Moroccan dirham
currency of Morocco
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.
Moroccan dirham | |||
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الدرهم المغربي (Arabic) ⴰⴷⵔⵀⵎ ⵏ ⵍⵎⵖⵔⵉⴱ (Berber languages) | |||
| |||
ISO 4217 Code | MAD | ||
Official user(s) | Morocco | ||
Unofficial user(s) | Ceuta | ||
Inflation | 0.2% | ||
Source | The World Factbook, 2019 est. | ||
Pegged with | 60% EUR and 40% USD[1] | ||
Superunit | |||
10 | rial | ||
Subunit | |||
centime (cent) | |||
Symbol | DH | ||
Coins | |||
Freq. used | , 1, 2, 5 & 10 dirhams | ||
Rarely used | 10 & 20 centimes | ||
Banknotes | |||
Freq. used | 20, 50, 100 & 200 dirhams | ||
Central bank | Bank Al-Maghrib (Bank of Morocco) | ||
Website | www.bkam.ma |
References
change- ↑ Spurgeon, Susanna (November 28, 2019). "Morocco Considers Making Exchange Rate More Flexible in January". Morocco World News.