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When most of Morocco became a French protectorate in 1912 it switched to the Moroccan franc. The dirham was reintroduced on 16 October 1960. [5] It replaced the franc as the major unit of currency but, until 1974, the franc continued to circulate, with 1 dirham = 100 francs. In 1974, the centime replaced the franc.
European Union Austria Belgium Croatia Cyprus Estonia Finland France Germany Greece Ireland Italy Latvia Lithuania [6] Luxembourg Malta Netherlands Portugal Slovakia Slovenia Spain Egypt Russia [7] Somalia United States
States generally have a monopoly on the issuing of currency, although some states share currencies with other states. For the purposes of this list, only currencies that are legal tender , including those used in actual commerce or issued for commemorative purposes, are considered "circulating currencies".
Tourism is increasingly focused on Morocco's culture, such as its ancient cities. The modern tourist industry capitalises on Morocco's ancient and Islamic sites and on its landscape and cultural history. 60% of Morocco's tourists visit for its culture and heritage. Agadir is a major coastal resort and has a third of all Moroccan bed nights. [171]
A currency union (also known as monetary union) is an intergovernmental agreement that involves two or more states sharing the same currency. These states may not necessarily have any further integration (such as an economic and monetary union , which would have, in addition, a customs union and a single market ).
Currently the US State Department has no travel advisory for Morocco. The UK Foreign Office doesn’t advise against travel, instead advising travelers to check with their tour operator whether ...
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Morocco's stance is supporting the search for peace in the Middle East, encouraging Israeli–Palestinian negotiations and urging moderation on both sides. Morocco maintains close relations with Saudi Arabia and the Persian Gulf states, which have provided Morocco with substantial amounts of financial assistance. Morocco was the first Arab ...