Convert MAD to BTN — live rate

Convert Moroccan Dirhams to Bhutanese Ngultrums and compare the real cost of sending money.

MAD
BTN
1 MAD = 9.8653 BTN Mid-market rate
Updated just now
Compare transfers for MAD → BTN
No signup required FCA-regulated providers only

Historical MAD/BTN exchange rate

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Rates shown are indicative mid-market rates, updated regularly.

Quick reference: MAD to BTN

1 MAD 9.87 BTN
5 MAD 49.33 BTN
10 MAD 98.65 BTN
50 MAD 493.26 BTN
100 MAD 986.53 BTN
500 MAD 4,932.64 BTN
1,000 MAD 9,865.29 BTN
5,000 MAD 49,326.45 BTN

Real cost of MAD → BTN

Banks (typical) ~2% markup
Specialists 0.3–1% markup

The rate above is the mid-market rate. Banks and providers add their margin on top.

How we calculate costs

Estimated savings

On 1,000 MAD
Bank ~£20 lost
Specialist ~£8 lost
You save ~£12

*Estimate based on typical provider rates

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Currency snapshots

MAD — Moroccan Dirham
ISO Code MAD
Central Bank Bank Al-Maghrib
Common Notes 20, 50, 100, 200
Learn more about MAD
BTN — Bhutanese Ngultrum
ISO Code BTN
Central Bank Royal Monetary Authority of Bhutan
Common Notes 1, 5, 10, 20, 50, 100, 500, 1000
Learn more about BTN

What affects this rate? Interest rate differentials, inflation expectations, and market risk sentiment are the primary drivers.