How to send money to Nigeria from Morocco with the best MAD-NGN rate
Find money transfer deals for sending money from Morocco to Nigeria. Compare the cheapest, fastest, and most reliable providers with the best MAD to NGN exchange rates.
Read on for the best deals, expert information, and easiest ways to send money to Nigeria from Morocco.
"Western Union agents help you send money from a wide variety of countries. Find a local branch near you to deposit cash and send your funds abroad."
"Western Union agents help you send money from a wide variety of countries. Find a local branch near you to deposit cash and send your funds abroad."
"With MoneyGram you can send money globally. Find a local MoneyGram branch near you to deposit and send cash abroad."
"With MoneyGram you can send money globally. Find a local MoneyGram branch near you to deposit and send cash abroad."
"If you and the person you are sending money to both have PayPal apps, you can quickly and easily send money between each other."
"If you and the person you are sending money to both have PayPal apps, you can quickly and easily send money between each other."
Alternative for Morocco to Nigeria
While you can’t send MAD to NGN with Wise, you can transfer USD to USD.
"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."
"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."
"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."
In our experience, there are always efficiencies to be made in how businesses manage international payments in and out.
Why not take our free FX health check test to see how effective your business is in managing these. It only takes a couple of minutes.
The best way to send money from Morocco to Nigeria is using PayPal P2P transfer service.
With P2P transfers, if you and your recipient both have the PayPal app, you can send money between them.
You will initiate the transfer in MAD and your recipient will receive the NGN into their PayPal account.
The downside of this, is that PayPal charges higher fees and the withdrawal options can be limited depending.
How to get the best deal on your Morocco to Nigeria money transfer
Always compare rates
Don't pay more than you have to. Use our live comparison tool to get the best exchange rates on sending money from Morocco to Nigeria.
Choose a provider
Select the provider that offers you the best value and timeframes for transfers between Morocco and Nigeria.
Click, sign up & send
Follow the steps & make your transfer to Nigeria. Your funds will be sent from Morocco and converted into Naira.
Summary of recent searches
Considerations for money transfers from Morocco to Nigeria
Comparing providers offering services between Morocco and Nigeria, based on your specific needs is the best way to send money with confidence.
Our comparison includes 3 companies that provide the ability to send Moroccan Dirham to Nigeria.
This ensures you get the best options for transfers to Nigeria from Morocco, based on the amount you want to send.
The cheapest way to send money to Nigeria from Morocco is to send cash via Western Union Agent.
Generally speaking, sending cash is more expensive than using the online transfer, however, after looking at 100+ money transfer companies, there aren’t many options servicing MAD/NGN.
The main cost is made up of the fee (around 3 MAD) and the exchange rate markup added on top.
However, this heavily depends on which branch you use, and how much MAD you are sending.
The fastest way to send money to Nigeria from Morocco is to use cash transfer via MoneyGram Agent
In most cases cash transfers with MoneyGram are instant, and your recipient will be able to collect NGN in minutes.
However, depending on how much you send, it can take a bit longer (up to a day) due to the processing time.
With the limited number of money transfer companies servicing MAD/NGN, cash transfer with MoneyGram is the fastest way.
Transfer a large amount of money
Western Union Agent is the best rated company for sending large amounts of Naira to Nigeria out of 3 companies offering the service.
Whether for a property purchase, or for business, sending large amounts of money to Nigeria from Morocco has the potential to be very expensive.
Western Union Agent is our choice for big transfers to MAD because of all round price, speed and management when making large transfers.
Understanding the cost of sending money to Nigeria from Morocco
The cost of sending money from Nigeria to Nigeria, is made-up of a combination of fees and exchange rates:
The Mid-Market and Exchange Rates: The mid-market rate determines a mid-price for buying currency. The current mid-market rate from MAD-NGN is 157.8579 NGN per Moroccan Dirham.
Finding a provider offering an exchange as close to 157.8579 as possible will ensure more Naira received when transferring.
For context, the MAD-NGN mid-market rate for the past 7 days has averaged 157.095 NGN per Moroccan Dirham. This includes a high of 157.8579, and low of 156.6143.
Western Union Agent currently offers the best exchange rate on transfers from Morocco to Nigeria.
For the most part the MAD-NGN exchange rate you receive is the biggest factor impacting the cost of sending MAD to Nigeria.
Fees: Outside of exchange rates, you may need to pay a fee to send. Western Union Agent currently offers the lowest fees on transfers to Nigeria from Morocco. They charge 3 MAD per transfer.
Although this does include large transfers as well, we recommend searching for your exact send amount for an exact fee.
Amount Received: The amount received in Naira is the amount you started with, minus the amount you paid in the exchange and fees.
The better deal you get on exchanging Moroccan Dirhams to NGN, paired with a low fee, means a higher total amount received in Nigeria.
How to get the best exchange rate for Moroccan Dirham to Naira
Getting the best exchange rate essential for sending money between MAD and NGN. The exchange rate you secure impacts how much NGN you get for your MAD.
Here is how the currency has performed recently.
Over the past 7 days, the mid-market from MAD to NGN has been 157.095.
During this period, the highest value was 157.8579, while the lowest was 156.6143.
Western Union Agent, which is our recommended choice to send money online from Morocco to Nigeria offers an exchange rate that is only 5% above the mid-market rate.
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How to pay for money transfers between Morocco and Nigeria
Bank transfers
Bank transfers are often fastest, cheapest and best way to send money from Morocco to Nigeria.
Using a money transfer company such as Western Union Agent for transfers from Morocco to Nigeria, will mean being able to send money via a bank transfer while benefiting from lower fees and more favorable exchange rates.
On average, Western Union Agent is the cheapest provider for bank transfers of the 3 we compared for transfers from MAD to Nigeria.
To send money from Morocco to Nigeria, Western Union Agent has a fee of 3 MAD.
Debit cards and prepaid options
Sending money from Morocco to Nigeria with a debit card or a prepaid card is very simple with Western Union Agent.
Western Union Agent is the cheapest option for sending money with a debit card between Morocco and Nigeria. This is of the 3 money transfer companies offering debit card payments on this route.
Credit cards
When it comes to credit card transfers from Morocco to Nigeria, we to get the best deal.
Be aware of fees: using a credit card to transfer money often results in a fee being charged by your card issuer. That's why we recommend bank transfer or debit card instead.
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Nigeria and Morocco.
Our comparison engine and algorithms evaluate providers based on over 25 factors, including transfer fees, ease of use, exchange rates, mobile apps, transfer times & customer support.
We also consider how these services are rated on platforms like TrustPilot, AppStore, and Google Play, giving you a comprehensive view of what to expect.
This thorough analysis helps you get the best available deal - every time you want to move money from Morocco to Nigeria.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send MAD to NGN.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy and review methodology.
Related transfer routes
Send money from Morocco
Send money to Nigeria
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Can I send money from Morocco to Nigeria with MoneyTransfers.com?
What are the typical transfer fees for sending Moroccan Dirhams to Nigeria through various providers?
How long does it take to send money from Morocco to Nigeria?
What is the best exchange rate I can get for sending money from Morocco to Nigeria?
Are there any minimum or maximum transfer amounts for sending money from Morocco to Nigeria?
Can I schedule regular transfers between Morocco and Nigeria?
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