What is the current MAD to EUR exchange rate?

The current mid-market exchange rate is 1 MAD = 0.0924 EUR. This rate is updated in real-time. Banks typically add a 2-3% markup, while specialist providers offer rates closer to the mid-market rate.

How can I get the best MAD to EUR rate?

To get the best rate, compare FCA-regulated money transfer specialists instead of using your bank. Specialist providers typically charge 0.3-1% vs banks' 2-3% markup. For larger amounts (£1,000+), the savings can be significant.

Is it a good time to convert MAD to EUR?

Exchange rates fluctuate constantly based on economic factors. Use our historical chart to see how the MAD/EUR rate has moved over time. For large transfers, consider setting up rate alerts or using a forward contract to lock in today's rate.

Convert MAD to EUR — live rate

Convert Moroccan Dirhams to Euros and compare the real cost of sending money.

You send

MAD

They receive

EUR

1 MAD = 0.0924 EUR • Mid-market rate

Updated just now

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Historical MAD/EUR exchange rate

Rates shown are indicative mid-market rates, updated regularly.

Quick reference: MAD to EUR

1 MAD → 0.09 EUR

5 MAD → 0.46 EUR

10 MAD → 0.92 EUR

50 MAD → 4.62 EUR

100 MAD → 9.24 EUR

500 MAD → 46.21 EUR

1,000 MAD → 92.42 EUR

5,000 MAD → 462.11 EUR

Currency snapshots

MAD — Moroccan Dirham

ISO Code MAD

Central Bank Bank Al-Maghrib

Common Notes 20, 50, 100, 200

Learn more about MAD

EUR — Euro

ISO Code EUR

Symbol €

Central Bank European Central Bank

Common Notes €5, €10, €20, €50, €100

Learn more about EUR

What affects this rate? Interest rate differentials, inflation expectations, and market risk sentiment are the primary drivers.

Convert MAD to EUR — live rate

Historical MAD/EUR exchange rate

Quick reference: MAD to EUR

Real cost of MAD → EUR

Estimated savings

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Currency snapshots