Unlike many banks and bureaux de changes we are transparent with our Moroccan Dirham pricing. You have direct access to the live GBP/ MAD interbank exchange rate so it's easier for you to compare and see the savings you make using our buy back service. Compare our buy back rates and see how much you could save.
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You sell us
1 GBP = Your exchange rate
Low cost fee 0.00%
1 GBP = Real exchange rate
You get British pounds
GBP
Last updated on
Source: compareholidaymoney.com
You sell us
You get British pounds
GBP
| You Sell | Exchange rate | You Receive (After fees) |
You could save | |
|---|---|---|---|---|
*We capture the exchange rates being offered by airports and high street providers once a month and calculate what spread they are taking off the live interbank rate. We then compare that to what rates we are offering to calculate the savings you can make if you use us.
*Your potential saving has been calculated using our exchange rate and the most expensive provider's rate in the market at a given point in time.
Once your currency buy back order is placed, you will be provided with an indicative captured interbank exchange rate and our fee
Please make sure the item has been insured to correct value in the event of loss or theft and keep hold of the tracking ID.
Send to the following address: TCC, PO BOX 66831, London, W27TB
the real exchange rate and our fee will be applied at the time we process your order. We shall then make payment to the bank account details you have provided.
Ideally, whenever you are buying or selling Moroccan Dirham it is always a good idea to research where the interbank exchange rate is. The interbank exchange rate gives you a guide as you want to transact as closely to it as possible. For ease, we always show what the mid market rate is on our currency converters.
In a nutshell, when you are selling back Moroccan Dirham and converting to GBP you want to do so when the Moroccan Dirham is strong against British Pound. This way you will get more British Pound for every Moroccan Dirham sold. If you are buying Moroccan Dirham the reverse applies and you should try to buy when Moroccan Dirham weak against the British Pound since this would mean more Moroccan Dirham for every British Pound you spend.
Choose the smarter way to sell Moroccan Dirhams with The Currency Club!
Dirham is the official currency of Morocco since 1960. The Bank Al-Maghrib is responsible for issuing and circulating this currency. The Moroccan dirham is available in both banknotes and coins. 'Dirham' is derived from the Greek currency, known as the 'drachma' and 1 Moroccan dirham is subdivided into 100 cents.
Official name - Moroccan Dirham
Code - MAD
Symbol - DH
Subunit - Centime
Unofficial users - Ceuta, Spain, Melilla
Banks and bureaux de change are the two conventional methods by which you can sell your leftover Moroccan Dirham. However, these organisations are notorious for charging hidden fees and hefty exchange rates for Moroccan Dirhams. Moreover, they come with a fixed exchange rate for the day. You will anyway have to settle for their terrible conversion charges even when the market exchange rates improve. So, either way, you get a lower value for the currency with banks and bureaux de change.
Thus, it is better to sell your leftover Moroccan Dirham online. Although online currency exchange providers significantly charge lower exchange rates, you can still be subjected to hidden fees. Hence, it is best to ensure that the company of your choice practices a transparent transaction process alongside providing access to the live interbank rates.
Transparency lies at the core of The Currency Club. We are the first-ever online company in the UK to offer access to the live interbank rates alongside our live exchange rates for Moroccan Dirhams. You can therefore compare our rates with the market rates and make a smarter decision.
Additionally, our buy back rates are the lowest in the market. So, you get the most possible amount against your MAD at the moment. Our services are not just limited to cash. You can sell leftover Moroccan Dirham that you have in your account as well.
The value of MAD depends on the current exchange rates for Moroccan Dirham. This means the exchange rates from GBP to MAD has to be lower to fetch a higher value in exchange. If you want to know the exact value for Pounds against selling your Moroccan Dirhams, refer to our currency converter on the buy back page.
The best way to find the lowest GBP to MAD exchange rate is by comparing all the viable options online. You can easily compare our rates with other companies in the market by visiting our dedicated compare us page.
When looking for any buy back service, check if the currency provider offers complete transparency and access to the live interbank rates. This way, you can find out the spread levied by each service provider on their exchange rates.
If so please visit Sterling FX for exceptional sell Moroccan Dirham branch rates - www.sterlingfx.co.uk/london-branch
We are pleased to announce that, starting from 16-Sep-2024, our international payments service for corporate clients will be managed by our sister company, Sterling FX. The Currency Club platform will now focus more on private clients, while Sterling FX will continue to cater to institutional business needs.
Please note that, aside from being redirected to the Sterling FX website, the following will remain unchanged:
You can continue to log in using your existing credentials.
You will continue to work with the same points of contact. All our team members are being retained in their current roles.
The agreed fixed margins on your account will remain the same.
The services we have provided to you thus far will continue to be offered by Sterling FX. The only differences will be slight changes to the interface, such as the website, logo, and color scheme.
We are excited to continue doing business with you and greatly appreciate your ongoing partnership.
As always should you have any questions, please feel free to get in touch on +44(0) 207 723 7000.
We are pleased to announce that, starting from 16-Sep-2024, our international payments service for corporate clients will be managed by our sister company, Sterling FX. The Currency Club platform will now focus more on private clients, while Sterling FX will continue to cater to institutional business needs.
Please note that, aside from being redirected to the Sterling FX website, the following will remain unchanged:
You can continue to log in using your existing credentials.
You will continue to work with the same points of contact. All our team members are being retained in their current roles.
The agreed fixed margins on your account will remain the same.
The services we have provided to you thus far will continue to be offered by Sterling FX. The only differences will be slight changes to the interface, such as the website, logo, and color scheme.
We are excited to continue doing business with you and greatly appreciate your ongoing partnership.
As always should you have any questions, please feel free to get in touch on +44(0) 207 723 7000.
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