Sell Moroccan dirham for British pounds

Compare today's best Moroccan dirham buy back rates and sell your Moroccan dirham online at the best price

What currency are you selling?

Moroccan dirham
Euros
US dollars
Argentine pesos
Australian dollars
Bahamian dollars
Bahraini dinars
Bangladeshi taka
Barbados dollars
Bermudian dollars
Brazilian reals
Brunei dollars
Bulgarian lev
Canadian dollars
Cayman Islands dollars
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Chilean pesos
Chinese yuan
Colombian pesos
Costa Rica colons
Croatian kuna
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Indonesian rupiahs
Israeli shekels
Jamaican dollars
Japanese yen
Jordanian dinars
Kenyan shillings
Kuwaiti dinars
Lebanese pounds
Malaysian ringgits
Mauritian rupees
Mexican pesos
Moroccan dirham
Namibian dollars
New Zealand dollars
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Pakistani rupees
Papua New Guinean kina
Peruvian nuevo sol
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Swiss francs
Taiwan dollars
Thai baht
Trinidad dollars
Turkish lira
Ukrainian hryvnia
United Arab Emirates dirham
Uruguayan pesos
Vietnamese dongs

How much do you have?

DH

Sell by post or in person?

Currency SupplierYou'll ReceiveBuy Back RateCustomer RatingOrder Online
£143.14Inc. £6.70 Postage 1 MAD = 0.0749 GBP13.3479 3645 Reviews Sell Now

The Currency Club

Sell Now

The Currency Club's travel money service makes ordering online easy and efficient. We offer the best foreign exchange rates on global currencies, charge zero commission and offer a free delivery on every travel money transaction you make. The more you order, the better the rate you'll receive.

The Currency Club

PO Box 66831
London
W2 7TB

  • FCA Registered: Yes
  • FCA Authorised: No

Last updated 29 minutes ago.

Exchange by post

Post your currency to The Currency Club and get paid by Bank Tranfer within 3 working days of your currency being received. The actual buy back rate you receive will be the prevailing rate on the day that your currency is received. These rates do not vary greatly from day to day but it could mean that you receive slightly more or less than the amount quoted today. You must register with The Currency Club by visiting their website before you can use their buy back service.

Notes and coins

The Currency Club will buy back all denomination notes but a 3% fee will apply to 500 Euro notes. They do not buy back coins.

£142.43Inc. £6.70 Postage 1 MAD = 0.0746 GBP13.4110 12 Reviews Sell Now

fourex

Sell Now

Order your travel money online with fourex. We offer competitive rates on over 50 currencies; you can order your travel money online for delivery straight to your home with free next day delivery on all orders over £750. Customers can also exchange 150 currencies, coins and notes at our self-service kiosks.

fourex

3rd Floor Regus News Building
3 London Bridge Street
SE1 9SG

  • FCA Registered: No
  • FCA Authorised: No

Last updated 29 minutes ago.

Notes and coins

£141.94Inc. £6.70 Postage 1 MAD = 0.0743 GBP13.4557 1963 Reviews Sell Now

Sterling

Sell Now

With over 35 years experience in the foreign exchange sector, Sterling has established an excellent reputation for offering the best exchange rates and excellent customer service to a long standing and ever expanding clientele.

Sterling

105 Edgware Road
London
W2 2HX

  • FCA Registered: Yes
  • FCA Authorised: No

Last updated 29 minutes ago.

Exchange by post

Post your currency to Sterling and get paid by Bank Tranfer within 3 working days of your currency being received. The actual buy back rate you receive will be the prevailing rate on the day that your currency is received. These rates do not vary greatly from day to day but it could mean that you receive slightly more or less than the amount quoted today. You must register with Sterling by visiting their website before you can use their buy back service.

Notes and coins

Sterling will buy back all denomination notes but a 3% fee will apply to 500 Euro notes. They do not accept coins.

£124.65Free Postage 1 MAD = 0.0623 GBP16.0450 110 Reviews Sell Now

eurochange

Sell Now

FREE POSTAGE! Get a prepaid, tamper-proof and insured envelope to securely post your currency in when you sell to eurochange. No more hanging around in the Post Office. You can also visit your local branch to get paid instantly.

eurochange

PO Box 435
Stevenage
SG1 9GA

  • FCA Registered: Yes
  • FCA Authorised: No

Last updated 44 minutes ago.

Exchange by post

Post your currency for FREE using the prepaid envelope provided by eurochange. Just put your currency in the tamper-proof envelope, seal it up and hand it in to your local Post Office.

Exchange in person

If you'd prefer to exchange in person, you can sell your currency over the counter at any eurochange store but please place your online first.

Notes and coins

eurochange will accept most denomination notes but do not buy back coins.

Moroccan dirham buy back rate over the past 90 days

-1.19%

If you're selling Moroccan dirham you want to exchange rate to be low because the amount of money you'll receive is calculated by dividing the amount of Moroccan dirham you have by the buy back rate.

The Moroccan dirham buy back rate is currently 1.19% lower than it was 90 days ago, having dropped from 13.5092 on the 1st July to 13.3479 today. This means DH2000 are worth £1.79 more today than they did back in July. During this period, the lowest rate we recorded was 12.2487 on the 9th August and the highest rate was 13.8784 on the 6th September.

For more historical Moroccan dirham buy back rates dating back over years, see our Moroccan dirham to British pound exchange rate history page.

We don't just compare Moroccan dirham buy back rates

Whether you're looking to sell currency, buy travel money or send funds overseas; we've got all of your currency needs covered. You're currently looking at our Moroccan dirham buy back page, but we have range of other products and services that you might also be interested in:

Buy Moroccan dirham Online

We compare dozens of UK currency suppliers to bring you the best Moroccan dirham travel money rates. Order online for great exchange rates, free home delivery and no commission.

Compare Rates

Prepaid Currency Cards

A secure and flexible alternative to cash. Open an account, add funds to your card and use it anywhere in Morocco or the rest of the world at the fraction of the cost of traditional UK bank cards.

Compare Now

Click & Collect Moroccan dirham

Our unique Click & Collect service can help you to find your nearest currency supplier so you can order online and pick your currency up in-store or at the airport.

Find a Supplier

Moroccan dirham Bank Transfers

Send or receive Moroccan dirham between two accounts anywhere in the world. A specialist broker could manage the whole process for you and save you a lot of money.

Get a Free Quote

What is the best Moroccan dirham to pound buy back rate?

Right now, the best Moroccan dirham to pound buy back rate is 13.3479 based on our comparison of 4 UK currency suppliers which is equal to £0.07 per Moroccan dirham. The worst buy back rate is 16.0450 (£0.06 per Moroccan dirham).

The difference between the best (lowest) and worst (highest) Moroccan dirham rate is 16.81%. If you were selling DH2000, you'd get £25.19 more by going with the best offer.

When is the best time to sell Moroccan dirham?

The best time to sell Moroccan dirham is when the Moroccan dirham buy back rate is low. This is because the amount of pounds you receive for your Moroccan dirham is calculated by dividing the amount of Moroccan dirham you have by the buy back rate.

In this example, you'll see the lower buy back rate yields more pounds for DH2000 compared to the higher rate:

DH2000 / 13.3479 = £149.84
DH2000 / 16.0450 = £124.65

Think of it like this: it's a good time to sell Moroccan dirham when it's a bad time to buy them! This is because when you buy Moroccan dirham you want the exchange rate to be as high as possible (since the amount of Moroccan dirham you receive is calculated by multiplying your pounds by the exchange rate) but when you sell Moroccan dirham you want the opposite to be true.

Use our historical Moroccan dirham buy back rate chart above to determine if now is a relatively good time to sell. Ultimately though, don't worry about trying to pick the perfect time to sell because it doesn't make a huge difference to the amount you'll receive unless you're selling tens or hundreds of thousands of pounds worth of Moroccan dirham (in which case you'll probably want to use a money transfer service).

How much can I sell Moroccan dirham for?

The rate at which a currency supplier will exchange your Moroccan dirham back into pounds is called the Moroccan dirham buy back rate, and as you would expect this rate varies from supplier to supplier and changes frequently throughout the day. You can calculate the amount of pounds you'll receive for your Moroccan dirham by dividing the amount of Moroccan dirham you have by the supplier's buy back rate.

For example, to calculate the value of DH1 you simply divide it by the buy back rate:

DH1 / 13.3479 = £0.07

In other words, you'd get £0.07 for each Moroccan dirham you sell.

We have performed all of these calculations for you in the comparison table above so you can see exactly how much each supplier is offering based on their current Moroccan dirham buy back rate.

Where can I exchange Moroccan dirham to pounds?

We found 4 suppliers in the UK who are currently exchanging Moroccan dirham to pounds including: The Currency Club, fourex and Sterling.

Most high street currency suppliers who sell Moroccan dirham will also buy them back off you, but the process isn't always straightforward. Some suppliers will only buy back currency that they originally sold you in the first place (and you'll need to provide a receipt as proof), or you might be limited to the amount of Moroccan dirham you can exchange back to pounds in a single order.

Our currency partners listed above are different because they will buy any Moroccan dirham sent to them by post (or taken in person if you live nearby) without limits and with no proof of purchase necessary apart from the usual ID and source of funds checks. If you place your buyback order online, you'll also get a much better buy back rate than if you walked in off the street unannounced.

Visit a supplier's website for more information on their specific process for buying back Moroccan dirham, a list of their store locations and postage instructions.

Can I deposit Moroccan dirham into a UK bank account?

You cannot deposit Moroccan dirham directly into your UK bank account but you can swap your Moroccan dirham for pounds and deposit them that way. The most cost-effective way of doing this depends on the Moroccan dirham you want to deposit:

  • If the Moroccan dirham are in notes / physical cash, you can exchange them for pounds using a buy back service such as the ones listed above. These suppliers will convert your Moroccan dirham into pounds and deposit them directly into your bank account via bank transfer.
  • If the Moroccan dirham are in an overseas bank account, you can use a money transfer service to convert the Moroccan dirham electronically and transfer them straight into your bank account. You can use a money transfer service to help facilitate transfers from Moroccan dirham bank accounts even if the sending account belongs to another person or company.

Some banks will allow you to exchange Moroccan dirham to pounds over the counter and deposit them directly into your account, but bear in mind the buy back rate you receive will often be horrendous so only use this option if you are desperate or have a very small amount to exchange.

Can I exchange Moroccan dirham coins for cash?

Most currency suppliers will not buy back Moroccan dirham coins because they are expensive to post and difficult to exchange. We've indicated which Moroccan dirham notes and coins each supplier accepts in their extended descriptions which you can see by clicking 'More Details' in the results table above.

If you're stuck with some Moroccan dirham coins that you can't exchange back, here are a few suggestions on what you can do with them:

  • Keep them for your next trip to Morocco. They may come in handy for smaller purchases, tips, taxi fares etc.
  • Donate them to charity. Most charities will be glad of any coins you can donate regardless of value - just pop them in a collection tin like you would with any other coins.
  • Sell them as scrap metal. If you have a large number of low-denomination coins that you definitely won't use again, you may be able to sell them for a fixed price per kilo at your local scrap dealer.
Is it safe to send Moroccan dirham in the post?

When posting your Moroccan dirham, we recommend you use Royal Mail's Special Delivery service which is fully insured and guaranteed to arrive on the next working day. Packages sent by Special Delivery go through a more secure process than regular mail and can be tracked from the moment they enter the system right up to the point of delivery where they must be signed for by the supplier. It is very rare for Royal Mail to lose a Special Delivery package, but in the unlikely event this does happen Royal Mail will refund you the entire insured amount plus postage costs. You can also reclaim your postage costs if Royal Mail do not deliver your currency on time.

When you purchase Special Delivery you'll be given an option to insure your package for up to £2,500 and you'll be given a receipt which contains a tracking number and proof of postage. If you are sending more than £2,500 worth of Moroccan dirham, you can split them up into multiple packages and insure each package for an appropriate amount.

The cost of Special Delivery varies depending on the amount you've insured the package for, but we estimate this cost for you in our comparison results above. You should ensure that your Moroccan dirham are securely packaged before you post them; we recommend you use a plastic tamper-proof envelope that you can obtain from the Post Office when you purchase Special Delivery. If you are in any doubt, just ask the Post Office clerk to check your package before you send it and they will advise you on whether it is suitably packaged and insured.

How and when will I be paid?

For orders sent by post you'll be paid by Bank Transfer within 3 working days from the day you currency is received. For orders exchanged in person you'll be paid immediately in cash.

What happens if the buy back rate changes before my Moroccan dirham have been received?

The Moroccan dirham buy back rate you receive will be the prevailing rate on the day your currency is received. This rate does not usually change significantly from day to day but it does mean you may receive slightly more or slightly less than the amount quoted today.

If you're unhappy with the final amount received, you can arrange to have your currency returned minus postage costs.

Can I sell Moroccan dirham that are old, withdrawn or out-of-circulation?

Every so often, a country will update it's currency and issue a new set of notes or coins whilst simultaneously withdrawing the old ones. The withdrawn currency is usually accepted for a while after the issue of the new currency to allow a for graceful transition to take place, but eventually the old currency will cease to become legal tender. Once this happens, the old currency cannot usually be exchanged.

If you're unsure whether the Moroccan dirham you have can still be exchanged, we recommend you contact the supplier beforehand and they will gladly help you to determine whether your notes can be accepted.