MOROCCO
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Moroccan Money
The Moroccan Dirham is the currency in Morocco.
Moroccan Dirham (MAD)= 100 centimes.
Notes are in MAD200, 100, 50, 20 & 10.
Coins are in: MAD10, 5 and 1, and 50, 20, 10 & 5 centimes.
Moroccan Money and Moroccan Banks
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The Moroccan Dirham is the official currency of Morocco. Moroccan Dirham (MAD) = 100 centimes. Notes are in denominations of MAD200, 100, 50, 20 and 10. Coins are in denominations of MAD10, 5 and 1, and 50, 20, 10 and 5 centimes. For an instant online currency exchange rate .
Moroccan Dirham Exchange Rate Indicators as of July 2007
| 1 Australian Dollar - | 7.28 Moroccan Dirham |
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| 1 British Pound - | 16.93 Moroccan Dirham |
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| 1 Canadian Dollar - | 7.93 Moroccan Dirham |
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| 1 Euro - | 11.33 Moroccan Dirham |
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| 1 Swiss Franc - | 6.81 Moroccan Dirham |
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| 1 US Dollar - | 8.23 Moroccan Dirham |
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Currency Exchange in Morocco
Moroccan Dirhams can only be obtained in Morocco. Foreign and traveller’s cheques can be exchanged at official bureaux de change only (identified by a golden sign); changing money in the street is illegal. There is no commission charge and visitors will be issued with a receipt which they must keep in order to exchange Moroccan currency back into the original national currency upon departure.
: and are widely accepted in Morocco. ATMs are widely available.
Traveller Cheques: International traveller’s cheques are accepted. Travellers are advised to take traveller’s cheques in Pounds Stirlings or US Dollars and chould be changed at banks.
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Useful Travel Money Saving Tips
Travel Insurance: Buy your travel insurance for Morocco direct from an Insurance Company than your travel agent. Click on in Canada to compare and buy cheap travel insurance.
Mobile Phone Calls: Avoid mobile roaming charges, with an international SIM card for Morocco. Receive FREE incoming and call Canada for less by clicking .
International Phone Cards: for Morocco can save you lots of money when calling home from Morocco.
Credit and Debit Cards: Choosing the best to use on holiday can make a big difference.
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