Ghana 
Kenya 
Nigeria 
Uganda 
Europe 
Austria 
Belgium 
Bulgaria 
Croatia 
Cyprus 
Czech Republic 
Denmark 
Estonia 
Finland 
France 
Germany 
Greece 
Hungary 
Iceland 
Ireland 
Italy 
Latvia 
Lithuania 
Luxembourg 
Malta 
Monaco 
Netherlands 
Norway 
Poland 
Portugal 
Romania 
San Marino 
Slovakia 
Slovenia 
Spain 
Sweden 
Switzerland 
Turkey 
United Kingdom 
Argentina 
Brazil 
Canada 
Chile 
Colombia 
Dominican Republic 
Guatemala 
Mexico 
Peru 
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MAD - Moroccan Dirham currency
Morocco
The Moroccan Dirham (MAD) is the official currency of Morocco and the disputed territory of Western Sahara. It is issued by Bank Al-Maghrib, the central bank of Morocco. Introduced in 1960, replacing the Moroccan franc, the dirham has become the country's standard monetary unit. The dirham is further subdivided into 100 centimes. While the currency is officially restricted from being taken out of Morocco, it is commonly exchanged in international markets. The Moroccan Dirham is widely used for trade, tourism, and remittances, reflecting Morocco’s vibrant economic connections with Europe, Africa, and the Middle East.
MAD - Moroccan Dirham profile
Symbol
DH
ISO 4217 Code
MAD
Central Bank
Bank Al-Maghrib
Nicknames
Dirham
Countries using this currency
Morocco, Western Sahara
MAD - Moroccan Dirham live currency rates
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Last updated: Exchange rates here are informational, reflecting mid-market rates which fluctuate regularly. For an estimation of the rates offered by Instarem, please check our currency conversion calculator at the time of transfer.
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Disclaimer: All information in this article is provided for general knowledge and educational use only. It should not be considered legal, tax, or financial advice. We recommend contacting a licensed expert in your area for assistance with specific concerns.
