The Moroccan Dirham buy back rates below were last updated 3 minutes ago
Moroccan Dirhams are an unusual currency in that you are not strictly allowed to take them out of of Morocco so there should not be any for sale here in the UK. In practice however many travellers return with unused Dirhams because they don’t know about the restrictions placed on the currency or simply want to sell them back in the UK at a better rate than they would have been offered in Morocco. The sale of Moroccan Dirhams is not illegal here in the UK and many currency brokers will offer to buy them up at competitive buy back rates so it’s worth shopping around.
The best Moroccan Dirham buy back rates can always be found online. Specialist currency brokers who buy and sell currency over the internet will be happy to buy your leftover Dirham as they can sell them directly on to other customers and cut out the banks which means the savings are passed directly on to you. The worst buy back rates are always offered by the high street banks so these should be avoided at all costs if possible.
Use our unique comparison table above to check the latest Moroccan Dirham buy back rates on offer here in the UK. If no suppliers are showing, keep checking back on a daily basis as demand for Dirhams rises and falls throughout the year and you rarely have to wait long for some good deals to emerge.
There are three easy steps to selling your currency back online. All of these instructions will be explained to you as you go along and we'll also email you further instructions on what to do after you've placed your order.
Enter the amount of currency you want to sell and find the best deals using our comparison table above. If you have more than one currency to sell you can add them to your order later on. Once you've found a buyer, click 'Sell Now' where you'll be asked to fill out a buy-back order form.
We'll need a few basic details from you including your contact details, the currency(ies) you would like to sell and the bank account you would like your payment sent to. Once you've completed the quick order form you'll be asked to print a copy - don't worry if you don't have a printer handy as we'll also email you a copy and you can also write your order number on a piece paper if you don't have access to a printer. At this point we'll also send a copy of your order to the buyer so they know to expect your currency.
You'll need to then post your currency and order form (or a piece of paper containing your order number) to the buyer or drop it in to them in person if you live nearby. We recommend you send you currency via Royal Mail Special Delivery as this service is fully trackable and insured for up to £2,500 (you can split larger orders up into multiple packages if necessary).
Once the buyer receives your currency they will contact you to confirm receipt and process your payment. You will then be paid directly into your bank, usually within 3 working days of them receiving your currency.
Over the past week the Moroccan Dirham buy back rate has worsened by 3.42% from last Sunday's rate of 13.44 to today's rate of 13.9000 which means MD2000 is worth £4.92 less today than it did a week ago. During this period the worst time to sell is right now at 13.9000 and the best time to sell was on Sunday at 13.44.
The 90 day outlook has seen the Moroccan Dirham buy back rate worsen by 1.99% from 13.6292 on 22nd October 2017 to 13.9000 today. Based on these figures, MD2000 is worth £2.86 less today than it did three months ago. The worst buy back rate we recorded was 18.4128 on 1st December 2017 and the best buy back rate we recorded was 11.8989 on 27th December 2017.
Posted by Graham Morley on 16th January 2018
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