EUR to MAD Exchange Rate Today

Convert Euros to Moroccan Dirhams with live exchange rates updated every 30 minutes. Essential for European travelers and businesses dealing with Morocco. Get real-time EUR/MAD rates from OpenExchangeRates.

1000 EUR =

10,775.82MAD

1 MAD = 0.0928 EUR

1 EUR = 10.7758 MAD

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Compare money transfer service fees for the best rates

EUR to MAD conversion table

Common amounts at the current mid-market rate of 1 EUR = 10.78 MAD.

EURMAD
1 EUR10.78 MAD
5 EUR53.88 MAD
10 EUR107.76 MAD
25 EUR269.40 MAD
50 EUR538.79 MAD
100 EUR1,078 MAD
500 EUR5,388 MAD
1,000 EUR10,776 MAD
5,000 EUR53,879 MAD
MADEUR
1 MAD0.0928 EUR
5 MAD0.4640 EUR
10 MAD0.9280 EUR
25 MAD2.32 EUR
50 MAD4.64 EUR
100 MAD9.28 EUR
500 MAD46.40 EUR
1,000 MAD92.80 EUR
5,000 MAD464.00 EUR

Mid-market rate โ€” the midpoint banks trade at, before any provider adds a margin. What you actually receive is below.

What you actually get for 1,000 EUR

Nobody converts at the mid-market rate. At 1 EUR = 10.78 MAD, a perfect conversion of 1,000 EUR would be 10,776 MAD. Here is what 13 services would really send, fee and exchange-rate margin included.

ServiceTheir rateFeeYou get
Paysendcheapest10.741.50 EUR10,720 MAD
MoneyGram10.721.49 EUR10,709 MAD
Instarem10.71โ€”10,706 MAD
XE10.67โ€”10,668 MAD
Sendwave10.691.99 EUR10,666 MAD
Taptap Send10.64โ€”10,645 MAD
Ria Money Transfer10.54โ€”10,545 MAD
Wise10.7824.17 EUR10,515 MAD
Revolut10.6512.90 EUR10,508 MAD
WorldRemit10.491.99 EUR10,464 MAD
Xoom10.44โ€”10,438 MAD
Western Union10.472.99 EUR10,436 MAD
OFX10.449.82 EUR10,341 MAD

On 1,000 EUR, the gap between the best and worst option here is 379.09 MAD โ€” the same money, converted on the same day. That difference is the fee plus the margin each service builds into its rate, and it is the only part of this page you can do anything about. How exchange-rate markups work.

Typical pricing for a bank-funded transfer, not a live quote โ€” promotional offers and payment method can change it. Check the provider before sending.

Frequently Asked Questions

What is the Euro to Moroccan Dirham exchange rate?

The EUR/MAD exchange rate reflects the value between European and Moroccan economies. Typically, โ‚ฌ1 EUR equals 10-11 MAD. Morocco has strong trade ties with the EU, especially France and Spain, which influences the EUR/MAD rate. Check our live converter above for today's current exchange rate.

Can I use Euros in Morocco?

Euros are occasionally accepted in Moroccan tourist areas near Spanish enclaves (Ceuta, Melilla) and some hotels, but at unfavorable rates. Morocco's official currency is the Dirham. European travelers should convert EUR to MAD at banks, ATMs, or exchange offices for better rates and wider acceptance throughout Morocco.

How to transfer money from Europe to Morocco?

To send EUR to MAD, use international transfer services like Wise, Western Union, or MoneyGram. Traditional EU banks offer SWIFT transfers but with higher fees. Many Moroccans in Europe use remittance services for family transfers. Compare EUR/MAD rates and fees - specialized services often beat bank rates by 2-3%.

Why does EUR to MAD rate fluctuate?

EUR/MAD movements depend on Eurozone economic health, Morocco's export performance (especially to EU), phosphate and agricultural prices, tourism flows from Europe to Morocco, Bank Al-Maghrib policy, and European Central Bank decisions. The dirham is managed against a currency basket that includes the Euro.

Is Morocco cheap for European visitors?

Morocco is generally affordable for Europeans. With EUR being strong against MAD, travelers from France, Spain, Germany, and other EU countries find good value. Accommodation ranges from โ‚ฌ15-100/night, meals โ‚ฌ3-15, transport is inexpensive. Your Euros stretch further in Morocco than in most European destinations.