Compare today's MAD to NGN (Moroccan Dirham to Nigerian Naira) exchange rates
Interbank Exchange Rate: 1 MAD = 149.2632 NGN
Updated about an hour ago
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All you need to know about Moroccan Dirham to Nigerian Naira money transfers
Easily compare money transfer providers in one place to send money from Western Sahara to Nigeria. Send money overseas to your loved ones by comparing Moroccan Dirham (MAD) to Nigerian Naira (NGN) 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 NGN Conversion Rates
Here are some latest MAD to NGN (Moroccan Dirham to Nigerian Naira) exchange rates for popular conversion amounts*.
| 1 MAD | 149.26 NGN |
| 5 MAD | 746.32 NGN |
| 10 MAD | 1,492.63 NGN |
| 25 MAD | 3,731.58 NGN |
| 50 MAD | 7,463.16 NGN |
| 100 MAD | 14,926.32 NGN |
| 150 MAD | 22,389.48 NGN |
| 200 MAD | 29,852.64 NGN |
| 250 MAD | 37,315.80 NGN |
| 300 MAD | 44,778.96 NGN |
| 400 MAD | 59,705.28 NGN |
| 500 MAD | 74,631.60 NGN |
| 600 MAD | 89,557.92 NGN |
| 700 MAD | 104,484.24 NGN |
| 800 MAD | 119,410.56 NGN |
| 1,000 MAD | 149,263.20 NGN |
| 1,500 MAD | 223,894.80 NGN |
| 2,000 MAD | 298,526.40 NGN |
| 2,500 MAD | 373,158.00 NGN |
| 3,000 MAD | 447,789.60 NGN |
| 4,000 MAD | 597,052.80 NGN |
| 5,000 MAD | 746,316.00 NGN |
| 10,000 MAD | 1,492,632.00 NGN |
| 15,000 MAD | 2,238,948.00 NGN |
| 20,000 MAD | 2,985,264.00 NGN |
| 30,000 MAD | 4,477,896.00 NGN |
| 40,000 MAD | 5,970,528.00 NGN |
| 50,000 MAD | 7,463,160.00 NGN |
| 100,000 MAD | 14,926,320.00 NGN |
*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 Nigeria from Western Sahara?
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 Western Sahara to Nigeria. 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 NGN.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 NGN in Nigeria. 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 Nigeria from Western Sahara. We provide you with maximum choices to send money to Nigeria by comparing competing money transfer companies thereby making you the winner in the end.
How to get the best rate to transfer money to Nigeria from Western Sahara?
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 Nigeria from Western Sahara.At RemitFinder, we have tried to solve this exact problem - how to give you access to good choices for your MAD to Nigerian Naira 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 NGN 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 Western Sahara to Nigeria?
While there are numerous ways to send money overseas, many come with steep fees and hidden charges that will make a big dent in your hard earned money. For example, if you send money from Western Sahara to Nigeria via a bank, you will typically get charged high wire transfer fees. Often, both the sender and the recipient have to pay high fees for bank wire transfers.A sure way to find the most cost effective way for Moroccan Dirham to Nigerian Naira remittances is to compare various foreign exchange operators out there. But, doing this manually is hard and time consuming. You may miss out on great rates from other providers that you may not even be aware of. This is especially relevant given the explosion of Fintech startups operating in the international money transfer arena.
Use RemitFinder to compare numerous remittance service providers in a single screen to easily see which companies are good at what and meet your selection criteria for getting the best Western Sahara to Nigeria exchange rate.
Another sure shot way to reduce your cost and maximize the return on your money is to take advantage of deals and discounts our partners provide to RemitFinder users like you. We are constantly adding new providers, so make sure to regularly check in to see which money transfer options are the cheapest for MAD to NGN remittances.
How to send money to Nigeria from Western Sahara through a bank?
There are two distinct ways that banks make money on international funds transfers. First, by charging steep transaction fees, and second, by providing a low MAD to NGN exchange rate. Sometimes, the actual transaction fee may not be that high, but the rate may be much lower, which essentially means a hidden fee as the cost of the transfer for you still goes up.Since your obvious goal is to make the most of your hard earned money, you would want to ensure that the receiver of your money gets the maximum amount. One simple way to achieve this is by minimizing the fees on Western Sahara to Nigeria money you send. And, generally, you will not get low fees with banks. Hence, we recommend relying on our real time online money transfer comparison tool to ensure you can compare many options.
Most of the remittance companies today offer bank to bank transfers for sending money to Nigeria from Western Sahara. They do this by letting you fund your transaction through your local bank account in Western Sahara, and by allowing you to choose the payout to be your recipient's bank account in Nigeria. But, you are likely to get much better rates and lower fees compared to your bank.
What is the fastest way to do a money transfer to Nigeria from Western Sahara?
It could be a stressful experience if you need to rush money quickly from Western Sahara to Nigeria. 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 NGN. 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 Nigerian Naira. 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 Western Sahara to Nigeria money transfers.
Which are the best money transfer companies to send money from Western Sahara to Nigeria?
Western Sahara to Nigeria money transfer space is highly competitive, and there are numerous remittance service providers competing for your business. Given that, how do you ensure you are choosing the best company when you send money overseas?To be able to make an informed decision, the first thing you would want to do is to be aware of your selection criteria. For example, do you need the money to reach Nigeria as fast as possible? Are you sending a small or large amount? Do you prefer fixed exchange rates or are comfortable with indicative rates? And so on. Honing your preferences will help you decide which remittance company to go with.
Once you have defined your parameters, selecting the best Moroccan Dirham to Nigerian Naira money transfers is easy. Simply punch in your country combination on RemitFinder, and compare numerous companies quickly to be able to select the ones that match your preferences.
Step by step guide to send money from Western Sahara to Nigeria
Sending money internationally is very common these days, especially given the large communities of expats living abroad. If you are one of them, and need to send money from Western Sahara to Nigeria, then please continue to read.One of the hardest things in the foreign currency transaction world is to find the best company to move your money abroad. There are so many choices to remit funds from Western Sahara to Nigeria that you may feel a bit lost. This is where RemitFinder comes in. You can relax as we do all the hard work to search and compare numerous money transfer companies for you.
Once you identify your provider of choice, follow the below step by step guide to send money.
- Provide your name, address, photo ID and other related information as part of the signup process. Forex companies are regulated to ensure that your money is safe, so providing this information ensures compliance laws are adhered to.
- Provide information about the receiver - name, address and a bank account in Nigeria where they can receive monies in Nigerian Naira.
- Then, provide details of your Western Sahara bank account so you can transfer the funds to the provider to allow them to do the transaction on your behalf.
- Finally, select the amount you want to transfer, and click Send.
- The provider will start your transaction, and keep you updated on the progress of your transfer.