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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 first territory in the Middle East to adopt the pound sterling unit of account was Cyprus.At the time of the occupation in 1878, for the purpose of paying the troops the British government instructed that a Turkish lira was to be rated at 9 ⁄ 10 of a pound sterling. [5]
Dirham (درهم) Moroccan dirham – Morocco; ... Peruvian pound – Peru; Pound sterling – United Kingdom, British Indian Ocean Territory (accepted)
United Arab Emirates dirham: Dh or Dhs (pl.) AED Fils: 100 United Kingdom: Sterling £ GBP Penny: 100 United States: United States dollar $ USD Cent [A] 100 Uruguay: Uruguayan peso $ UYU Centésimo: 100 Uzbekistan: Uzbekistani sum: Sʻ UZS Tiyin: 100 Vanuatu: Vanuatu vatu: VT VUV Cent: 100 Vatican City: Euro € EUR Cent: 100 Venezuela ...
Malawian pound; Malian franc; Manilla (money) Marchuwa; Mauritanian ouguiya; Mauritian dollar; Mauritian rupee; Mombasan rupee; Moroccan dirham; Moroccan franc; Moroccan rial; Mosi-oa-Tunya (coin) Mozambican metica; Mozambican metical
Morocco: Moroccan dirham: ... Botswana pula, pound sterling, Indian rupee, euro, Japanese yen, Australian dollar, United States dollar and the Chinese yuan)
Moroccan dirham: Dh is the singular and Dhs is the plural ... pound Pound sterling: May be displayed with one or two bars, depending on typeface. U+00A3 ...
The Moroccan Dirham has been historically pegged to a basket of currencies including the Euro and the US Dollar. In 2015, the Central Bank updated the weights of the peg to 60% for the Euro and 40% for the US dollar, against respectively 80% and 20% previously, to better reflect the current structure of foreign trade of the country. [54]