EUR-MAD
Medium Volatility
EUR to MAD Exchange Rate Report
May 2026 Analysis
Average Rate
10.5914
Monthly Change
+1.51%
Best Provider
remitly
Data Points
274
Executive Summary
In May 2026, the EUR to MAD exchange rate strengthened, moving from 10.4504 to 10.6077 (+1.51% change).
The average rate across all providers was 10.5914, with rates ranging from 10.2885 to 10.8800. Market volatility was medium during this period.
remitly consistently offered the best rates, making it the recommended provider for this corridor during May.
Rate Range Analysis
Lowest Rate
10.2885
Average Rate
10.5914
Highest Rate
10.8800
Opening: 10.4504Closing: 10.6077
Provider Performance
| Provider | Avg Rate | Min | Max | Days Best |
|---|---|---|---|---|
Best remitly | 10.7687 | 10.7100 | 10.8800 | 29 days |
wise | 10.7448 | 10.6915 | 10.8514 | 2 days |
taptapsend | 10.6713 | 10.6200 | 10.7700 | |
moneygram | 10.6382 | 10.5866 | 10.6716 | |
paysend | 10.6088 | 10.5817 | 10.6470 | |
pandaremit | 10.5914 | 10.5161 | 10.7081 | |
transfergo | 10.5463 | 10.4711 | 10.6560 | |
xe | 10.5190 | 10.3665 | 10.6725 | |
westernunion | 10.5135 | 10.4305 | 10.5970 | |
ofx | 10.3566 | 10.2885 | 10.4504 |
Best Time to Transfer
Best Day
Monday
Average rate: 10.6107
Avoid
Saturday
Average rate: 10.5732
Based on 274 data points collected throughout May 2026.
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