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 (65 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.
MAD All currencies
MAD/currency | Converter | |
---|---|---|
Moroccan dirham to Indian rupee | 1 MAD = 8.2252 INR | |
Moroccan dirham to Algerian dinar | 1 MAD = 13.3112 DZD | |
Moroccan dirham to Pakistani rupee | 1 MAD = 27.4476 PKR | |
Moroccan dirham to Bangladeshi taka | 1 MAD = 10.8332 BDT | |
Moroccan dirham to Kenyan shilling | 1 MAD = 13.0793 KES | |
Moroccan dirham to Nigerian naira | 1 MAD = 139.9874 NGN | |
Moroccan dirham to Russian ruble | 1 MAD = 9.1203 RUB | |
Moroccan dirham to Australian dollar | 1 MAD = 0.1510 AUD | |
Moroccan dirham to Ghanaian cedi | 1 MAD = 1.3030 GHS | |
Moroccan dirham to West African CFA franc | 1 MAD = 59.8135 XOF | |
Moroccan dirham to UAE dirham | 1 MAD = 0.3624 AED | |
Moroccan dirham to British pound | 1 MAD = 0.0781 GBP |
All currencies MAD
currency/MAD | Converter | |
---|---|---|
US dollar to Moroccan dirham | 1 USD = 10.1335 MAD | |
Turkish lira to Moroccan dirham | 1 TRY = 0.3136 MAD | |
euro to Moroccan dirham | 1 EUR = 10.9667 MAD | |
Saudi riyal to Moroccan dirham | 1 SAR = 2.7019 MAD | |
Bitcoin to Moroccan dirham | 1 BTC = 700022.9794 MAD | |
UAE dirham to Moroccan dirham | 1 AED = 2.7595 MAD | |
Algerian dinar to Moroccan dirham | 1 DZD = 0.0751 MAD | |
British pound to Moroccan dirham | 1 GBP = 12.7983 MAD | |
Qatari rial to Moroccan dirham | 1 QAR = 2.7811 MAD | |
Nigerian naira to Moroccan dirham | 1 NGN = 0.0071 MAD | |
Ghanaian cedi to Moroccan dirham | 1 GHS = 0.7675 MAD |
Major currencies
currency | ISO 4217 |
---|---|
Indian rupee | INR |
US dollar | USD |
Bangladeshi taka | BDT |
Pakistani rupee | PKR |
UAE dirham | AED |
British pound | GBP |
euro | EUR |
Saudi riyal | SAR |
Malaysian ringgit | MYR |
Canadian dollar | CAD |