CAD to MAD Exchange Rate Today
Canadian Dollar to Moroccan Dirham conversion for Canadian travelers and Moroccan diaspora in Canada. Track live CAD/MAD rates every 30 minutes for trips to Casablanca, Marrakech, or supporting family in Morocco from Montreal, Toronto, and across Canada.
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Frequently Asked Questions
What is the Canadian Dollar to Moroccan Dirham exchange rate?
The CAD to MAD exchange rate typically ranges between 7.3-7.8 MAD per 1 CAD, depending on market conditions and economic factors. The rate fluctuates based on Canadian economic data (especially oil prices and Bank of Canada policy), Morocco's trade balance, and global market sentiment. Use our live converter for today's exact mid-market rate updated every 30 minutes from OpenExchangeRates.
Is Morocco expensive for Canadian tourists?
Morocco is quite affordable for Canadians. With 1 CAD buying approximately 7.5 MAD, travelers from Toronto, Montreal, Vancouver, and Calgary find excellent value. A mid-range hotel costs CAD 50-100/night, meals CAD 8-20, and local transport is very cheap. Your Canadian dollars stretch much further than in North America or Western Europe, making Morocco a budget-friendly destination.
How can Moroccan-Canadians send money to Morocco?
Moroccan-Canadians have several options: major Canadian banks (RBC, TD, Scotiabank) charge 3-5% markup plus $20-40 fees; specialized services like Wise (0.6-1.5%), Remitly, or XE Money Transfer offer better rates; Moroccan banks with Canadian branches (Attijariwafa Bank) provide direct transfers. For larger amounts, compare services carefully—the difference can be 5-8% of your transfer value.
Does CAD to MAD rate change much during tourist season?
Yes, seasonally. Morocco's high tourist season (October-April) sees increased demand for MAD, which can strengthen the dirham slightly. However, the CAD/MAD rate is more influenced by Canadian oil prices, Bank of Canada interest rates, and Morocco's economic indicators than seasonal tourism. For significant transfers, monitor oil markets and central bank announcements rather than travel seasons.
Should I exchange CAD to MAD in Canada or Morocco?
Exchange in Morocco for better rates. Canadian banks and airport exchanges offer poor CAD/MAD rates (often 10-15% below mid-market). Instead: withdraw MAD from ATMs in Morocco using a no-foreign-fee card (typically 1-3% cost), visit Moroccan exchange offices (bureaux de change) in cities like Casablanca or Marrakech, or use online services before traveling. Avoid airport exchanges on both ends.