About Morocco - Currency

Moroccan Currency

Morocco Travel Guide: Understanding Moroccan Currency and Buying Dirhams for Your Vacation

Planning a trip to Morocco? Understanding the local currency is crucial for a smooth and enjoyable experience. This comprehensive guide will walk you through everything you need to know about Moroccan money, from its denominations to where and how to obtain it for your Morocco vacation.

The Moroccan dirham is the official currency of Morocco. While some travelers find Moroccan money confusing, it's easy to understand with a bit of knowledge. Here's what you need to know about Moroccan currency and how to obtain it for your Morocco vacation.

Understanding Moroccan Currency:

The dirham (MAD) is divided into 100 centimes
Centimes may also be called francs or pesetas in some regions
Available denominations:
- Coins: 10c, 20c, 50c, 1dh, 5dh, 10dh
- Notes: 10dh, 20dh, 50dh, 100dh, 200dh
"Rials" or "reales" are traditional terms used in some areas (20 rials = 1 dirham in most regions)

Buying Moroccan Dirhams:

In Morocco: • Airports • Major seaport stations • ATM machines • Travel agencies (compare rates)
Outside Morocco: • Pre-order at your bank • Exchange at your departure airport • Purchase in Algeciras or Gibraltar (if traveling from Spain)

Tips for Using Money in Morocco:

Use dirhams for the best exchange rates
Banks offer equal exchange rates without commission
Exchange rates are set midday on Fridays
Avoid traveler's checks due to limited exchange options

Using Credit and Debit Cards in Morocco:

Notify your bank/credit card company of travel dates
Ensure your PIN works abroad
Make copies of your cards and leave with a trusted person
Get an international contact number for your bank

Obtaining a Line of Credit:

Request a PIN for cash advances at least a few weeks before your trip
PIN can only be sent to your home address

By following these guidelines, you'll be well-prepared to handle Moroccan currency during your Morocco vacation. Remember to always check current exchange rates and keep your money secure while traveling.

Travelers' Checks:

Can be difficult to change outside of banks
10.70dh commission charged (except at Bank al-Maghrib)
Not recommended due to limited acceptance

Tips for Managing Money in Morocco

Always get an exchange receipt when changing money. You'll need it to convert unused dirhams back to your original currency.
Post offices can also exchange cash if banks are closed.
ATMs are widely available in larger towns and cities.
Tipping is customary in Morocco. For café waiters, 1-2 dirhams is typical.
Morocco is relatively inexpensive, so a little goes a long way.
Be prepared with small denominations for markets and taxis.

Avoiding Currency Scams

To prevent being overcharged:

Familiarize yourself with current exchange rates before your trip.
Use a currency converter app or website to quickly calculate prices.
Ask locals or your hotel staff about standard prices for common items and services.
Be aware that some vendors may try to confuse tourists by quoting prices in centimes instead of dirhams.
Always confirm the currency and amount before making a purchase or paying for a service.

Alternative Currency Acceptance

While it's best to use dirhams, Moroccans are often hospitable and may accept other major currencies in a pinch: