice, or very few choices. For instance, if you send money to Colombia using your bank, you are most likely paying high fees. You may also not be getting the best exchange rate on your Colombian Peso foreign exchange transaction.RemitFinder partners with many money transfer companies that provide you with cheap options to ensure you get the best MAD to Colombia exchange rate. The more choices you have, the better yield you get. This is because you can get creative with exchange rates and fees to determine the cheapest option for you. For instance, one company may be giving a very high rate but charging a steep fee as well, while another provider may have a slightly lower rate, but 0 fee. All of this also depends on how much amount you send. It is very much possible that as the transaction amount varies, one money transfer operator gives a better return than the other, and vice versa.
Our partners also provide our customers with many offers and promotions. These could be seasonal (around key holidays and festivals) or ongoing. Making use of these deals will further reduce your cost, and help ensure you use the cheapest way to send money to Colombia from Western Sahara.
How to send money from Western Sahara to Colombia through a bank?
Bank transfers have been a traditionally popular way to send money overseas from Western Sahara to Colombia. 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 COP 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 Western Sahara bank for your Colombia 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.
What is the fastest way to do a money transfer to Colombia from Western Sahara?
The speed of your Moroccan Dirham to Colombian Peso funds transfer will depend on various factors like which provider you use, how you pay for your transaction, how you choose for your recipient to get the funds, etc. You will, therefore, want to compare various options to see which one suits your needs best.We created a comprehensive guide on remittances to help you understand all the factors that come into play when you convert MAD to COP. Establishing a solid understanding of all the criteria that affect your transaction speed will help you compare various money transfer companies to see which one can provide you with the fastest transaction.
One possible approach that will help you send money fast to Colombia from Western Sahara is to rely on cash as payment as well as delivery method. This would mean paying for your transfer with cash, most likely by walking into your provider's office or agent location. Similarly, your recipient could also pick up cash in Colombia if they have a pickup location nearby. Dealing with cash on both sides will eliminate bank transfers in the middle which generally take longer as money has to move between banks.
One drawback of cash transfers is the need to go to physical drop off and pickup locations, and the inherent risk involved in carrying cash, especially for larger amounts. Another one is that cash transfers generally involve lower exchange rates as compared to online transfers. If you do not want to handle cash for the aforementioned reasons, the next fastest transfers would be to payout COP into a mobile wallet, or even do a mobile airtime popup. These methods would be faster than Western Sahara bank to Colombia bank transfer.
Which are the best money transfer companies to send money to Colombia from Western Sahara?
The definition of "best" is very personal for everyone. It may even vary from one transaction to the next depending on various factors involved. When it comes to sending money from Western Sahara to Colombia, we can help you in choosing the best provider.There are several key points you would want to check for; these include, but are not limited to, the best Moroccan Dirham to Colombian Peso exchange rate, transfer amount limits, transaction fees, transfer speed, variety of payment and delivery methods available, fixed vs indicative rate, and availability of any deals and promotions.
After you see the initial list of remittance companies we present you with, use the above criteria to fine tune your choices. That way, you can see which providers are a better fit for the requirements of your COP money transfers to Colombia. Keep an open mind as it is very much possible that different providers suit different transfer scenarios better than others.
Finally, you should definitely take into account any ongoing promotions from these providers. Offers and discounts will lower your cost to make the money transfer and result in your recipient in Colombia getting more money for every Moroccan Dirham you send.
Step by step guide to send money to Colombia from Western Sahara
There are many important aspects of Western Sahara to Colombia remittances that will impact the yield you get. The most important one is the selection of the best money transfer company. For this, you can rely on RemitFinder's expertise in searching and comparing many global companies to present you many options in one simple, easy to understand view.Once you have honed down on the company you want to go with, the below step by step tutorial will help you execute your transfer in an effective manner.
- Step 1 - Create your account with the chosen remittance company. Please be aware that you will likely be asked for identification documents and personal information. This is an important step for the company to ensure that you are a genuine person and ensure you comply with various legal regulations like anti money laundering.
- Step 2 - Provision the manner in which you will fund your remittance transaction. The forex company may accept payment in multiple ways - Western Sahara bank account, credit and debit cards, and sometimes even cash that you can pay with by walking into a branch or outlet.
- Step 3 - Similar to the previous step, also provision the manner in which the receiver will access the funds. The most common delivery methods include COP bank deposit, cash pick up in a physical provider location or agent's office, mobile wallet credit and mobile airtime popup.
- Step 4 - Provision recipient details including name and address.
- Step 5 - Decide how much Moroccan Dirham amount you want to send from Western Sahara.
- Step 6 - Optionally, check if there are any deals or promotions going on. You can rely on RemitFinder to provide you this information. Discounts help you save even more, so be sure to use one if available.
- Step 7 - Validate all the information for accuracy and start your transaction.