INFORMATION ABOUT MOROCCAN DIRHAM
We show the updated today’s value/price of Moroccan dirham (MAD).You can get the exchange from Moroccan dirham to another currency by introducing the value or amount of Moroccan dirham (MAD) in the box and clicking the convert button. This way you can get the Moroccan dirham’s price in relation to other currencies.
INTRODUCTION TO THE MOROCCAN DIRHAM
The Moroccan dirham dates from 1882, when Morocco minted copper coins, silver dirham and gold benduqi. When Morocco became a French protectorate, it passed to the Moroccan franc. The dirham was introduced again in 1960, but the franc continued circulating until 1974. It is used by approximately 34 million two hundred seventy thousand people. You can check the today value of the Moroccan dirham and check its price.
The Bank Al-Maghrib is the Central Bank of Morocco founded in 1959. Among its functions there are: to guard the reserves of foreign currencies, to issue the Moroccan currency and to supervise the financial market of the country.
Countries that used the currency: Morocco
Name: MOROCCAN DIRHAM
Bills: 520, 50, 100, 200 dirham.
Coins: santimats = 1/100 of 1 Dirham. 1, 5, 10, 20 santimats. ½, 1, 2, 5 y 10 dirham
Issuing Agent: Bank Al-Maghrib Web: http://www.bkam.ma/