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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).
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.
Present currency ISO 4217 code Country or dependency (administrating country) Currency symbol Algerian dinar: DZD Algeria: دج (Arabic) or DA (Latin) Bahraini dinar [1] BHD Bahrain.د.ب [2] Iraqi dinar [3] IQD Iraq: ع.د [4] Jordanian dinar [5] JOD Jordan: ينار [6] Kuwaiti dinar [7] KWD Kuwait: ك [7] Tunisian dinar: TND Tunisia
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It was founded in 1959 as the successor to the State Bank of Morocco (est. 1907). In 2008 Bank Al-Maghrib held reserves of foreign currency with an estimated worth of US$36 billion. In addition to currency management, the Bank Al-Maghrib also supervises a number of private banks supplying commercial banking services.
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A 1924 Moroccan 25 centimes, with Thunderbolt privy mark. In 1921, coins were introduced under the reign of Yusuf, in denominations of 25 and 50 centimes and 1 franc.The 25 centimes is a holed, cupro-nickel coin, and comes with three Privy mark varieties: no privy mark, minted in 1921 at Paris, thunderbolt privy mark minted in 1924 at Poissy, and thunderbolt and torch privy marks minted in ...
The Gregg Reference Manual: A Manual of Style, Grammar, Usage, and Formatting is a guide to English grammar and style, written by William A. Sabin [1] and published by McGraw-Hill. The book is named after John Robert Gregg. The eleventh (“Tribute”) edition was published in 2010.
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