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UAE dirham [10] AED United Arab Emirates: AED [11] Moroccan dirham: MAD Morocco: DH Djiboutian franc: DJF Djibouti: Fdj Egyptian pound: EGP Egypt £E or ج.م or L.E. Lebanese pound [12] LBP Lebanon £L and ل.ل [12] [13] Sudanese pound: SDG Sudan: SDG or ج.س Syrian pound [14] SYP Syria £S [15] Omani rial [16] OMR Oman: ر.ع [17] Qatari ...
The dirham, [a] dirhem [b] or drahm [c] is a unit of currency and of mass. It is the name of the currencies of Morocco, the United Arab Emirates and Armenia, and is the name of a currency subdivision in Jordan, Libya, Qatar and Tajikistan. It was historically a silver coin.
The lettering "ONE DIRHAM", below that is the value (Older versions use Eastern Arabic numerals while newer ones use Western Arabic numerals), below that is the lettering "درهم", and below that is the lettering "STATE OF QATAR" 1973: 5 dirhams: 22 mm: 2.83 g: Copper-clad Steel: Smooth
A joint venture fund was set up between Morocco and Qatar's sovereign wealth fund in November 2011. It was reportedly valued at $2 billion, with both partners contributing equal funding. [3] Morocco and Qatar's trade volume was valued at $70 million in 2015. [18] In 2016, Qatar ranked fifth in direct foreign investment in Morocco. [2]
The Moroccan dirham (Arabic: درهم, romanized: dirham, Moroccan Arabic: درهم, romanized: derhem; sign: DH; code: MAD) is the official monetary currency of Morocco. It is issued by the Bank Al-Maghrib, the central bank of Morocco. One Moroccan dirham is subdivided into 100 santimat (singular: santim; Arabic: سنتيم).
Decree n° 1.59.233 of 30 June 1959 created the Banque du Maroc, which took over the issuance of money the next day, and replaced the State Bank of Morocco. In October, the Banque du Maroc issued a new currency, the Moroccan dirham. The Banking Act of 21 April 1967 enhanced the role of "Banque du Maroc", particularly in the field of banking ...
The rial was introduced when Morocco adopted a modern style coinage in 1882. It replaced a system consisting of copper falus , silver dirham and gold benduqi . In Spanish Morocco , the rial was replaced by the Spanish peseta in 1912 at a rate of 1 rial = 5 pesetas.
Morocco's trade imbalance rose from $86 billion to $118 billion dirhams between 2006 and 2007 – a 26.6% increase bringing the total amount to 17% of GDP. The Caisse de dépôt et de gestion forecasts that if imports continue to rise faster than exports, the disparity could reach 21% of GDP. Foreign Trade Minister Abdellatif Maâzouz said ...