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 Pakistani rupee||1 MAD = 20.4070 PKR|
|Moroccan dirham to Algerian dinar||1 MAD = 13.6348 DZD|
|Moroccan dirham to Indian rupee||1 MAD = 7.5910 INR|
|Moroccan dirham to Nigerian naira||1 MAD = 40.1841 NGN|
|Moroccan dirham to West African CFA franc||1 MAD = 61.7784 XOF|
|Moroccan dirham to Egyptian pound||1 MAD = 1.8343 EGP|
|Moroccan dirham to Turkish lira||1 MAD = 1.7203 TRY|
|Moroccan dirham to Indonesian rupiah||1 MAD = 1413.6694 IDR|
|Moroccan dirham to UAE dirham||1 MAD = 0.3519 AED|
|Moroccan dirham to Bangladeshi taka||1 MAD = 9.1033 BDT|
|Moroccan dirham to Malaysian ringgit||1 MAD = 0.4279 MYR|
|euro to Moroccan dirham||1 EUR = 10.6179 MAD|
|US dollar to Moroccan dirham||1 USD = 10.4367 MAD|
|British pound to Moroccan dirham||1 GBP = 12.6344 MAD|
|Saudi riyal to Moroccan dirham||1 SAR = 2.7798 MAD|
|Canadian dollar to Moroccan dirham||1 CAD = 8.1219 MAD|
|UAE dirham to Moroccan dirham||1 AED = 2.8414 MAD|
|Algerian dinar to Moroccan dirham||1 DZD = 0.0733 MAD|
|Turkish lira to Moroccan dirham||1 TRY = 0.5813 MAD|
|Central African CFA franc to Moroccan dirham||1 XAF = 0.0162 MAD|
|Swedish krona to Moroccan dirham||1 SEK = 1.0103 MAD|
|Tunisian dinar to Moroccan dirham||1 TND = 3.3227 MAD|