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Morocco Currency:
The
Moroccan Dirham (MAD) is the title of the Moroccan currency. The
currency was introduced in 1960 to replace the Franc following
the country’s independence from France. One Dirham is equivalent
to 100 centimes.
Denominations: commonly used coin denominations are for; 1,
5, 10, 20 centimes and 0.5, 1, 5 and 10 Dirhams. There are also
banknotes for; 10, 20, 50, 100 and 200 dirham.
Currency exchange:
Foreign exchange facilities can be easily found in the major
towns of Casablanca, Rabat, Tangiers and Marrakech. There are
foreign exchange bureaus and the major banks in the country also
handle currency exchange transactions.
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