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Currency
Moroccan Dirham (MAD; symbol Dh) = 100 centimes. Notes are in denominations of Dh200, 100, 50, 20 and 10. Coins are in denominations of Dh10, 5 and 1, and 50, 20, 10 and 5 centimes.
Currency Exchange
Moroccan Dirhams can only be obtained in Morocco. The most convenient way to obtain Dirhams is through an ATM, where official rates automatically apply, but daily withdrawal limits can seem low for customers paying cash for rugs in the souks. National currencies should 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.
Credit/Debit Cards and ATMs
Some credit cards are accepted in larger restaurants, hotels, guest houses and the occasional shop in the souks. Cash can be withdrawn from ATMs in larger towns.
Traveller's Cheques
To avoid additional exchange rate surcharges, travellers are advised to take traveller's cheques in Pounds Sterling or US Dollars.
Currency Restrictions
Restrictions apply.
Banking Hours
Mon-Thurs 0830-1230 and 1500-1830, Fri 0830-1200 and 1500-1830.
Exchange Rate Indicators
| Date | Jul 08 |
| £1.00= | Dh14.39 |
| $1.00= | Dh7.23 |
| €1.00= | Dh11.50 |