Currency in Morocco

The official currency of Morocco is the Moroccan Dirham, designated by Dhs or MAD. The plural form of Dirham is darahim, although in English “dirhams” is widely accepted.

Each dirham is made up of 100 santimat.

Banknotes and coins

Morocco has the following banknotes: 20 dhs, 50 dhs, 100 dhs and 200 dhs. The coins in circulation are: 0.5, 1, 5, 10 and 20 sentimat and 0.50, 1, 2, 5 and 10 dirhams. The coins of 1 santim are no longer minted.

ATMS and banks

Banks and cash machines may be located throughout the city, although the most convenient locations are in the city’s main plaza, Jemaa el-Fnaa, and Gueliz, Marrakech’s new district.

How to pay?

The most effective strategy to save money on commissions is to use your credit card whenever available. Card payments have a lower exchange rate and a maximum charge of 1%, depending on the card issuer.

Where to exchange currency?

Although you may pay in euros or US dollars at most stores and restaurants, retailers will constantly attempt to persuade you that the euro/dollar to dirham exchange rate is advantageous to them. As a result, we suggest using a debit or credit card wherever feasible, and paying in dirhams otherwise.

The best exchange rates are often obtained at the bureaux de change in Jemaa el-Fnaa. The exchange rates are often higher at airports and hotels.

Owing to the importance of the tourism industry in Marrakech, some riads only accept euros.

Exchange rate

10 dh (US$ 1)