Compare US Dollar to Morocco Dirham For Sending Money to Morocco from USA

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Mid Market Rate

The mid-market rate is the midpoint between the buy and sell prices of two currencies.
Make money transfers and manage your account online 24 hours a day, 7 days a week from any device. XE Money has some best customer reviews we have ever seen, which shows that the users are satisfied with its services.
WorldRemit is an online money transfer service that provides international remittance services to expatriates and migrant workers

More Available Options

You can check rates of some more providers that may support your country
With a worldwide agent network of more than 314,000 locations in 144 countries and growing
Western Union is an American financial services company which offer money remittance to more than 200 countries across the globe.
Travelex is a money remittance company which is specially known for providing effective services to travelers across the world. People can transfer money online, use its money card and get currency exchanged at its stores. 

About US and Morocco

The total amount of money sent to Morocco from US in 2017 was recorded as $184,000,000. For a small region like Morocco, these numbers are incredible and depict a need for money by diverse occupants of the country. You can send money to your friends, relatives or employees in Morocco from America by choosing from several options that offer low transfer fees and quick conveyance to them. Below is a simplified comparison of the top choices according to consumers;

Best way to transfer money from the US to Morocco

Sending money to Morocco from US is not as complicated as many people think. Most transfer companies basically use the same processes when making these remittances. You simply have to:

  • Create an account with a provider from the ones we have provided for you.
  • You will be required to fill in your details. 
  • Initiate a transaction. 
  • Fill your recipient’s details.
  • Select the amount you want to send.
  • Pay and let your providers do the rest.

With this said, some of the best money transfer options as grouped categorically include:

Money transfer companies

This refers to money transfer companies that send your money online via their websites and mobile apps. Some link with banks to make the remittance easier for you. Such companies include Remitly, WorldRemit, TransferWise and XE Money.

Service providers with cash pick-up options

Ria, Western Union and MoneyGram offer direct cash pick-up for your recipient.

Bank transfers

Bank to bank transfers are safe and secure despite being expensive. Sending money to reciprocal banks is cheaper than sending money to banks of different brands.

PayPal

You can send money online from US to Morocco using PayPal services.

Many people who need to use these money transfer services are influenced by a number of factors when choosing their cash transfer service providers. To some people the fastest way to send money from US to Morocco is the best way regardless of what it may cost. What they don’t understand is that there are some money transfer services that don’t charge anything for transfers, only that it takes about 2-3 days for the transaction to complete.

4 important things to consider when sending money from US to Morocco.

  1. Transfer fees: Transfer fees can go for as high as $95 depending on the service provider you choose. 


  2. Minimum and maximum amount: The minimum amount of money your service provider offers is one of the factors you should look out for since transfers of below this amount may not be cost-effective nor warrant a fee-free rate as specified by some companies. 


  3. Exchange rate: Good exchange rates will give you more value for your money. A good exchange rate is one that is close to the real exchange rate.


  4. Simplicity: As you will be diversifying your mode of transfer from banks, you will need an easy to learn option for quick transfers especially during emergencies

FAQ's

How can I send money fast to Morocco from the US?

Simple, use Remitly as we deem it the fastest online money transfer company which also provides competitive exchange rates. You should however take some time to consider other viable options through the US to Morocco money transfer comparison page here.

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How will my recipient receive his or her money as soon as possible?

Apart from choosing a company that transfers money at faster speeds, you can compare the processing time of the different companies as some may take long before releasing your cash. You do not want this in case your reason for sending money is urgent.

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Can I send money from US to Morocco safely through my phone?

If you haven’t heard yet, people these days send money anywhere through their mobile devices. However, for this to be successful, you need to ensure that you choose the right money transfer company to work with.

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Historical Mid Market Exchange Rate From US Dollar (USD) to Morocco Dirham (MAD) (Weekly)

Current Exchange Rate(Mid Market) :- 9.85 MAD/USD

Mid-market Rate is a currency exchange rate. Usually traders in currency exchange market have two exchange rates -
  • Selling exchange rate - at which sellers are willing to sell a particular currency and
  • Buying exchange rate - at which buyers are willing to buy a particular currency.
Mid-market rate is the mid-point of these two rates. This is the most transparent and the most accurate exchange rate. It is also known as “Interbank Rate” or “Spot Rate” or “Real Exchange Rate”. This is the rate which independent sources like Reuter, Google etc show.

Compare Currency Conversion USD To MAD

Send US Dollar To MOROCCO Receive Morocco Dirham
1 USD TO MAD 9.85
50 USD TO MAD 492.5
100 USD TO MAD 985
250 USD TO MAD 2462.5
500 USD TO MAD 4925
1000 USD TO MAD 9850
5000 USD TO MAD 49250
10000 USD TO MAD 98500
Send Morocco Dirham Receive US Dollar From MOROCCO
1 MAD FROM USD --
50 MAD FROM USD --
100 MAD FROM USD --
250 MAD FROM USD --
500 MAD FROM USD --
1000 MAD FROM USD --
5000 MAD FROM USD --
10000 MAD FROM USD --

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