Moroccan dirham
| الدرهم المغربي (Arabic) ⴰⴷⵔⵀⵎ ⵏ ⵍⵎⵖⵔⵉⴱ (Berber languages) | |
|---|---|
Coins and banknotes of the Moroccan dirham | |
| ISO 4217 | |
| Code | MAD (numeric: 504) |
| Subunit | 0.01 |
| Unit | |
| Symbol | DH |
| Denominations | |
| Superunit | |
| 10 | rial |
| Subunit | |
| centime (cent) | |
| Banknotes | |
| Freq. used | 20, 50, 100 & 200 dirhams |
| Coins | |
| Freq. used | , 1, 2, 5 & 10 dirhams |
| Rarely used | 10 & 20 centimes |
| Demographics | |
| Official user(s) | Morocco |
| Unofficial user(s) | Ceuta Spain |
| Issuance | |
| Central bank | Bank Al-Maghrib (Bank of Morocco) |
| Website | www.bkam.ma |
| Valuation | |
| Inflation | 0.2% |
| Source | The World Factbook, 2019 est. |
| Pegged with | 60% EUR and 40% USD[1] |
The Moroccan dirham (Arabic: درهم, romanized: dirham, Moroccan Arabic: درهم, romanized: drhm; Berber languages: ⴰⴷⵔⵀⵎ, romanized: adrhm; sign: DH; code: MAD) is the official monetary currency of Morocco. It is made by the Bank Al-Maghrib, the central bank of Morocco.
References
- ↑ Spurgeon, Susanna (November 28, 2019). "Morocco Considers Making Exchange Rate More Flexible in January". Morocco World News.