FAQs - Moroccan Dirham - American Dollar exchange
Are you going to change currency moroccan dirham - american dollar and you have doubts? Look for the answer below and if you can't find it, contact us free of charge on +212 800 094 444 and we will help you. 1) What is the exchange rate moroccan dirham - american dollar?
2) Will I be charged a commission for changing moroccan dirham to american dollar?
Exchange rates fluctuate daily so you can check today's rate on this website or at one of our offices.
3) Do I get the same moroccan dirham to american dollar exchange rate in this website or in any of your branches?
No additional commissions are applied to any of our operations, so only the exchange rate in force at the time of the transaction will be applied to your transaction. Remember that when you book online, we guarantee you the best price.
4) How will you deliver my american dollars online booking?
No, the exchange rate applied on the website and the one that appears in our offices is different. When you make your booking on our website, we guarantee you the best exchange rate. However, if on the day you go to collect your booking the exchange rate published in our offices is better than the one applied to your booking, we will apply the most favourable rate for you.
5) Why does the moroccan dirham to american dollar exchange rate seem cheaper and more attractive in the Internet than in exchange businesses, including Global Exchange?
After booking your money for your trip online, you can pick it up at one of our offices at the airports in Morocco.
As well as getting a better price for your online exchange (more currency to travel with for the same money), this service saves time and reduces the anxiety of having the currency you need when travelling to another country with a different exchange rate.
6) Which is the difference between changing moroccan dirham to american dollar with Global Exchange and a bank?
Internet converters publish the reference exchange rate. However, this is an exchange rate that is not available to private customers, as it is used for wholesale transactions or transactions between companies in the financial sector. For this reason, you will never find the same exchange rate published in the converters, but rather the one that each company has set according to the characteristics of its service.
7) What is the difference between the currency market and currency exchange?
Unlike banks, which usually apply an exchange rate and an additional fee, at Global Exchange we only apply an exchange rate, without any additional fees. In addition, we offer you immediate availability of your currency during long opening hours, whereas the bank not only has shorter opening hours, but also, in many cases, you will have to request the currency well in advance.
The foreign exchange market (or "Forex", short for Foreign Exchange) is the market that establishes the value of currencies for international transactions, at the wholesale level. On the other hand, currency exchange offers currencies to the general public at a certain price according to demand. In addition, currency exchange involves the physical movement of cash quantities of currency, with more costs, and as a result its prices are "worse" than those of the currency market, which involves only movements between bank accounts.