MOROCCO

(MAD) Currency News >>

CURRENCY:

Moroccan Dirham - MAD, Symbol Dh

DENOMINATIONS:

NOTE: Dh200, 100, 50, 20 and 10.

COIN: Dh10, 5 and 1, and 50, 20, 10 and 5 centimes.

US DOLLAR ACCEPTED?

N/A

CREDIT/DEBIT CARDS AND ATMS:

It is probably best not to rely on credit cards although some are accepted in larger hotels, restaurants and some shops. There are ATM machines in larger towns.

CURRENCY EXCHANGE:

NOTE: The Moroccan Dirham can only be obtained within Morocco. Do not attempt to change money in the street as it is illegal. You can obtain Dirhams via ATM machines. You will need to change Dirhams back to your currency before departing Morocco and when you change money you will be given a receipt which you must keep in order to do this.

TRAVELLER'S CHEQUES:

These are best in US dollars or Sterling.

BANKING HOURS:

Mon-Fri 0830-1830

CURRENCY RESTRICTIONS:

N/A

COUNTRY OVERVIEW:

Morocco is officially called the Kingdom of Morocco and is situated in North Africa. Despite being on the African continent, it is not a member of the African Union. The capital is Rabat and the largest city is Casablanca. The official language is Arabic.

POPULATION:

Around 32 million.

ECONOMY:

The economy of Morocco is made up of many elements. The services sector makes up for half of the GDP, and tourism is a largely growing sector. Economically speaking is quite liberal. Its main trade partner is France.