MoneyGram EUR/MAD rate from Spain to Morocco
From
To
Provider
EUR/MAD — MoneyGram vs Interbank
Interbank rate
Current rate
11.0523
Reference rate
10.9379
ECB reference
Period min
11.0523
Period max
11.0523
Interbank rate
MoneyGram MAD
Margin : -1.05%
Loss / 500 EUR : -57 MAD
Cash network : Moneygram, Wafacash, Cashplus, Al Barid Cash & Bank
MoneyGram Fees — Cash pickup
| Amount sent | Fee |
|---|---|
| 0 EUR — 100.01 EUR | 1.49 EUR |
| 100.01 EUR — 300.01 EUR | 2.49 EUR |
| 300.01 EUR and above | 2.99 EUR |
⚡Speed : Minutes
PromotionFirst transfer FREE
🎁 First transfer FREE
Available for new customers. No promo code needed.
Conversion Table — MoneyGram EUR → MAD · Cash pickup
| Sent | Received | Fee |
|---|---|---|
| 1 EUR | 11.05 MAD | Fee : 1.49 EUR |
| 10 EUR | 111 MAD | Fee : 1.49 EUR |
| 20 EUR | 221 MAD | Fee : 1.49 EUR |
| 50 EUR | 553 MAD | Fee : 1.49 EUR |
| 100 EUR | 1 105 MAD | Fee : 1.49 EUR |
| 200 EUR | 2 210 MAD | Fee : 2.49 EUR |
| 300 EUR | 3 316 MAD | Fee : 2.49 EUR |
| 500 EUR | 5 526 MAD | Fee : 2.99 EUR |
| 1,000 EUR | 11 052 MAD | Fee : 2.99 EUR |
| 2,000 EUR | 22 105 MAD | Fee : 2.99 EUR |
| 5,000 EUR | 55 262 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
10.83 MAD
▲ +0.48% / 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 : 10.83 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 +298 MAD on 500 €.
📅Day 7–11 of the month offer 54 MAD more on 500 € vs 28–31. Today = day 16 → 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: 11.0523)
Compare money transfers from Spain to Morocco
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🔍 Compare EUR → MAD providers from Spain →Frequently Asked Questions
The MoneyGram EUR/MAD rate is currently 11.0523 MAD per 1 EUR. This represents a -1.05% markup on the interbank rate, meaning -57 MAD less on a 500 EUR transfer. Cash pickup: Minutes (Moneygram, Wafacash, Cashplus, Al Barid Cash & Bank). Bank transfer: 1-3 business days.
MoneyGram applies a -1.05% markup on the EUR/MAD interbank rate. On 500 EUR, your recipient gets -57 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 11.0523 MAD is below the 30-day average (11.0523). 30-day range: low 11.0523 (2026-09-16), high 11.0523 (2026-09-16).
Over 1.5 million Moroccans live in France — the world's largest MRE remittance corridor.
Data updated on 16 September 2026 · MoneyGram ES → MA