What is the currency of Morocco?
If you are planning to visit Morocco or just want to learn about it, it’s important to understand the money used in Morocco.
This simple guide explains everything you need to know about Morocco’s currency – its name, how to use it, where to exchange it, and helpful tips for travelers.
1. The Currency of Morocco
The money used in Morocco is called the Moroccan Dirham.
Currency name: Moroccan Dirham
Currency code: MAD
Common symbols: د.م. (Arabic) or DH (French)
1 Dirham = 100 centimes (or santimat)
Prices in shops or restaurants may show DH or د.م. next to the numbers.
Moroccan Currency
2. A Short History of the Moroccan Dirham
The name “dirham” comes from the old Greek word “drachma.” Long ago, this word was used in the Islamic world too.
Before 1882: People used coins from different countries.
1882–1960: Morocco used the Moroccan franc because of French and Spanish control.
1960: After Morocco became independent, the Moroccan Dirham became the official currency.
Today, the central bank of Morocco (called Bank Al-Maghrib) controls the currency.
3. Coins and Banknotes in Morocco
Knowing about Moroccan coins and banknotes will help you when paying or shopping.
Coins:
Small coins are: 1, 5, 10, 20 centimes
Bigger coins are: 0.5, 1, 2, 5, 10 Dirhams
Coins look different in color and size. The 1 Dirham coin is silver, while the 5 and 10 Dirham coins are silver and gold-colored.
Banknotes (paper money):
Common notes: 20, 50, 100, 200 Dirhams
Each note has a picture of King Mohammed VI and shows parts of Moroccan culture and buildings.
4. What is the Exchange Rate for the Dirham?
The exchange rate tells you how much one Dirham is worth in other currencies like US Dollars, Euros, or British Pounds.
Example rates in 2025 (these may change):
1 USD ≈ 10 MAD
1 EUR ≈ 11 MAD
1 GBP ≈ 12.5 MAD
🔄 Tip: Use apps like XE.com or Wise.com to check the latest exchange rate before your trip.
5. Where to Exchange Money in Morocco
You can exchange your money easily in Morocco. Here are the best places:
Good options:
Banks – Safe and trusted, open Monday to Friday
Exchange offices – Found in airports, cities, and tourist places
ATMs – You can use your card to get cash in Dirhams
Not recommended:
Street exchange – This is illegal and can be dangerous
💡 Tip: Bring a little local money (like 50 USD) in cash when you arrive. Then you can exchange more later at better rates.
6. Can You Use Foreign Money in Morocco?
No. Only the Moroccan Dirham is accepted in most places. Some tourist shops might take Euros or Dollars, but it is not common.
✅ Always pay in Dirhams for the best price.
7. Can You Use Credit Cards and ATMs in Morocco?
Credit and debit cards:
You can use cards at hotels, big restaurants, and some shops
Many small places only accept cash
ATMs:
ATMs are in all cities and airports
Most accept Visa, Mastercard, and international cards
You can choose English or French at the ATM
🏧 Tip: At ATMs, choose to be charged in Dirhams, not in your home currency, to avoid extra fees.
8. Can You Take Moroccan Money Outside the Country?
Moroccan Dirhams are a closed currency. This means:
You cannot take a lot of Dirhams out of the country
It is better to exchange your leftover money before you leave
You need your receipt from the first exchange to change money back
✈️ Tip: Exchange any leftover Dirhams at the airport before your flight home.
9. How Much Things Cost in Morocco
Prices are usually lower than in Europe or North America. Here are some examples:
Bottle of water (1.5 L) 6 – 10 MAD ($0.60 – $1)
Simple street food 15 – 30 MAD ($1.50 – $3)
Full meal in a restaurant 70 – 150 MAD ($7 – $15)
Short taxi ride15 – 50 MAD ($1.50 – $5)
3-star hotel (per night)300 – 700 MAD ($30 – $70)
🛍️ Tip: In markets, you can bargain or negotiate the price. It’s part of the culture!
10. Common Questions About Moroccan Currency
Q1: Should I bring cash or use my card?
Bring both. Use cash for shopping and taxis. Use cards in hotels or large places.
Q2: Are traveler’s checks accepted in Morocco?
No. Traveler’s checks are not common anymore. Use a debit or credit card instead.
Q3: Is it better to exchange money at home or in Morocco?
Exchange a small amount at home, and more after you arrive in Morocco. You will get a better rate.
11. Tips for Using Money in Morocco
Always carry small bills and coins – many shops don’t have change.
Keep your money safe and hidden – especially in busy places.
Count your change carefully.
Don’t forget to bargain in markets – it’s normal and fun.
Keep receipts from money exchange, especially if you want to exchange back before leaving.
Use MAD with Confidence
Now you know that the Moroccan Dirham (MAD) is the only money used in Morocco. It is easy to use once you understand the coins and notes. With the right tips, exchanging money and paying for things will be simple and stress-free.
Final quick tips:
Pay in Dirhams
Use cash in markets and small towns
Use cards in hotels and big restaurants
Exchange money at banks or exchange offices
Keep your money safe and organized
Enjoy your Morocco tour and use your Dirhams wisely!
