Remitly CAD/MAD rate from Canada to Morocco
From
To
Provider
CAD/MAD — Remitly vs Interbank
Interbank rate
Current rate
7.0066
Reference rate
6.9088
ECB reference
Period min
7.0066
Period max
7.0066
Interbank rate
Remitly MAD
Margin : -1.42%
Loss / 500 CAD : -49 MAD
Cash network : CashPlus, Wafacash, Chaabi Cash, DirhamExpress, Banque Populaire, CanalM
Remitly Fees — Cash pickup
| Amount sent | Fee |
|---|---|
| 0 CAD and above | 1.99 CAD |
⚡Speed : Minutes
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Conversion Table — Remitly CAD → MAD · Cash pickup
| Sent | Received | Fee |
|---|---|---|
| 1 CAD | 7.01 MAD | Fee : 1.99 CAD |
| 10 CAD | 70.07 MAD | Fee : 1.99 CAD |
| 20 CAD | 140 MAD | Fee : 1.99 CAD |
| 50 CAD | 350 MAD | Fee : 1.99 CAD |
| 100 CAD | 701 MAD | Fee : 1.99 CAD |
| 200 CAD | 1 401 MAD | Fee : 1.99 CAD |
| 300 CAD | 2 102 MAD | Fee : 1.99 CAD |
| 500 CAD | 3 503 MAD | Fee : 1.99 CAD |
| 1,000 CAD | 7 007 MAD | Fee : 1.99 CAD |
| 2,000 CAD | 14 013 MAD | Fee : 1.99 CAD |
| 5,000 CAD | 35 033 MAD | Fee : 1.99 CAD |
* Indicative rate, fees included — verify on provider website.
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Target rate(Now: 7.0066)
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🔍 Compare CAD → MAD providers from Canada →Frequently Asked Questions
The Remitly CAD/MAD rate is currently 7.0066 MAD per 1 CAD. This represents a -1.42% markup on the interbank rate, meaning -49 MAD less on a 500 CAD transfer. Cash pickup: Minutes (CashPlus, Wafacash, Chaabi Cash, DirhamExpress, Banque Populaire, CanalM). Bank transfer: 1-2 business days.
Remitly applies a -1.42% markup on the CAD/MAD interbank rate. On 500 CAD, your recipient gets -49 MAD less than the reference rate. Wise typically charges ~0.40% (about 14 MAD less on 500 CAD). Remitly's advantage is cash pickup through its agency network, which fully digital services don't offer.
The current rate of 7.0066 MAD is below the 30-day average (7.0066). 30-day range: low 7.0066 (2026-11-10), high 7.0066 (2026-11-10).
Over 1.5 million Moroccans live in France — the world's largest MRE remittance corridor.
Data updated on 10 November 2026 · Remitly CA → MA