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 Pakistani rupee | 1 MAD = 27.6883 PKR | |
Moroccan dirham to US dollar | 1 MAD = 0.0994 USD | |
Moroccan dirham to Bangladeshi taka | 1 MAD = 10.8809 BDT | |
Moroccan dirham to Indian rupee | 1 MAD = 8.2896 INR | |
Moroccan dirham to Ghanaian cedi | 1 MAD = 1.3602 GHS | |
Moroccan dirham to Mauritanian ouguiya | 1 MAD = 35.5681 MRO | |
Moroccan dirham to British pound | 1 MAD = 0.0792 GBP | |
Moroccan dirham to UAE dirham | 1 MAD = 0.3652 AED | |
Moroccan dirham to Malaysian ringgit | 1 MAD = 0.4712 MYR | |
Moroccan dirham to Nigerian naira | 1 MAD = 122.7833 NGN |
All currencies MAD
currency/MAD | Converter | |
---|---|---|
Turkish lira to Moroccan dirham | 1 TRY = 0.3109 MAD | |
Saudi riyal to Moroccan dirham | 1 SAR = 2.6818 MAD | |
euro to Moroccan dirham | 1 EUR = 10.8312 MAD | |
West African CFA franc to Moroccan dirham | 1 XOF = 0.0165 MAD | |
US dollar to Moroccan dirham | 1 USD = 10.0584 MAD | |
British pound to Moroccan dirham | 1 GBP = 12.6213 MAD | |
UAE dirham to Moroccan dirham | 1 AED = 2.7385 MAD | |
Chinese yuan to Moroccan dirham | 1 CNY = 1.3898 MAD | |
Swedish krona to Moroccan dirham | 1 SEK = 0.9324 MAD | |
Indian rupee to Moroccan dirham | 1 INR = 0.1206 MAD |
Major currencies
currency | ISO 4217 |
---|---|
Indian rupee | INR |
US dollar | USD |
Bangladeshi taka | BDT |
Pakistani rupee | PKR |
British pound | GBP |
UAE dirham | AED |
euro | EUR |
Saudi riyal | SAR |
Malaysian ringgit | MYR |
Nigerian naira | NGN |