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 (64 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 Nigerian naira | 1 MAD = 44.4573 NGN | |
Moroccan dirham to Indian rupee | 1 MAD = 8.0825 INR | |
Moroccan dirham to Pakistani rupee | 1 MAD = 27.2061 PKR | |
Moroccan dirham to West African CFA franc | 1 MAD = 59.6151 XOF | |
Moroccan dirham to Algerian dinar | 1 MAD = 13.2292 DZD | |
Moroccan dirham to Bangladeshi taka | 1 MAD = 10.3558 BDT | |
Moroccan dirham to Indonesian rupiah | 1 MAD = 1505.5893 IDR | |
Moroccan dirham to UAE dirham | 1 MAD = 0.3597 AED | |
Moroccan dirham to Sri Lankan rupee | 1 MAD = 32.7353 LKR | |
Moroccan dirham to Malaysian ringgit | 1 MAD = 0.4393 MYR |
All currencies MAD
currency/MAD | Converter | |
---|---|---|
Saudi riyal to Moroccan dirham | 1 SAR = 2.7199 MAD | |
US dollar to Moroccan dirham | 1 USD = 10.2113 MAD | |
euro to Moroccan dirham | 1 EUR = 11.0032 MAD | |
British pound to Moroccan dirham | 1 GBP = 12.4348 MAD | |
Canadian dollar to Moroccan dirham | 1 CAD = 7.4148 MAD | |
Turkish lira to Moroccan dirham | 1 TRY = 0.5368 MAD | |
UAE dirham to Moroccan dirham | 1 AED = 2.7802 MAD | |
Algerian dinar to Moroccan dirham | 1 DZD = 0.0756 MAD | |
Kuwaiti dinar to Moroccan dirham | 1 KWD = 33.7472 MAD | |
Central African CFA franc to Moroccan dirham | 1 XAF = 0.0168 MAD | |
Bangladeshi taka to Moroccan dirham | 1 BDT = 0.0966 MAD | |
Egyptian pound to Moroccan dirham | 1 EGP = 0.3350 MAD | |
West African CFA franc to Moroccan dirham | 1 XOF = 0.0168 MAD |
Currency Of Morocco
Major currencies
currency | ISO 4217 |
---|---|
Indian rupee | INR |
US dollar | USD |
Pakistani rupee | PKR |
UAE dirham | AED |
Bangladeshi taka | BDT |
Saudi riyal | SAR |
Sri Lankan rupee | LKR |
British pound | GBP |
euro | EUR |
Malaysian ringgit | MYR |