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 (61 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 Nigerian naira||1 MAD = 41.2767 NGN|
|Moroccan dirham to Indian rupee||1 MAD = 7.9581 INR|
|Moroccan dirham to Algerian dinar||1 MAD = 13.9677 DZD|
|Moroccan dirham to Pakistani rupee||1 MAD = 17.8990 PKR|
|Moroccan dirham to Ghanaian cedi||1 MAD = 0.6260 GHS|
|Moroccan dirham to Turkish lira||1 MAD = 0.8349 TRY|
|Moroccan dirham to West African CFA franc||1 MAD = 60.4446 XOF|
|Moroccan dirham to Bangladeshi taka||1 MAD = 9.1680 BDT|
|Moroccan dirham to Mauritanian ouguiya||1 MAD = 38.6259 MRO|
|Moroccan dirham to Indonesian rupiah||1 MAD = 1606.7065 IDR|
|Moroccan dirham to British pound||1 MAD = 0.0836 GBP|
|US dollar to Moroccan dirham||1 USD = 9.2425 MAD|
|euro to Moroccan dirham||1 EUR = 10.8522 MAD|
|Saudi riyal to Moroccan dirham||1 SAR = 2.4641 MAD|
|UAE dirham to Moroccan dirham||1 AED = 2.5164 MAD|
|Turkish lira to Moroccan dirham||1 TRY = 1.1977 MAD|
|British pound to Moroccan dirham||1 GBP = 11.9574 MAD|
|Canadian dollar to Moroccan dirham||1 CAD = 6.9533 MAD|
|Bangladeshi taka to Moroccan dirham||1 BDT = 0.1091 MAD|
|Bitcoin to Moroccan dirham||1 BTC = 99975.1264 MAD|
|Russian ruble to Moroccan dirham||1 RUB = 0.1191 MAD|
|South African rand to Moroccan dirham||1 ZAR = 0.5534 MAD|
|Qatari rial to Moroccan dirham||1 QAR = 2.5384 MAD|
|West African CFA franc to Moroccan dirham||1 XOF = 0.0165 MAD|
|Mauritanian ouguiya to Moroccan dirham||1 MRO = 0.0259 MAD|