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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).
UAE dirham [8] AED United Arab Emirates: AED [9] Moroccan dirham: MAD Morocco: DH Djiboutian franc: DJF Djibouti: Fdj Egyptian pound: EGP Egypt £E or ج.م or L.E. Lebanese pound [10] LBP Lebanon £L and ل.ل [10] [11] Sudanese pound: SDG Sudan: SDG or ج.س Syrian pound [12] SYP Syria £S [13] Omani rial [14] OMR Oman: ر.ع [15] Qatari ...
The dirham was a unit of mass used across North Africa, the Middle East, Persia and Ifat; later known as Adal, with varying values. The value of Islamic dirham was 14 qirat. 10 dirham equals 7 mithqal (2.975 gm of silver). In the late Ottoman Empire (Ottoman Turkish: درهم), the standard dirham was 3.207 g; [1] 400 dirhem equal one oka.
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 Sûreté Nationale: First issued: 15 February 1977 (law signed) 2020 (new-generation electronic cards) Eligibility: Moroccan nationals (mandatory at age 16, optional for minors) Expiration: 10 years: Cost: 75 dirham (US$7.35, for adults and minors over age 12) 50 dirham (US$4.90, for minors under age 12) Website: cnie.ma
Moroccan dirham: DH MAD Centime: 100 2 Morocco, Sahrawi Republic: Israeli new shekel ₪ ILS Agora: 100 2 Israel, Palestine: Jordanian dinar: د.أ JOD Piastre: 100 2 Jordan, Palestine: Brunei dollar: B$ BND Sen: 100 2 Brunei, Singapore: Singapore dollar $, S$ SGD Cent: 100 2 Singapore, Brunei: Hong Kong dollar $, HK$ or 元 HKD Cent: 100 2 ...
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]