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Dirham (MAD) is the currency in Morocco

Facts about Dirham

  • Country:
    Morocco
  • Currency:
    Dirham
  • Currency code (ISO 4217):
    MAD
  • Short for the currency:
    DM
  • Currency subunits:
    100 centimes

Moroccan dirham is the currency used in Morocco. It was introduced in 1960 replacing the French franc. The currency is issued by Bank Al-Maghrib in Rabat.

Where is Morocco?


Show a bigger map of Morocco

Morocco is a monarchy in northwest Africa with borders to Algeria, Sahara and Spain in north. The Moroccan government has pursued an economic program with help from the World Bank to accelerate economic growth.

A currency refers to a means of payment in one or several countries.
A currency can be shortened as a currency code of three letters.
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