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 (66 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.
Exchange rate of Moroccan dirham , currency of Morocco
MAD All currencies
MAD/currency | Converter | |
---|---|---|
Moroccan dirham to Pakistani rupee | 1 MAD = 31.3248 PKR | |
Moroccan dirham to US dollar | 1 MAD = 0.1105 USD | |
Moroccan dirham to British pound | 1 MAD = 0.0815 GBP | |
Moroccan dirham to Bangladeshi taka | 1 MAD = 13.4996 BDT | |
Moroccan dirham to Indian rupee | 1 MAD = 9.5146 INR | |
Moroccan dirham to Australian dollar | 1 MAD = 0.1701 AUD | |
Moroccan dirham to Canadian dollar | 1 MAD = 0.1516 CAD | |
Moroccan dirham to Nigerian naira | 1 MAD = 171.1062 NGN | |
Moroccan dirham to Saudi riyal | 1 MAD = 0.4145 SAR | |
Moroccan dirham to Bosnia-Herzegovina convertible mark | 1 MAD = 0.1863 BAM |
All currencies MAD
currency/MAD | Converter | |
---|---|---|
Turkish lira to Moroccan dirham | 1 TRY = 0.2282 MAD | |
Chinese yuan to Moroccan dirham | 1 CNY = 1.2612 MAD | |
euro to Moroccan dirham | 1 EUR = 10.5019 MAD | |
UAE dirham to Moroccan dirham | 1 AED = 2.4651 MAD | |
US dollar to Moroccan dirham | 1 USD = 9.0530 MAD | |
British pound to Moroccan dirham | 1 GBP = 12.2709 MAD | |
Bangladeshi taka to Moroccan dirham | 1 BDT = 0.0741 MAD | |
Indian rupee to Moroccan dirham | 1 INR = 0.1051 MAD | |
Pakistani rupee to Moroccan dirham | 1 PKR = 0.0319 MAD | |
Australian dollar to Moroccan dirham | 1 AUD = 5.8777 MAD |
Currency Of Morocco
Major currencies
currency | ISO 4217 |
---|---|
US dollar | USD |
British pound | GBP |
Bangladeshi taka | BDT |
Indian rupee | INR |
euro | EUR |
Pakistani rupee | PKR |
Australian dollar | AUD |
UAE dirham | AED |
Canadian dollar | CAD |
Nigerian naira | NGN |