EUR-MAD
Medium Volatility
EUR to MAD Exchange Rate Report
August 2026 Analysis
Average Rate
10.6229
Monthly Change
-1.05%
Best Provider
remitly
Data Points
273
Executive Summary
In August 2026, the EUR to MAD exchange rate weakened, moving from 10.7635 to 10.6500 (-1.05% change).
The average rate across all providers was 10.6229, with rates ranging from 10.3473 to 10.8400. Market volatility was medium during this period.
remitly consistently offered the best rates, making it the recommended provider for this corridor during August.
Rate Range Analysis
Lowest Rate
10.3473
Average Rate
10.6229
Highest Rate
10.8400
Opening: 10.7635Closing: 10.6500
Provider Performance
| Provider | Avg Rate | Min | Max | Days Best |
|---|---|---|---|---|
Best remitly | 10.7918 | 10.7600 | 10.8400 | 27 days |
wise | 10.7672 | 10.7345 | 10.8167 | 4 days |
paysend | 10.6819 | 10.5946 | 10.7847 | |
taptapsend | 10.6816 | 10.6000 | 10.7500 | |
ria | 10.6500 | 10.6500 | 10.6500 | |
pandaremit | 10.6165 | 10.5661 | 10.6794 | |
xe | 10.5863 | 10.4987 | 10.6661 | |
transfergo | 10.5727 | 10.5057 | 10.6317 | |
westernunion | 10.5277 | 10.4847 | 10.5875 | |
ofx | 10.3822 | 10.3473 | 10.4353 |
Best Time to Transfer
Best Day
Monday
Average rate: 10.6363
Avoid
Sunday
Average rate: 10.6016
Based on 273 data points collected throughout August 2026.
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