Morocco's exchange bureaus are experiencing a slower-than-usual flow of euros in early August 2026, according to the president of the Moroccan Federation of Exchange Bureaus, who spoke to Hespress. The summer period typically sees a surge in currency exchange from Moroccans living abroad (MRE), but this year's start has been described as "contrasted."
The federation's president confirmed that the sector is now looking to the remainder of August to compensate for the shortfall. While specific figures were not provided, the statement highlights a noticeable dip in euro conversions compared to previous years.
This trend comes amid broader economic factors, including fluctuating exchange rates and changing remittance patterns. The Moroccan dirham has remained relatively stable, but the volume of physical currency exchanged at bureaus has not met expectations.
The sector remains hopeful that the influx of MREs returning for the summer holidays will pick up in the coming weeks, boosting activity before the end of the month.
