Remitly EUR/MAD rate from Belgium to Morocco
From
To
Provider
EUR/MAD — Remitly vs Interbank
Interbank rate
Current rate
11.1200
Reference rate
10.9721
ECB reference
Period min
11.1200
Period max
11.1200
Interbank rate
Remitly MAD
Margin : -1.35%
Loss / 500 EUR : -74 MAD
Cash network : CashPlus, Wafacash, Chaabi Cash, DirhamExpress, Banque Populaire, CanalM
Remitly Fees — Cash pickup
| Amount sent | Fee |
|---|---|
| 0 EUR and above | 1.99 EUR |
⚡Speed : Minutes
PromotionNo fees on your first transfer, 10€ discount IDEALREMIT code
🎁 No fees on your first transfer, 10€ discount IDEALREMIT code
Available for new customers. No promo code needed.
Conversion Table — Remitly EUR → MAD · Cash pickup
| Sent | Received | Fee |
|---|---|---|
| 1 EUR | 11.12 MAD | Fee : 1.99 EUR |
| 10 EUR | 111 MAD | Fee : 1.99 EUR |
| 20 EUR | 222 MAD | Fee : 1.99 EUR |
| 50 EUR | 556 MAD | Fee : 1.99 EUR |
| 100 EUR | 1 112 MAD | Fee : 1.99 EUR |
| 200 EUR | 2 224 MAD | Fee : 1.99 EUR |
| 300 EUR | 3 336 MAD | Fee : 1.99 EUR |
| 500 EUR | 5 560 MAD | Fee : 1.99 EUR |
| 1,000 EUR | 11 120 MAD | Fee : 1.99 EUR |
| 2,000 EUR | 22 240 MAD | Fee : 1.99 EUR |
| 5,000 EUR | 55 600 MAD | Fee : 1.99 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 (Remitly, 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.
✅
Good time to send — rate in the top 9% of history
The Remitly EUR/MAD rate is at 11.12 MAD today, better than 91% of recorded days since June 2024. You are -0.5% from the all-time high (11.06 MAD, 9 mars 2026).
The Remitly EUR/MAD rate is at 11.12 MAD today, better than 91% of recorded days since June 2024. You are -0.5% from the all-time high (11.06 MAD, 9 mars 2026).
Current Remitly rate
11.12 MAD
▲ +3.54% / 7 days
Historical percentile
Top 9%
Better than 91% of recorded
All-time high
11.06 MAD
9 mars 2026
Promo bonus included
+0.38 MAD
+3.5% vs base
Rate position over 2 years of Remitly France→Morocco history
Lowest : 10.36 (13 jan 2025)Current : 11.12 MADHighest : 11.06 (9 mars 2026)
BadAverageGoodExcellent
Monthly EUR/MAD Remitly rate — 24 months
Monthly average rate
Monthly min / max
Insights — 672 days of history Remitly 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 +1.87% over 3 months. Since the low of 10.36 MAD (13 jan 2025), gain of +380 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.
🎁Remitly promo bonus : +0.38 MAD (+3.5%) above base rate. This bonus varies by active campaigns.
⚖️Probability of a better rate in 7 days : 75%. 14 days : 83%. in the Top 9%, the expected gain from waiting is low — risk of missing this level is real.
🔔
Remitly EUR/MAD Rate Alert
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Target rate(Now: 11.1200)
Compare money transfers from Belgium to Morocco
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🔍 Compare EUR → MAD providers from Belgium →Frequently Asked Questions
The Remitly EUR/MAD rate is currently 11.1200 MAD per 1 EUR. This represents a -1.35% markup on the interbank rate, meaning -74 MAD less on a 500 EUR transfer. Cash pickup: Minutes (CashPlus, Wafacash, Chaabi Cash, DirhamExpress, Banque Populaire, CanalM). Bank transfer: 1-2 business days.
Remitly applies a -1.35% markup on the EUR/MAD interbank rate. On 500 EUR, your recipient gets -74 MAD less than the reference rate. Wise typically charges ~0.40% (about 22 MAD less on 500 EUR). Remitly's advantage is cash pickup through its agency network, which fully digital services don't offer.
The current rate of 11.1200 MAD is below the 30-day average (11.1200). 30-day range: low 11.1200 (2026-10-28), high 11.1200 (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 · Remitly BE → MA