SEK to MAD Exchange Rate Today
Swedish Krona to Moroccan Dirham conversion for the Moroccan community in Sweden. Our SEK/MAD calculator provides 30-minute rate updates for remittances from Stockholm, Gothenburg, Malmö to Casablanca, Rabat, Marrakech across Morocco.
1000 SEK =
983.03MAD
1 MAD = 1.0173 SEK
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Compare money transfer service fees for the best rates
SEK to MAD conversion table
Common amounts at the current mid-market rate of 1 SEK = 0.9830 MAD.
Mid-market rate — the midpoint banks trade at, before any provider adds a margin. What you actually receive is below.
What you actually get for 1,000 SEK
Nobody converts at the mid-market rate. At 1 SEK = 0.9830 MAD, a perfect conversion of 1,000 SEK would be 983.03 MAD. Here is what 8 services would really send, fee and exchange-rate margin included.
On 1,000 SEK, the gap between the best and worst option here is 91.47 MAD — 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 — promotional offers and payment method can change it. Check the provider before sending. Rows marked est. use the provider's general figure, and SEK est. one measured for SEK sends but not for MAD specifically. Neither is ranked cheapest.
Frequently Asked Questions
What is today's Swedish Krona to Moroccan Dirham rate?
The SEK to MAD exchange rate typically ranges between 0.95-1.05 MAD per 1 SEK. The Riksbank (Sweden's central bank) monetary policy and Bank Al-Maghrib decisions both influence this rate. With over 80,000 Moroccans living in Sweden (one of the largest North African diasporas in Scandinavia), SEK to MAD is a highly active Europe-Morocco remittance corridor. Many work in healthcare, services, and businesses across Stockholm, Gothenburg, and Malmö. Check the converter above for today's krona-to-dirham rate.
Which is the cheapest way to send money from Sweden to Morocco?
Moroccans in Stockholm, Gothenburg, and Malmö sending to Casablanca, Rabat, or Marrakech have excellent options: Wise (TransferWise) offers the best SEK to MAD rates with 0.5-1% margins, Remitly specializes in Sweden-Morocco transfers with competitive pricing, Western Union and MoneyGram have extensive Morocco networks (every city has multiple locations), Ria Money Transfer offers good rates for Nordic-Morocco corridor, and Swedish banks like Swedbank and SEB charge higher fees (SEK 100-200 plus 2-3% margin). Money transfer operators save SEK 100-300 per transaction compared to banks.
Why does SEK to MAD rate fluctuate?
SEK/MAD movements reflect: Riksbank interest rate decisions, Swedish economic performance (Volvo, Ericsson, H&M exports), Eurozone health (Sweden trades heavily with EU despite not using Euro), Morocco's economic performance and tourism sector, Bank Al-Maghrib policy, Euro strength (Morocco's largest trade partner is EU), and global risk sentiment. When Swedish exports boom or Riksbank raises rates, SEK strengthens. When MAD weakens due to low tourism, agricultural issues, or inflation, you get more dirhams per krona. Summer tourism season typically strengthens MAD while winter weakens it.
Do Swedish banks give fair SEK to MAD exchange rates?
Swedish banks (Swedbank, SEB, Nordea, Handelsbanken) typically charge 2-4% margins on SEK to MAD conversions plus SEK 100-250 transfer fees. Online platforms and money transfer operators offer much better value: Wise charges 0.5-1% with transparent fees around SEK 40-80, Remitly provides competitive rates with fast delivery to Morocco, and Western Union offers transparent pricing. For a SEK 5,000 transfer, using Wise instead of Swedbank can save you SEK 150-350 in total costs. Swish doesn't support international transfers.
Best time to send Kronas to Morocco?
Monitor Riksbank policy meetings (typically 6 times per year), Swedish economic data, Eurozone reports, Morocco's tourism season (summer brings foreign currency), Bank Al-Maghrib decisions, and agricultural harvest news. When SEK strengthens (tech boom, Swedish exports surge, Riksbank hawkish) or MAD weakens (low tourism, poor harvests, inflation), you receive more dirhams per krona. Watch: Riksbank Governor speeches, Volvo and Ericsson earnings, Swedish inflation data, Morocco's tourism statistics, phosphate prices, and Euro/MAD movements. For monthly family support, regular transfers average out volatility. For large transfers like property purchases, timing after low tourism season or poor harvest maximizes dirham value.
Popular MAD Currency Pairs
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