LocalExchangeRates.com

Official Rate Sheet: Moroccan Dirham (MAD) / Israeli New Shekel (ILS)

Date generated:

Mid-Market Rate: 1 MAD = 0.3081 ILS

Real-Time Interbank Wholesale Feed: October 6, 2026

Moroccan Dirham to Israeli New Shekel Exchange Rate (MAD to ILS)

Real-time mid-market wholesale rate with zero retail markup. Check benchmark pricing before bank conversion or international wire transfer.

Bottom Line Up Front (BLUF): How much is 1,000 MAD in ILS?

1 MAD = 0.3081 ILS

At the current mid-market wholesale exchange rate, converting 1,000 Moroccan Dirham (MAD) yields approximately 308.06 Israeli New Shekel (ILS) (inverse rate: 1 ILS = 3.2461 MAD). This rate represents the pure interbank benchmark. Retail dealers and commercial banks typically apply a commercial spread between 1.5% and 3.5%. View live calculations, historical charts, and provider spreads below.

You Pay (Amount): MAD

You Receive (Estimate): ILS

Wycena na podstawie średniego kursu międzybankowego (0,00% marży)

Kurs rynkowy: 1 MAD = 0.3081 ILS

Kurs odwrotny: 1 ILS = 3.2461 MAD

Status danych: Live Data (Redis)

Looking for reverse calculation? Check ILS to MAD (Israeli New Shekel to Moroccan Dirham) Live Converter →

MAD to ILS Real-Time & Historical Rate Chart

Track historical volatility and key price support levels for Moroccan Dirham against Israeli New Shekel

Period High

0.3118 ILS

Period Low

0.3044 ILS

Volatility / Avg

0.3081 ILS

Mid-Market Trend

+0.25%

30-Day Range (1M) Position: 50% range

Min: 0.3044 ILS

Max: 0.3118 ILS

52-Week Range (1Y) Current Position: 65% Range

Min: 0.2973 ILS

Max: 0.3188 ILS

Standard Denomination Conversion Matrix (MAD & ILS)

Wholesale interbank rate matrix with zero retail markup or hidden fees.

Moroccan Dirham → Israeli New Shekel (MAD / ILS)

Wholesale Benchmark

Moroccan Dirham (MAD)	Israeli New Shekel (ILS)
1 MAD	0.31 ILS
5 MAD	1.54 ILS
10 MAD	3.08 ILS
25 MAD	7.70 ILS
50 MAD	15.40 ILS
100 MAD	30.81 ILS
200 MAD	61.61 ILS
250 MAD	77.02 ILS
500 MAD	154.03 ILS
1,000 MAD	308.06 ILS
2,500 MAD	770.16 ILS
5,000 MAD	1,540.32 ILS
10,000 MAD	3,080.64 ILS

Israeli New Shekel → Moroccan Dirham (ILS / MAD)

Wholesale Benchmark

Israeli New Shekel (ILS)	Moroccan Dirham (MAD)
1 ILS	3.25 MAD
5 ILS	16.23 MAD
10 ILS	32.46 MAD
25 ILS	81.15 MAD
50 ILS	162.30 MAD
100 ILS	324.61 MAD
200 ILS	649.22 MAD
250 ILS	811.52 MAD
500 ILS	1,623.04 MAD
1,000 ILS	3,246.08 MAD
2,500 ILS	8,115.20 MAD
5,000 ILS	16,230.40 MAD
10,000 ILS	32,460.79 MAD

Provider / Channel	MAD/ILS Effective Exchange Rate	Estimated Fee	Estimated Received (ILS)	Effective Difference
⚡ LocalExchangeRates Interbank Wholesale (Pure Benchmark)	0.3081 ILS	0.00%	1,540.32 ILS	Benchmark (0%)
🏦 Major Commercial High-Street Banks Standard bank wire / counter transfer	0.2973 ILS	~3.50%	1,486.41 ILS	-53.91 ILS
✈️ Airport Currency Exchange Kiosks Airport terminal cash counters	0.2773 ILS	~10.00%	1,386.29 ILS	-154.03 ILS

1 MAD to ILS: Moroccan Dirham to Israeli New Shekel Exchange Guide

Searches for 1 MAD to ILS or convert MAD to ILS describe the amount of Israeli New Shekel received per 1 Moroccan Dirham. At today's wholesale baseline of 1 MAD = 0.3081 ILS (inverse: 1 ILS = 3.2461 MAD), understanding retail bank margins helps protect your funds:

🌏 International Transfers & Travel (Morocco ↔ Israel)

Whether remitting money internationally or budgeting for travel, benchmark retail bank quotes against the wholesale mid-market rate to avoid excessive markups.

🏦 Commercial Bank Spreads

Major commercial banks typically add markups between 1.5% and 3.5% on foreign currencies, whereas digital multi-currency accounts operate with tighter margins.

📈 Monetary Policy Drivers

Interest rate decisions and monetary policies set by Bank Al-Maghrib (BAM) and Bank of Israel (BoI) shape the medium-to-long term valuation of MAD/ILS.

MAD and ILS Currency Profiles

Official monetary framework, central bank governance, and banknote specifications for Morocco and Israel.

How the MAD to ILS Exchange Rate Works

Foreign exchange transactions between Morocco (MAD) and Israel (ILS) trade continuously on global wholesale interbank currency markets. The mid-market rate represents the exact mathematical midpoint between institutional buy (bid) and sell (ask) quotes without retail dealer markups.

Key considerations when converting or transferring between MAD and ILS:

Banking Channel Selection: Digital banking transfers and specialized multi-currency accounts generally offer exchange margins of 0.2% to 0.8%, whereas airport physical cash booths frequently charge 8% to 12% over the interbank baseline.
Central Bank Oversight & Policy: Monetary policy decisions, policy interest rate differentials, and currency reserves managed by Bank Al-Maghrib (BAM) and Bank of Israel (BoI) serve as the primary long-term drivers for this currency pair.
Customs Cash Declaration Thresholds: Travelers carrying banknotes or negotiable instruments between Morocco and Israel exceeding equivalent to 10,000 USD or EUR are legally required to file written declarations with border authorities.
Avoid Dynamic Currency Conversion (DCC): When using payment cards abroad or withdrawing cash from ATMs, always elect to be billed in the local currency (ILS) rather than your home billing currency to bypass costly DCC conversion markups.

LocalExchangeRates aggregates real-time wholesale interbank benchmarks to provide users with transparent, independent currency valuation.

Frequently Asked Questions: Moroccan Dirham to Israeli New Shekel Conversion

Common questions regarding Moroccan Dirham to Israeli New Shekel conversion, bank spreads, and transfer costs.

How much is 1,000 MAD in ILS today?

At the current mid-market exchange rate (1 MAD = 0.3081 ILS), 1,000 Moroccan Dirham equals approximately 308.06 Israeli New Shekel. Retail exchange bureaus and commercial banks typically apply a 1.5% to 3.5% transaction spread.

Where can I get the best exchange rate for Moroccan Dirham?

To secure the best rates, avoid airport currency kiosks which routinely apply markups exceeding 8% to 12%. Converting currency at major commercial banks or using a low-fee multi-currency card typically delivers the closest rate to the mid-market benchmark.

Are there cash declaration limits when traveling with MAD?

Most international customs jurisdictions mandate a formal declaration when carrying physical cash or negotiable instruments exceeding the equivalent of 10,000 USD or EUR. Check with local customs authority (Bank Al-Maghrib (BAM)) prior to departure.

Does the exchange rate fluctuate during weekends?

Global interbank foreign exchange markets close on Friday evening (5:00 PM EST) and reopen on Sunday evening. Over the weekend, rates remain static at the Friday close, though retail providers may widen spreads to offset volatility risks.

How is the mid-market exchange rate calculated?

The mid-market exchange rate is the exact midpoint between global wholesale institutional buy (bid) and sell (ask) quotes. It serves as the global benchmark without any added retail broker or banking markup.