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Compare today's MAD to ILS (Moroccan Dirham to Israeli New Sheqel) exchange rates

Western Sahara
Palestine
MAD

Interbank Exchange Rate: 1 MAD = 0.3371 ILS
Updated about an hour ago

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All you need to know about Moroccan Dirham to Israeli New Sheqel money transfers

Easily compare money transfer providers in one place to send money from Western Sahara to Palestine. Send money overseas to your loved ones by comparing Moroccan Dirham (MAD) to Israeli New Sheqel (ILS) 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 ILS Conversion Rates

Here are some latest MAD to ILS (Moroccan Dirham to Israeli New Sheqel) exchange rates for popular conversion amounts*.

1 MAD0.34 ILS
5 MAD1.69 ILS
10 MAD3.37 ILS
25 MAD8.43 ILS
50 MAD16.86 ILS
100 MAD33.71 ILS
150 MAD50.57 ILS
200 MAD67.42 ILS
250 MAD84.28 ILS
300 MAD101.13 ILS
400 MAD134.84 ILS
500 MAD168.55 ILS
600 MAD202.26 ILS
700 MAD235.97 ILS
800 MAD269.68 ILS
1,000 MAD337.10 ILS
1,500 MAD505.65 ILS
2,000 MAD674.20 ILS
2,500 MAD842.75 ILS
3,000 MAD1,011.30 ILS
4,000 MAD1,348.40 ILS
5,000 MAD1,685.50 ILS
10,000 MAD3,371.00 ILS
15,000 MAD5,056.50 ILS
20,000 MAD6,742.00 ILS
30,000 MAD10,113.00 ILS
40,000 MAD13,484.00 ILS
50,000 MAD16,855.00 ILS
100,000 MAD33,710.00 ILS

*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 Palestine?

Sending money internationally to Palestine from Western Sahara 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 ILS 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 Palestine. 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 Israeli New Sheqel.


How to get the best exchange rate for sending money from Western Sahara to Palestine?

With ever changing remittance exchange rates, and umpteen new companies and startups to send money abroad coming up, it may seem hard at first to decide when to send money and which company to choose from for your Western Sahara to Palestine transfers.

RemitFinder provides a single place to compare many options so you can quickly and easily decide who to go with. Compare various banks, foreign exchange specialists, Fintech startups, remittance service providers, multi currency bank accounts and others in a single view to maximize the return on your MAD to Israeli New Sheqel international money transfers.

To help save your precious time and hard earned money, we also created the RemitFinder exchange rate alert. This is a totally free notification that will keep you updated daily on the latest Moroccan Dirham to Israeli New Sheqel exchange rates and ongoing deals and promotions. You can sign up for our rate alert and start saving now.


What's the cheapest way to send money to Palestine from Western Sahara?

When you want to send money to Palestine from Western Sahara, you obviously want the cheapest possible option to maximize the money your recipient gets in Israeli New Sheqel. 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 ILS 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 Western Sahara to Palestine. 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 Western Sahara to Palestine 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 Israeli New Sheqel overseas.


Should I use my bank to send money from Western Sahara to Palestine?

Bank transfers have been a traditionally popular way to send money overseas from Western Sahara to Palestine. 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 ILS 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 Palestine 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 Palestine from Western Sahara?

It could be a stressful experience if you need to rush money quickly from Western Sahara to Palestine. 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 ILS. 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 Israeli New Sheqel. 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 Palestine money transfers.


Which are the best money transfer companies to transfer money from Western Sahara to Palestine?

Western Sahara to Palestine 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 Palestine 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 Israeli New Sheqel 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 do a money transfer from Western Sahara to Palestine

There are many important aspects of Western Sahara to Palestine 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 ILS 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.

From this point on, the remittance company will keep you posted on the progress of your transaction. Be sure to check with your recipient in Palestine to validate that they get the money once the transaction clears.