What is the current MAD to TRY exchange rate?

The current mid-market exchange rate is 1 MAD = 4.7125 TRY. 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 TRY 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 TRY?

Exchange rates fluctuate constantly based on economic factors. Use our historical chart to see how the MAD/TRY 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 TRY — live rate

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

You send

MAD

They receive

TRY

1 MAD = 4.7125 TRY • Mid-market rate

Updated just now

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Historical MAD/TRY exchange rate

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

Quick reference: MAD to TRY

1 MAD → 4.71 TRY

5 MAD → 23.56 TRY

10 MAD → 47.12 TRY

50 MAD → 235.62 TRY

100 MAD → 471.25 TRY

500 MAD → 2,356.23 TRY

1,000 MAD → 4,712.47 TRY

5,000 MAD → 23,562.35 TRY

Currency snapshots

MAD — Moroccan Dirham

ISO Code MAD

Central Bank Bank Al-Maghrib

Common Notes 20, 50, 100, 200

Learn more about MAD

TRY — Turkish Lira

ISO Code TRY

Symbol ₤

Central Bank Central Bank of the Republic of Turkey

Common Notes 5, 10, 20, 50

Learn more about TRY

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

Convert MAD to TRY — live rate

Historical MAD/TRY exchange rate

Quick reference: MAD to TRY

Real cost of MAD → TRY

Estimated savings

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Currency snapshots