EUR/MAD Rate from Belgium to Morocco — Compare 15 Providers

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AI
Analysis by IdealRemit AI from 806 days of EUR/MAD interbank rate data (ECB/XE source). Patterns extracted automatically to help you send at the best time.
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Good time to send — rate in the top 21% of 2-year history
The EUR/MAD interbank rate is at 10.8111 MAD today, better than 79% of recorded days. You are 1.5% from the all-time high (10.9809 MAD, 9 mar 2024).
Interbank rate EUR/MAD
10.8111 MAD
▼ -0.25% / 7 days
Historical percentile
Top 21%
better than 79%
2-year high
10.9809 MAD
9 mar 2024
ECB reference
XE mid-market
XE / Frankfurter
EUR/MAD interbank rate position over 2 years
Lowest : 10.2849 (11 jan 2025)Current : 10.8111 MADHighest : 10.9809 (9 mar 2024)
BadAverageGoodExcellent
EUR/MAD interbank monthly rate — 27 months
Monthly average
Monthly min / max
Insights — 806 days of history EUR/MAD
📈Rate is up +0.65% over 3 months. Since the low of 10.2849 MAD (11 jan 2025), gain of +263 MAD more on €500.
📅Day 10–13 of the month offer the best rates : 27 MAD more on €500. Today = day 14 → next optimal zone: next month (10–13)
📆Mar & Sep = best months (10.88–10.93). Jan & May = worst months (10.39–10.43). 2026 : in strong recovery vs historical average.
⚖️Probability of better rate in 7 days : 49%. 14 days : 49%. in the Top 21%, the expected gain from waiting is uncertain.
💡Compare with provider rates (MoneyGram, Remitly, Wise...) which apply a markup on this reference rate.
EUR/MAD — Rate History (EUR → MAD)
ECB mid-market rate
Interbank rate

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Over 80,000 Moroccans live in Belgium, mainly in Brussels (Molenbeek, Anderlecht) and Wallonia. The Moroccan community in Belgium represents Europe's 3rd largest MRE corridor. The average transfer to Morocco from Belgium is €520 per transaction according to BAM 2025 data.

Data updated on 14 April 2026 · EUR/MAD