Today, 1.00 (one) Singapore Dollar is worth 7.16 Moroccan Dirham, ie, $1.00 = MAD7.16. That's because the current exchange rate, to MAD, is 7.16. So, to make Singapore Dollar to Moroccan Dirham conversion, you just need to multiply the amount in SGD by 7.16.
Learn how to get the best Singapore Dollar exchange rate before exchanging your money
The Singapore Dollar is the official Singapore Dollar currency. SGD/MAD represents the value of Singapore Dollar money in Moroccan Dirham money and it is called the 'exchange rate' or 'forex rate'. This exchange rate from Singapore Dollar to Moroccan Dirham is today at 7.164.
As an example, suppose you are from Rabat Morocco and you travel to Singapore Singapore. There, you need to get 1000 Singapore Dollars ( $) at a Singapore bank to pay your hotel. In this case you would pay 7.164 * 1000 = 7,164.137 Moroccan Dirhams (MAD). But, in practice, you will pay more (or perhaps much more) to get the same amount of your foreign currency due to the margin for the money conversion services costs like: commissions, credit card surcharges, ATM fees and other expenses. If, for example, you are using a credit card, this margin will typically be around 2 to 3 percent. We recommend that you choose the best place to make your money exchange because there can be a large difference between forex rates you will get.
In the example above for a 1000 Singapore Dollars amount, the result of the money conversion is 7,307.420 MAD for a 2% margin or 7,379.061 MAD for a 3% margin.
Some Internet based foreign currency exchange agencies add 10 percent or even more. So, if you make the same calculations above, there will be a difference of about 716.414 MAD depending on which forex bank or agency you choose to exchange your money. So, that's why we advise you to seek the best place to get the best fx rates for your upcoming money transfer/exchange. The only way to know what is the best exchange rate is to know what the current rate is. You can easily accomplish this by using periodically our currency converter above to get an idea of what forex rate to expect.
Note: If you use our currency converter, you only need to choose the amount of margin in its drop-down list and have an estimate of how much you will pay to get the desired amount.
By the way: there are some notations for this currency pair like SGD-MAD or SGDMAD among others. The currency symbol for Singapore Dollar is ($) while the currency symbol for Moroccan Dirham is (MAD). Note also that the Singapore country code is SGP or SG. The Morocco country code is MAR or MA
|
Singapore Dollar Converters
Singapore Dollar to US Dollar ($)
Singapore Dollar to Euro (€)
Singapore Dollar to Indian Rupee (₹)
Singapore Dollar to Pound (£)
Singapore Dollar to Rupiah (Rp)
Singapore Dollar to Canadian Dollar ($)
Singapore Dollar to Pakistan Rupee (₨)
Singapore Dollar to Philippine Peso (₱)
Singapore Dollar to UAE Dirham (د.إ)
Singapore Dollar to Australian Dollar ($)
Singapore Dollar to Malaysian Ringgit (RM)
Singapore Dollar to Swiss Franc (CHF)
Singapore Dollar to Chilean Peso ($)
Singapore Dollar to Argentine Peso ($)
Singapore Dollar to Serbian Dinar (Дин.)
Singapore Dollar to New Israeli Shekel (₪)
Singapore Dollar to Taiwan Dollar (NT$)
Singapore Dollar to Moroccan Dirham (MAD)
Singapore Dollar to Sri Lanka Rupee (₨)