MoneyTransfers

How to send money to South Africa from Morocco with the best MAD-ZAR rate

Find the best deals when you transfer from Morocco to South Africa. Get insights on the fastest, cheapest, and providers with the best MAD to ZAR exchange rates.

Read on to get the best value, expert information, and analysis on ways to send money to South Africa from Morocco.

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August 16th, 2025
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MAD
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ZAR
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.د.م
Best money transfer companies

Send money from Morocco to South Africa

Last updated: Today
Mid-market rate as of 08/16/2025: 1 MAD = 1.953167 ZAR
Results below are based on a 70000 MAD search
0 of 5 providers
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Regency FX
Recipient gets (ZAR)
R 136,352.54
Full transfer details
Visit Regency FX
R 3,733 better than a typical bank*

"Regency's UK-based account management team has vast experience. Get support on all kinds of transfers, from overseas property transactions to business payments & more."

Personal account manager
Multi-currency card
Receive to bank account
Professional, personal service
Sponsored
Exclusive: Special Rate for 1st Transfer
Key Currency
Recipient gets (ZAR)
R 136,379.89
Full transfer details
Visit Key Currency
R 3,760 better than a typical bank*

"Key Currency offers a personal service with a dedicated account manager. There are no transfer limits or fees which is perfect for larger send amounts."

Personal account manager
Multi-currency card
Receive to bank account
Live Rates
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Exclusive: Special Rate for 1st Transfer
1
Key Currency
Recipient gets (ZAR)
R 136,379.89
Full transfer details
Visit Key Currency
R 3,760 better than a typical bank*

"Key Currency offers a personal service with a dedicated account manager. There are no transfer limits or fees which is perfect for larger send amounts."

Personal account manager
Multi-currency card
Receive to bank account
Exclusive: First Transfer Deal
2
Regency FX
Recipient gets (ZAR)
R 136,352.54
Full transfer details
Visit Regency FX
R 3,733 better than a typical bank*

"Regency's UK-based account management team has vast experience. Get support on all kinds of transfers, from overseas property transactions to business payments & more."

Personal account manager
Multi-currency card
Receive to bank account
Professional, personal service
Mid-market rate updates every 60 minutes
Estimated Rates
We don't have access to live rates from these companies. Instead, we've researched their average exchange rates and fees.
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Overall best option: Key Currency

Key Currency is our recommended company for sending money to South Africa from MAD.

Of the 5 companies that support MAD to ZAR, Key Currency offered the best combination of cost and speed.

Sending 70,000 MAD to ZAR will cost you .د.م0 in fees, and you will receive 136,379.89 ZAR. The delivery time usually is minutes - 3 days, but can be longer depending when you make the transfer.

So for a great mix of cost, speed & features, send Moroccan Dirhams to South Africa using Key Currency.

Key Currency is the top rated company for sending money from Morocco (MAD) to South Africa (ZAR) - Key Currency Screenshot

Compare for the best deal on your Morocco to South Africa transfer

Summary of recent searches

Top rated for transfers from Morocco to South Africa
Key Currency
Total number of MA - ZA providers
5
Average cheapest fees & rate
Key Currency
Average fastest transfer
Regency FX
Average transfer time
Within minutes
Best for bank transfers
Key Currency

Transfer consider from Morocco to South Africa

1
Compare available providers

A comparison of providers offering services between Morocco and South Africa is paramount. Based on your specific transfer amount, the best way to send money to South Africa could change. Comparing ensures the best price for your needs.

For services allowing you to send Moroccan Dirham to South Africa we've compared 5 providers.

This coverage of the market ensure you will get the best options for your transfer to South Africa from Morocco.

Overall, we rated Key Currency as the best, but remember comparing for your specific transfer gives you a comprehensive view of all the options for transferring money from Morocco to South Africa.

2
Getting the best Moroccan Dirham-Rand exchange rate
3
Choose the right payment method
4
Financial regulators
5
Consider transfer limits
6
Consider how the money will be received
7
Have your ID ready
8
Tax declarations in South Africa

Cheapest way to transfer money to South Africa from Morocco: Key Currency

Key Currency offers a combination of the lowest fees and best exchange rates - making it the cheapest transfer service for sending Moroccan Dirham to South Africa.

Of the 5 providers compared, data shows that Key Currency is 0.02% cheaper than the second-best option.

The is cost is made up of an average MAD-ZAR exchange rate that is 0.25% different to the mid-market rate and an average fee of 0* MAD.

If you want to secure the best rates on a MAD to South Africa transfer, Key Currency will result in the most Rand received.

Key Currency is the cheapest way to send money from Morocco (MAD) to South Africa (ZAR) - Key Currency Screenshot

Fastest way to transfer money to South Africa from Morocco: Regency FX.

We tested 5 companies offering transfers from Morocco to South Africa and Regency FX offered the quickest option.

For example, if you send .د.م70,000 with Regency FX to South Africa now, the transfer time is minutes - 24 hours.

This can vary depending on your needs, smaller transfers to South Africa are likely to arrive quicker.

When using Regency FX to send money from Morocco to South Africa you can expect a fee of 0 MAD. Although we would recommend comparing the amount you want to send.

When testing the 'fastest' options we compared 5 money transfer providers. To test overall speed of sending money from Morocco to South Africa we included the timeframe for depositing Moroccan Dirham to a money transfer account and average transfer times to South Africa.

When sending money to South Africa from Morocco quickly is a priority, Regency FX is our recommended choice.

Need to make a large transfer?

For big transfers between Morocco and South Africa, competitive pricing & strong customer service are key.

Key Currency is the best option for large transfers of the
5 providers compared.

While Key Currency may not always be the cheapest or fastest way to send MAD from Morocco to South Africa, it's a great provider for larger transfers for things like buying or selling property.

Understanding the cost of sending money to South Africa from Morocco

The cost of sending money from South Africa to South Africa, 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-ZAR is 1.953 ZAR per Moroccan Dirham.

  • Finding a provider offering an exchange as close to 1.953 as possible will ensure more Rand received when transferring.

  • For context, the MAD-ZAR mid-market rate for the past 7 days has averaged 1.9552 ZAR per Moroccan Dirham. This includes a high of 1.9622, and low of 1.9444.

  • Key Currency currently offers the best exchange rate on transfers from Morocco to South Africa.

For the most part the MAD-ZAR exchange rate you receive is the biggest factor impacting the cost of sending MAD to South Africa.

Fees: Outside of exchange rates, you may need to pay a fee to send. Key Currency currently offers the lowest fees on transfers to South Africa from Morocco. They charge 0 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 Rand 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 ZAR, paired with a low fee, means a higher total amount received in South Africa.

How to get the best exchange rate for Moroccan Dirham to Rand

Getting the best exchange rate essential for sending money between MAD and ZAR. The exchange rate you secure impacts how much ZAR you get for your MAD.

Mid-market Rate
1 
MAD
=
1.952965 
ZAR

Here is how the currency has performed recently.

  • Over the past 7 days, the mid-market from MAD to ZAR has been 1.9552.

  • During this period, the highest value was 1.9622, while the lowest was 1.9444.

  • Key Currency, which is our recommended choice to send money online from Morocco to South Africa offers an exchange rate that is only 0.25% above the mid-market rate.

Want to secure the best MAD-Rand exchange rates?

Sign up for our rate alerts and we'll tell you when it's the best time to move your money from Morocco to South Africa!

How to pay for money transfers between Morocco and
South Africa

  • Bank transfers

    Bank transfers are often fastest, cheapest and best way to send money from Morocco to South Africa.

    Using a money transfer company such as Key Currency for transfers from Morocco to South Africa, will mean being able to send money via a bank transfer while benefiting from lower fees and more favorable exchange rates. 


    On average, Key Currency is the cheapest provider for bank transfers of the 5 we compared for transfers from MAD to South Africa.

    To send money from Morocco to South Africa, Key Currency has a fee of 0 MAD.

  • Debit cards and prepaid options

    Sending money from Morocco to South Africa with a debit card or a prepaid card is very simple with .


    is the cheapest option for sending money with a debit card between Morocco and South Africa. This is of the 5 money transfer companies offering debit card payments on this route.

  • Credit cards

    When it comes to credit card transfers from Morocco to South Africa, we recommend comparing your options 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 South Africa 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 South Africa.


We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send MAD to ZAR.


For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy and review methodology.

Money transfer company reviews

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Are there any minimum or maximum transfer amounts for sending money from Morocco to South Africa?
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Contributors

Keith Hodges
Keith is an experienced Content Specialist with a rich background in both marketing and journalism within the financial sector. At MoneyTransfers.com, Keith plays a pivotal role in driving the business forward and broadening its reach in various international money transfer markets. His expertise is a key factor in the company's expansion and success.
Luke Eales
Luke is the founder and CEO of MoneyTransfers.com, with over 10 years’ experience building consumer products across finance, insurance, and travel. A frequent traveler himself, Luke has hands-on experience testing payment and transfer services globally, giving him a unique perspective on the real-world challenges users face. Luke focuses on the payments sector and foreign exchange markets, as well as personal finance more broadly.
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