Send & Receive Cross-border Payments Globally. Cedar App
Home ng compare currencies best-mad-exchange-rates

Best Moroccan Dirham exchange rates in Nigeria

Compare today’s best exchange rate for Moroccan Dirham. We compare live prices for currency exchange providers in Nigeria — so you can get the best value for your money.

1 MAD = 152.4403234 NGN Mid-market exchange rate Sat, Dec 28 2024 3:00:08 PM
We should have shown you rates from other market providers – we haven’t gotten to them all yet.

How to get the best Moroccan Dirham rate in Nigeria

We collect rates from the most popular currency exchange providers — so you don’t have to.

We want to bring you the best MAD/NGN rate possible, so we compared the rates for exchanging Moroccan Dirham in Nigeria.

However, note that converting, sending a money transfer, or trading MAD/NGN may cost extra fees based on the provider you used.

Why does getting a good Moroccan Dirham exchange rate in Nigeria matter?

The lower the rate of converting NGN to MAD, the more Moroccan Dirham for you. The higher the rate of converting MAD to NGN, the more money for you. That’s why it’s important to compare multiple rates from different market providers before you convert your money.

When exchanging currencies, banks or exchange providers usually add hidden markups in the exchange rate. Some may also charge extra conversion or trading fee. So you end up getting less money.

You should always look for the best possible exchange rate, this will save you some extra money.

Waiting for the best rate to exchange Moroccan Dirham in Nigeria

Knowing when to exchange MAD can be tricky. Exchange rates are often volatile, as they react to economic and political events. And rates move so quickly — when you find the right time, how do you grab it?

Follow us on Twitter or join our Telegram for rate alerts, and you’ll get live updates.

About MAD/NGN

MAD is the currency code of Moroccan Dirham. NGN is the currency code of Nigeria Naira. Nigeria Naira is the official currency of Nigeria. MAD/NGN is the exchange market of Moroccan Dirham and Nigerian Naira.

$1 = ₦1650