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Morocco’s official currency is the Moroccan Dirham (MAD).
Its international currency code is MAD.
The dirham is the legal tender used across Morocco for all financial transactions, from daily shopping and tourism to trade and digital payments.
The Moroccan Dirham became the country’s official currency in 1960, replacing the Moroccan Franc.
Over time, banknotes and coins have been redesigned through various economic reforms.
Bank Al-Maghrib (the Central Bank of Morocco) is responsible for issuing the dirham, managing its circulation, and maintaining monetary stability.
Abbreviation: MAD
Symbol: DH / د.م.
Subunit: 1 dirham = 100 santimat
Yes. ✅
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Transfers completed in minutes
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No.
The Moroccan Dirham is only valid within Morocco.
However, some exchange offices and banks in Turkey offer buying and selling of MAD.
In addition, PayPorter enables secure money transfers from Morocco to Turkey.
The Moroccan Dirham is one of the strongest and most stable currencies in North Africa.
Banknotes feature the King of Morocco as well as the country’s cultural and historical architecture.
The word “dirham” originates from the Ancient Greek word “drachma.”
Although cash is still widely used in Morocco, mobile payments and card transactions are increasing every year.
Morocco’s official currency is the Moroccan Dirham (MAD), used for all payments within the country.
Some tourist-oriented businesses may accept Euros or US Dollars, but the official and most widely used currency is the dirham (MAD).
Yes. Some exchange offices and banks in Turkey offer Moroccan Dirham (MAD) exchange services.
Yes. With PayPorter, you can send money from Turkey to Morocco quickly, securely, and with low fees.
PayPorter transfers usually reach the recipient within minutes. The exact time may vary depending on the bank or payout location.
Yes. Most international cards are accepted at ATMs in Morocco. Transaction fees may vary depending on your bank.
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This content is for general informational purposes only and does not aim to cover all details of the topics discussed. It should not be considered a substitute for professional advice. Nothing in this publication constitutes legal, tax, or professional consulting services by PayPorter or its affiliates.
Although we strive to keep our content accurate and up-to-date, we make no guarantees regarding the completeness or accuracy of the information provided.