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 = 28.0199 PKR | |
Moroccan dirham to West African CFA franc | 1 MAD = 60.6800 XOF | |
Moroccan dirham to Egyptian pound | 1 MAD = 4.7162 EGP | |
Moroccan dirham to Bangladeshi taka | 1 MAD = 11.7924 BDT | |
Moroccan dirham to Singapore dollar | 1 MAD = 0.1352 SGD | |
Moroccan dirham to Gambian dalasi | 1 MAD = 6.8233 GMD | |
Moroccan dirham to Ghanaian cedi | 1 MAD = 1.4261 GHS | |
Moroccan dirham to Indian rupee | 1 MAD = 8.4039 INR | |
Moroccan dirham to British pound | 1 MAD = 0.0794 GBP | |
Moroccan dirham to Saudi riyal | 1 MAD = 0.3777 SAR |
All currencies MAD
currency/MAD | Converter | |
---|---|---|
Turkish lira to Moroccan dirham | 1 TRY = 0.3081 MAD | |
euro to Moroccan dirham | 1 EUR = 10.8101 MAD | |
US dollar to Moroccan dirham | 1 USD = 9.9292 MAD | |
UAE dirham to Moroccan dirham | 1 AED = 2.7033 MAD | |
Saudi riyal to Moroccan dirham | 1 SAR = 2.6475 MAD | |
Algerian dinar to Moroccan dirham | 1 DZD = 0.0739 MAD | |
British pound to Moroccan dirham | 1 GBP = 12.6004 MAD | |
Chinese yuan to Moroccan dirham | 1 CNY = 1.3761 MAD | |
Swedish krona to Moroccan dirham | 1 SEK = 0.9321 MAD | |
Indian rupee to Moroccan dirham | 1 INR = 0.1190 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 |