Moroccan dirham

From Simple English Wikipedia, the free encyclopedia
Jump to navigation Jump to search
Moroccan dirham
الدرهم المغربي  (Arabic)
ⴰⴷⵔⵀⵎ ⵏ ⵍⵎⵖⵔⵉⴱ  (Berber languages)
Coins and banknotes of the Moroccan dirham
Coins and banknotes of the Moroccan dirham
ISO 4217 Code MAD
Official user(s)  Morocco
Unofficial user(s)  Ceuta

 Melilla  Spain

Inflation 0.2%
Source The World Factbook, 2019 est.
Pegged with 60% EUR and 40% USD[1]
Superunit
10 rial
Subunit
1100 centime (cent)
Symbol DH
Coins
Freq. used 12, 1, 2, 5 & 10 dirhams
Rarely used 10 & 20 centimes
Banknotes
Freq. used 20, 50, 100 & 200 dirhams
Central bank Bank Al-Maghrib (Bank of Morocco)
Website [http://www.bkam.ma www.bkam.ma]

The Moroccan dirham (Arabic: درهم, romanized: dirham, Moroccan Arabic: درهم, romanized: drhm; Berber languages: ⴰⴷⵔⵀⵎ, romanized: adrhm; sign: DH; code: MAD) is the official monetary currency of Morocco. It is made by the Bank Al-Maghrib, the central bank of Morocco.

References[change | change source]

  1. Spurgeon, Susanna (November 28, 2019). "Morocco Considers Making Exchange Rate More Flexible in January". Morocco World News.