What is the current MAD to ZAR exchange rate?

The current mid-market exchange rate is 1 MAD = 1.7339 ZAR. 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 ZAR 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 ZAR?

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

Convert Moroccan Dirhams to South African Rands and compare the real cost of sending money.

You send

MAD

They receive

ZAR

1 MAD = 1.7339 ZAR • Mid-market rate

Updated just now

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Historical MAD/ZAR exchange rate

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

Quick reference: MAD to ZAR

1 MAD → 1.73 ZAR

5 MAD → 8.67 ZAR

10 MAD → 17.34 ZAR

50 MAD → 86.69 ZAR

100 MAD → 173.39 ZAR

500 MAD → 866.93 ZAR

1,000 MAD → 1,733.86 ZAR

5,000 MAD → 8,669.30 ZAR

Currency snapshots

MAD — Moroccan Dirham

ISO Code MAD

Central Bank Bank Al-Maghrib

Common Notes 20, 50, 100, 200

Learn more about MAD

ZAR — South African Rand

ISO Code ZAR

Symbol R

Central Bank South African Reserve Bank

Common Notes R10, R20, R50, R100, R200

Learn more about ZAR

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

Convert MAD to ZAR — live rate

Historical MAD/ZAR exchange rate

Quick reference: MAD to ZAR

Real cost of MAD → ZAR

Estimated savings

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Currency snapshots