Currency of Morocco: Moroccan dirham, today's rate د.م.
The Moroccan Dirham is the currency used in the following 2 countries: Morocco, Western Sahara. The code of Moroccan dirham is MAD. We use د.م. as symbol of Moroccan dirham. The Moroccan Dirham is divided in 100 santims. MAD is regulated by Central Bank of Morocco.
Did you know:
- The most popular conversions of Moroccan dirham are
- the Moroccan dirham was introduced in 17 Oct 1959 (63 years ago).
- There are 8 coins for the Moroccan dirham ( 5santimat , 10santimat , 20santimat , 50santimat , د.م.1 , د.م.2 , د.م.5 and د.م.10 ),
- the Moroccan dirham has 4 banknotes ( د.م.20 , د.م.50 , د.م.100 and د.م.200 )
More information: currency converter.
The Moroccan dirham
The Moroccan dirham (not to be confused with the Tunisian, Algerian or Libyan dinar) is divided into 100 santimat (or cents). Its name is derived from the Greek currency, the drachma. The dirham is also used as the name of the currency of the United Arab Emirates.
Within the country, you can find nearly 9 different coins that subdivide the dirham. These coins traditionally feature the reigning king, who has been Mohammed VI since 2002. But you can also find lots of coins with Hassan II, his father. You can also find him on all banknote denominations. It should be said that in Morocco, the king is more than an institution – he is the representative of the Muslim God on Earth.
Coins are very much used in Morocco. They are used extensively in souks, other «institutions» of the Maghreb countries where no price is set in advance. This custom is not only for tourists because the local population are also subject to the same regime.
These coins are also used to pay for taxi rides, which also have a variable rate, for water or orange juice carriers in Place Jemaa El Fna in Marrakech, etc.
|Moroccan dirham to Indian rupee||1 MAD = 7.9902 INR|
|Moroccan dirham to Pakistani rupee||1 MAD = 18.8004 PKR|
|Moroccan dirham to Canadian dollar||1 MAD = 0.1351 CAD|
|Moroccan dirham to West African CFA franc||1 MAD = 62.4911 XOF|
|Moroccan dirham to Nigerian naira||1 MAD = 44.1363 NGN|
|Moroccan dirham to Algerian dinar||1 MAD = 14.9373 DZD|
|Moroccan dirham to Ghanaian cedi||1 MAD = 0.6621 GHS|
|Moroccan dirham to Philippine peso||1 MAD = 5.4444 PHP|
|Moroccan dirham to UAE dirham||1 MAD = 0.3903 AED|
|Moroccan dirham to Saudi riyal||1 MAD = 0.3986 SAR|
|Moroccan dirham to Bangladeshi taka||1 MAD = 9.1437 BDT|
|US dollar to Moroccan dirham||1 USD = 9.4121 MAD|
|euro to Moroccan dirham||1 EUR = 10.4968 MAD|
|British pound to Moroccan dirham||1 GBP = 12.6134 MAD|
|Turkish lira to Moroccan dirham||1 TRY = 0.6909 MAD|
|Saudi riyal to Moroccan dirham||1 SAR = 2.5085 MAD|
|Algerian dinar to Moroccan dirham||1 DZD = 0.0669 MAD|
|Bitcoin to Moroccan dirham||1 BTC = 348012.9036 MAD|
|Central African CFA franc to Moroccan dirham||1 XAF = 0.0160 MAD|
|Canadian dollar to Moroccan dirham||1 CAD = 7.4020 MAD|
|Venezuelan bolívar to Moroccan dirham||1 VEF = 0.0000 MAD|
|UAE dirham to Moroccan dirham||1 AED = 2.5624 MAD|
|Ripple to Moroccan dirham||1 XRP = 5.6723 MAD|
|Russian ruble to Moroccan dirham||1 RUB = 0.1204 MAD|
|Qatari rial to Moroccan dirham||1 QAR = 2.5850 MAD|