MoneyGram EUR/MAD rate from Belgium to Morocco
From
To
Provider
EUR/MAD — MoneyGram vs Interbank
Interbank rate
💵 Cash pickup
Current rate
11.1683
Reference rate
10.9721
ECB reference
Period min
11.1683
Period max
11.1683
Interbank rate
MoneyGram MAD
Margin : -1.79%
Loss / 500 EUR : -98 MAD
MoneyGram Fees — Cash pickup
| Amount sent | Fee |
|---|---|
| 0 EUR — 100.01 EUR | 1.49 EUR |
| 100.01 EUR and above | 2.99 EUR |
Conversion Table — MoneyGram EUR → MAD · Cash pickup
| Sent | Received | Fee |
|---|---|---|
| 1 EUR | 11.17 MAD | Fee : 1.49 EUR |
| 10 EUR | 112 MAD | Fee : 1.49 EUR |
| 20 EUR | 223 MAD | Fee : 1.49 EUR |
| 50 EUR | 558 MAD | Fee : 1.49 EUR |
| 100 EUR | 1 117 MAD | Fee : 1.49 EUR |
| 200 EUR | 2 234 MAD | Fee : 2.99 EUR |
| 300 EUR | 3 350 MAD | Fee : 2.99 EUR |
| 500 EUR | 5 584 MAD | Fee : 2.99 EUR |
| 1,000 EUR | 11 168 MAD | Fee : 2.99 EUR |
| 2,000 EUR | 22 337 MAD | Fee : 2.99 EUR |
| 5,000 EUR | 55 842 MAD | Fee : 2.99 EUR |
* Indicative rate, fees included — verify on provider website.
AI
This analysis is generated by IdealRemit AI by cross-referencing historical rate data from 15+ providers (MoneyGram, MoneyGram, Wise, Western Union...) and the ECB interbank rate over 672 days. Patterns (best day, best time, seasonal trends) are automatically extracted to help you send at the best time.
⚖️
Decent rate — slightly above average
The rate is above the historical average but not exceptional. Days 7–11 of the month usually offer better rates.
The rate is above the historical average but not exceptional. Days 7–11 of the month usually offer better rates.
Current MoneyGram rate
10.89 MAD
▲ +0.19% / 7 days
Historical percentile
Top 22%
Better than 78% of recorded
All-time high
10.9571 MAD
17 sep 2024
Promo bonus included
+0.00 MAD
-- vs base
Rate position over 2 years of MoneyGram France→Morocco history
Lowest : 10.2291 (11 jan 2025)Current : 10.89 MADHighest : 10.9571 (17 sep 2024)
BadAverageGoodExcellent
Monthly EUR/MAD MoneyGram rate — 24 months
Monthly average rate
Monthly min / max
Insights — 672 days of history MoneyGram EUR/MAD
AIGenerated by IdealRemit AI from 672 days of historical rate data across 15+ providers. Patterns extracted automatically to help you identify the best time to send money.
📈Rate is up +0.67% over 3 months. Since the low of 10.2291 MAD (11 jan 2025), gain of +332 MAD on 500 €.
📅Day 7–11 of the month offer 54 MAD more on 500 € vs 28–31. Today = day 28 → next optimal zone: next month (7–11)
📆Oct & Sep = best months (10.89–10.90). Jan & Mai = worst months (10.46–10.51). Avr 2026 : exceptionally high vs historical average.
⏰Best time : 15h–16h & 18h (+0.034 MAD vs 3am). +17 MAD on 500 € by choosing the hour.
🎁MoneyGram promo bonus : +0.00 MAD (--) above base rate. This bonus varies by active campaigns.
⚖️Probability of a better rate in 7 days : 47%. 14 days : 48%. in the Top 22%, the expected gain from waiting is low — risk of missing this level is real.
🔔
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When
Target rate(Now: 11.1683)
Compare money transfers from Belgium to Morocco
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🔍 Compare EUR → MAD providers from Belgium →Frequently Asked Questions
The MoneyGram EUR/MAD rate is currently 11.1683 MAD per 1 EUR. This represents a -1.79% markup on the interbank rate, meaning -98 MAD less on a 500 EUR transfer.
MoneyGram applies a -1.79% markup on the EUR/MAD interbank rate. On 500 EUR, your recipient gets -98 MAD less than the reference rate. Wise typically charges ~0.40% (about 22 MAD less on 500 EUR). MoneyGram's advantage is cash pickup through its agency network, which fully digital services don't offer.
The current rate of 11.1683 MAD is below the 30-day average (11.1683). 30-day range: low 11.1683 (2026-10-28), high 11.1683 (2026-10-28).
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 28 October 2026 · MoneyGram BE → MA