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Exchange Rates > Moroccan Dirham
 Moroccan dirham exchange rate
Exchange Rates > Moroccan Dirham

Moroccan Dirham (MAD) exchange rate

WE SELL RATE HISTORY OF Moroccan Dirham

WE BUY RATE HISTORY OF Moroccan Dirham

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MOROCCAN DIRHAM INFO

The Moroccan Dirham is the official currency of Morocco and the Western Sahara.
Notes: 20, 50, 100 and 200 dirhams
Coins: 1, 5, 10, 20 santimat and ½, 1, 2, 5 and 10 dirhams
Subunit: santim
Code: MAD
Symbol: DH

More Info: Bank of Morocco

If you are going to visit Marrakech, Casablanca or any other city of Morocco you will need to exchange your Euros to Moroccan Dirhams. In Eurochange you can buy your Moroccan Dirhams at the best price and with total availability. Buy them now online or find the nearest exchange office with the service to buy currencies.

 

About Moroccan Dirham

The Moroccan Dirham is the official currency of the Kingdom of Morocco. In Arabic the plural Dirhams does not exist, it is said darahim. Its ISO 4217 code is MAD and its symbol is درهم but to mark the prices in the touristic places it’s usual to see DH. Each Dirham is divided into 100 santimat.

History of the currency of Morocco

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 copper, silver and gold with different values were also minted.

Moroccan Dirham notes and coins

The Moroccan dirham notes are 20, 50, 100 and 200 Dirhams. There are several series of banknotes in circulation: the 1987 and 2002 series have 50, 100 and 200 Dirham notes, the 2012 series has all the denominations and, apart from that there are 20 Dirham notes from the years 1996 and 2005. There is also a 25 Dirhams commemorative note issued also in 2012.

In the 1987 series appears on the obverse of the notes King Hassan II, who was King of Morocco on the date of issue of the notes. The obverse of each of the tickets is dedicated to a theme: the ground on the 50 Dirhams note represented by riders, the Moroccan Sahara in the one of 100 represented with Sahrawi and a desert rose and the sea in the 200 represented for a boat, a coral and a shell.

On the obverse of the series of 2002, several generations of Kings of Morocco are represented. In the 50th note Mohammed VI appears, in the one of 100 there are Mohammed VI, Hassan II and Mohammed V and in the 200 one there are Mohammed VI and Hassan II. On the back there is a Berber castle on the 50’s note, a representation of the Green March on the 100’s and an image of the window of the theological school of the Hassan II mosque in the note of 200 Dirhams.

In the notes of 20 Dirhams of 1996 and 2005 appear King Hassan II and the source of the mosque Hassan II and King Mohammed VI and a panoramic view of the Oudayas respectively.

In the series of 2012 King Mohammed VI appears on the obverse. On the reverse appear the bridge of Hassan II and the city of Casablanca on the note of 20, an argan tree, a mill and the waterfalls of Ouzoud in the 50 one, the Moussem Tan Tan and a Moroccan tent in the 100 note and the port and lighthouse of Cape Spartel in Tangier in the 200 one.

NOTES OF MOROCCAN DIRHAM IN CIRCULATION

Banknotes of Moroccan Dirham in circulation

Moroccan Dirham coins are 1, 5, 10 and 20 santimat and ½, 1, 2, 5 and 10 Dirham. There are several series that are valid today. On the head of the coins appear motifs or typical objects or the image of Kings Hassan II or Mohammed VI and on the tail appears the coat of arms of the Royal House of Morocco.

Tips to travel to Morocco

If you are preparing a trip to Morocco, at our blog you will find 5 interesting thing to do during your stay in Morocco.

 

How many Dirhams do I need to go to Morocco?

If you are going to travel to Marrakech, Fez, Tangier or any other city in Morocco and do not know how much money you need, it will be our pleasure to help you. Our customers usually exchange about 370 Euros in Moroccan Dirhams. To calculate how many Dirhams you need for your trip you must take into account if once you get there you have to pay for hotels, excursions or tickets, or if you will only have the most common expenses of the day such as food, transportation or shopping.