Buying Price of Euro in Morocco Today: Buying vs Selling Rate
When checking the price of the Euro in Morocco, you will see two numbers: the buying rate and the selling rate. Which one applies to you? How much will you actually receive? We explain it all.
🔍 Buying vs Selling: Who is buying from whom?
This is the #1 source of confusion. When an exchange bureau displays rates, it’s from their perspective, not yours!
- BUYING Rate: The price at which the bureau buys your Euros. If you arrive in Morocco with Euros, THIS rate applies. It is the LOWER numerical value.
- SELLING Rate: The price at which the bureau sells Euros to you. If you leave Morocco and convert dirhams back to Euros, THIS rate applies.
💡 The Golden Rule
Arriving in Morocco (EUR → MAD)? Look at the
BUYING rate. Higher is better.
Leaving Morocco (MAD →
EUR)? Look at the SELLING rate. Lower is better.
📊 Exchange Spread by Location
The difference between the buying and selling rate is the "spread" (the intermediary's profit margin). Here is how much value you lose per €1,000 exchanged:
| Intermediary | Average Spread | Money Lost per 1000€ |
|---|---|---|
| City Exchange Bureau | 0.5 — 1.5% | 50 — 150 MAD |
| Traditional Bank | 2 — 4% | 200 — 400 MAD |
| Airport / Hotel | 8 — 15% | 800 — 1,500 MAD ! |
Always use the Deviz.ma simulator to check the official buying price of the Euro before completing any transaction to ensure you get a fair deal.
This article is part of
Euro to dirham: the complete guide →By Hed Diou
Hed Diou is behind Deviz.ma, the platform where licensed exchange offices in Morocco compete for each request. He follows partner offices’ rates and customer requests every day.