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Uruguay How to open a bank account in Singapore for foreigners
This article covers: Key Takeaways Types of bank accounts for foreigners in Singapore Bank requirements…
30 Mar 2026
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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.
