Ramadan 2026: The Best Exchange Rates for Your Transfers
Ramadan is the most intense period for Moroccans Residing Abroad (MRE) sending money to Morocco. The demand for dirhams explodes, which directly influences exchange rates. Here is how to anticipate the market and save money.
📅 Ramadan 2026: Key Dates
Ramadan 2026 is expected to begin in early February 2026 (subject to moon sighting). It is essential to plan your transfers 1 to 2 weeks before the start to benefit from the best exchange rates.
📈 Why Rates Change During Ramadan
Several phenomena combine during Ramadan:
- Surge in Dirham demand: MREs send money massively to their families for Ramadan expenses (groceries, iftar, gifts).
- Pressure on the rate: This high demand can slightly depreciate the Euro against the Dirham for a few days.
- Rising fees: Some transfer services take advantage of the peak season to increase their commissions.
Monitor the rate before Ramadan
Send money when the EUR/MAD rate is most advantageous
Check Deviz.ma Rates →💡 5 Tips for Ramadan 2026
- Send before Ramadan begins: 1 to 2 weeks prior, rates are generally more stable and services are less congested.
- Avoid the final week: Right before Eid al-Fitr, demand peaks again and rates become less favourable.
- Use Deviz.ma: Check the official rate daily to spot the best window.
- Compare services: Western Union and MoneyGram fees often spike during Ramadan. Digital apps like Wise usually maintain stable pricing.
- Split your transfers: If possible, send in 2 or 3 batches to catch favourable rate peaks.
🌙 Deviz Tip for Ramadan
Start monitoring the EUR/MAD rate 3 weeks before Ramadan. Note the rate daily and send as soon as you observe a favorable peak. Historically, Tuesdays and Wednesdays are the best days for transfers.