Currency and Money

Currency
and money

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Currency and Money

 

AspectDetails
Official CurrencyMoroccan Dirham (MAD)
Currency Code and SymbolCurrency Code: MAD; Symbol: DH or MAD
Exchanging Currency– Currency exchange available at banks, exchange offices, and some hotels.
– Use authorized services for fair rates.
ATMs– Widely available in urban areas.
– Accept major international credit and debit cards.
Credit Cards– Widely accepted, especially Visa and MasterCard.
– Common in major cities, hotels, and restaurants.
Cash Usage– While cards are common, having some cash is advisable.
– Useful for smaller transactions and in remote areas.
Currency Restrictions– Check for restrictions on import and export of Moroccan dirhams.
Tipping– Tipping is common, especially in restaurants and for services.
– Customary to leave a tip of around 5-10% in restaurants.

Safety Tips:
AspectDetails
Secure Currency Exchange– Use reputable currency exchange services to avoid scams or unfavorable rates.
ATM Safety– Use ATMs in well-lit and secure locations. – Be cautious during cash withdrawals.
Currency Conversion Fees– Check with your bank about foreign transaction fees or currency conversion fees.

Morocco’s official currency is the dirham (MAD; abbreviated to dh within Morocco), divided into 100 centimes. Coins are issued in denominations of 1dh, 2dh, 5dh, and 10dh, as well as 10, 20, and 50 centimes. Banknotes are issued in denominations of 20, 50, 100, and 200.

Banknotes in circulation

 

Help center

Frequently asked questions

What is the currency used in Morocco?
The official currency of Morocco is the Moroccan Dirham, abbreviated as MAD or Dhs.
Where can I exchange my currency for Moroccan Dirhams?
Currency exchange services are available at airports, banks, authorized exchange offices, and some hotels. It's advisable to compare rates to get the best deal.
Are credit cards widely accepted in Morocco?
Credit cards, especially Visa and MasterCard, are generally accepted in major cities and tourist areas. However, it's recommended to carry some cash for smaller establishments and in more remote areas.
Can I withdraw money from ATMs in Morocco?
Yes, ATMs are widely available in urban areas. They accept major international credit and debit cards. Make sure to inform your bank about your travel plans to avoid any issues with card transactions.
What is the tipping etiquette in Morocco?
Tipping is customary in Morocco. In restaurants, a tip of around 10% is appreciated. It's also common to tip hotel staff, tour guides, and drivers. However, tipping is discretionary, and the amount can vary based on the level of service.
Is it better to use local currency or US dollars or euros?
It's recommended to use local currency for most transactions. While some tourist-oriented businesses may accept US dollars or euros, it's better to have Moroccan Dirhams for a smoother experience and to avoid unfavorable exchange rates.
Are there currency restrictions for entering or leaving Morocco?
There are no strict currency restrictions for tourists entering or leaving Morocco. However, it's advisable to declare large amounts of currency to customs officials to avoid any issues.
Can I use traveler's checks in Morocco?
Traveler's checks are not as widely accepted as they once were. It's recommended to rely on a combination of cash and cards for convenience. Major credit and debit cards are more commonly used.
Are there currency exchange services at the airport?
Yes, international airports in Morocco typically have currency exchange counters where you can exchange money upon arrival or departure.
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