If you are going to travel to Morocco, have a look to this post
The Dirham is the official currency of Morocco. So don't miss this post if you are planning a trip to this African country. Its ISO 4217 code is MAD and its symbol is درهم. Each Dirham is divided into 100 santimat. In Arabic the plural Dirhams does not exist, it is said darahim.
History
The current Dirham entered circulation in the decade of the 60´s. During the French and Spanish protectorates which lasted until 1956 and 1958 respectively, the currencies in circulation were the Franco and Peseta. Before protectorates, since 1882 the Dirham in Morocco already existed and with the Moroccan independence they were reissued again. Before the Dirham coins of different materials and different values were also minted.
Daily, it's usual to see another way to value purchases with an equivalence to an old currency: riyal. One Dirham is equal to 20 riyals and it's common to see some prices in riyals. If you something whose price is 500 riyals, it's real price would be 25 Dirhams.
Notes and coins
Moroccan Dirham banknotes are 20, 50, 100 and 200 dirhams. In the front of the banknotes appears King Mohammed VI. On the back appear different elements representing the natural and cultural heritage as well urban elements such as The Mosque Hassan II and the port of Tangier.
Moroccan Dirham coins are 1, 5, 10 and 20 santimat and ½, 1, 2, 5 and 10 dirhams.
Moroccan Dirham rate (MAD)
On our website you can check the rate of the Moroccan Dirham daily updated. You will be able to make a reservation of Dirhams (if we have them in stock) or if you prefer you can directly buy your Dirham and receive them at home.
Remember that you can exchange your leftover Dirham back to Euros in any of our exchange offices.
If you want some ideas for your trip, don't miss our post "6 things to do in Morocco".
Have a nice trip!
