BHD to MAD Exchange Rate Today
Bahraini Dinar to Moroccan Dirham conversion for workers in Bahrain. Our BHD/MAD calculator provides 30-minute rate updates for remittances from Manama, Riffa, Muharraq to Casablanca, Rabat, Marrakech across Morocco.
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Sending 1,000.00 BHD → MAD
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Mid-Market Rate
After Fees
Exchange rate: Real-time mid-market rate from OpenExchangeRates API. Transfer fees: Based on typical provider fees.Note: Providers may offer different exchange rates than the mid-market rate shown. Always check the provider's website for their actual exchange rate and final pricing before sending.
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Frequently Asked Questions
What is today's Bahraini Dinar to Moroccan Dirham rate?
The BHD to MAD exchange rate typically ranges between 26-28 MAD per 1 BHD. Since the Bahraini Dinar is pegged to USD at 0.376 BHD = 1 USD (since 1980), BHD/MAD movements closely follow USD/MAD trends. With Moroccans working in Bahrain's construction, hospitality, and healthcare sectors, BHD to MAD is an active Gulf-North Africa remittance corridor. Check our live converter for today's exact rate from OpenExchangeRates.
Which is the cheapest way to send money from Bahrain to Morocco?
Workers in Manama, Riffa, and Muharraq sending to Casablanca, Rabat, or Marrakech have several options: BFC Exchange and Al Fardan Exchange offer competitive BHD to MAD rates with lower fees, Lulu Exchange provides fast transfers to Morocco, Western Union and MoneyGram have extensive Morocco pickup networks (branches in every major city), and Bahraini banks like NBB and Ahli United Bank charge higher fees (BHD 2-4 plus 2-3% margin). Money transfer operators typically beat banks by BHD 5-15 per transaction.
Why does BHD to MAD rate fluctuate?
BHD/MAD movements are driven by: US Dollar strength (both BHD and MAD are influenced by USD), oil prices (affect Bahrain's economy and remittance capacity), Morocco's economic performance and tourism sector, Bank Al-Maghrib (Morocco's central bank) policy, and Euro movements (Morocco trades heavily with Europe). Since BHD is pegged to USD at a fixed rate, when USD strengthens or MAD weakens, you get more dirhams per dinar. Morocco's phosphate exports and agricultural production also impact the dirham.
Do Bahraini banks give fair BHD to MAD exchange rates?
Bahraini banks (NBB, BBK, Ahli United Bank) typically charge 2-3% margins on BHD to MAD conversions plus BHD 2-5 transfer fees. Exchange houses offer much better value: BFC Exchange and Al Fardan charge 1-1.5% margins with BHD 1-2 fees, Lulu Exchange provides competitive rates, and Western Union offers transparent pricing. For a BHD 100 transfer, using exchange houses instead of banks can save you BHD 3-6 in total costs. Always compare the final MAD amount received in Morocco.
Best time to send Dinars to Morocco?
Monitor US Federal Reserve policy (affects BHD/USD peg indirectly), Bank Al-Maghrib decisions, Morocco's tourism season (summer brings more foreign currency), oil price trends, and Euro/MAD movements. When USD strengthens or MAD weakens (inflation, tourism low season), you receive more dirhams per dinar. Watch: US Fed announcements, Morocco's inflation reports, European tourism trends to Morocco, phosphate prices, and agricultural harvest news. For monthly family support, regular transfers average out fluctuations. For large transfers like property purchases, timing MAD weakness maximizes dirham value.