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Overall best choice: Key Currency
We tested & reviewed dozens of money transfer providers, and Key Currency scored highly.
Key Currency appeared in 100% of Morocco to South Africa searches, and was the top rated company out of 2 that support MAD to ZAR.
So for a great mix of cost, speed & features, make your Morocco to South Africa transfer using Key Currency.
How to get the best deal on your Morocco to South Africa transfer
Summary of recent searches
Important things to consider before sending money from Morocco to South Africa
Don't settle for the first option. Always compare ways to send money from Morocco to South Africa to find out about fees, speed, and reliability.
Our analysis included 2 providers that operate between Morocco and South Africa.
Through this, you get a comprehensive view of all the options you have in Morocco when you need to send money to South Africa.
Cheapest way to send money to South Africa from Morocco: Key Currency
Data collected over the past six months show that Key Currency is 0% cheaper than the second-best option.
The .د.م0 transfer cost represents the most common fee for MAD to ZAR international transfers, based on data from the past six months.
If you want to secure the best rates on a MAD to South Africa transfer, make sure you pick Key Currency to send your money online.
*The most common fee applied to MAD-ZAR by Key Currency, based on data from the past six months.
Fastest way to send money from Morocco to South Africa: Key Currency
Our data shows that Key Currency came up as the fastest way to send money from Morocco to South Africa in 100% of searches. This makes them well suited to urgent MAD to ZAR money transfers.
The 'fastest' way to send money is defined by the overall speed of sending money from Morocco to South Africa - this includes deposit, transfer and withdrawal timeframes and often differs per currency.
When speed matters, Key Currency is your best choice at the moment. This service emerged as the quickest way to send money to South Africa from Morocco in 100% of the searches on MoneyTransfers.com over the past six months.
Need to send over $10,000?
Opt for a service proven with large transfers when size matters. For transfers over $10,000, your best bet is Key Currency.
While Key Currency may not always be the cheapest or fastest way to send MAD from Morocco to South Africa, it’s the provider that will keep you safe and relaxed while your money moves into ZAR.
Understanding the costs involved when moving money from Morocco to South Africa
When calculating the costs of money transfers between Morocco and South Africa, here's what really matters:
The Mid-Market Rate: Today, the MAD-ZAR mid-market rate equals to 1.875318. Keep in mind that this rate fluctuates all the time.
The MAD-ZAR average exchange rate of the past three months has been 1.8875, with a highest of 1.8964 and a lowest of 1.865.
When in doubt, use Key Currency. On average, Key Currency hovers just 0.22% above the mid-market rate.
Fees and Markups: That's where Key Currency shines, combining the best of both worlds: excellent MAD to ZAR rates that are only 0.22% away from the average. That's savvy transferring for you.
How to find the best exchange rate for Moroccan Dirham to Rand
Timing is essential sending money between MAD and ZAR. The exchange rate you secure impacts how much ZAR you get for your MAD.
Let's dive into some interesting recent trends.
Over the past six months, the exchange rate from MAD to ZAR has seen some fluctuation. On average, it stood at 1.8875.
During this period, the highest value recorded was 1.8964, while the lowest was 1.865.
Key Currency, which is our recommended service to send money online from Morocco to South Africa offers an exchange rate that is only 0.22% above the mid-market rate.
Want to secure the best MAD-Rand exchange rates?
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Payment methods available to fund your Morocco to South Africa transfer
Bank transfers
Traditional bank transfers are often the default option for sending money from Morocco to South Africa.
By using a money transfer company, you can still send a bank transfer, but avoid many of the downsides.
Using Key Currency for sending money online from Morocco to South Africa, you can save a lot of money on fees. With an average fee of MAD0 to send money from Morocco to South Africa, Key Currency offers a great combination of competitive exchange rates and lower fees.
You can make a bank transfer, funding your Key Currency account, as this offers the best service to send MAD to South Africa with this payment method.
In the past six months Key Currency received an impressive 100% recommendation rate for bank transfers payments between Morocco and South Africa.
Debit and prepaid cards
Sending money from Morocco to South Africa with a debit or a prepaid card is very simple with Wise.
Wise is a leader in debit card payments for transfers from Morocco to South Africa, competing among a total of 2 active money transfer companies on this route. They consistently rank at the top in this category.
Our data show that Wise was best in this area with a 100% recommendation rate over the past six months.
Credit cards
When it comes to credit card transfers, Wise emerges as our top choice.
Among 2 companies offering this service, our comparison engine's last six months of data on MAD to ZAR searches show Wise has been ranked as the best provider.
They have an impressive 100% recommendation rate for this payment method.
Fee alert: 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.
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 document.
Money transfer company reviews
