What Is Morocco’s Currency? – Everything You Need to Know About the Moroccan Dirham (MAD)
💰 Morocco’s Official Currency
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.
🏛️ A Brief History of the Moroccan Dirham
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.
💹 Moroccan Dirham Abbreviation and Symbol
Abbreviation: MAD
Symbol: DH / د.م.
Subunit: 1 dirham = 100 santimat
💸 Can You Send Money from Turkey to Morocco?
Yes. ✅
With PayPorter, sending money from Turkey to Morocco is fast, secure, and cost-effective. Thanks to PayPorter’s global network covering more than 185 countries, you can transfer money to bank accounts or authorized payout locations in Morocco within minutes.
🔹 Advantages:
Low transaction fees
Transfers completed in minutes
Secure, licensed infrastructure
Extensive agent network
📍 You can visit our dedicated page to send money to Morocco.
🌍 Can the Moroccan Dirham Be Used in Turkey?
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.
💡 Interesting Facts About the Moroccan Dirham
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.
Frequently Asked Questions (FAQ) About Morocco’s Currency
What is Morocco’s official currency?
Morocco’s official currency is the Moroccan Dirham (MAD), used for all payments within the country.
Are the Euro or US Dollar accepted in Morocco?
Some tourist-oriented businesses may accept Euros or US Dollars, but the official and most widely used currency is the dirham (MAD).
Can I exchange Moroccan Dirhams in Turkey?
Yes. Some exchange offices and banks in Turkey offer Moroccan Dirham (MAD) exchange services.
Can I send money from Turkey to Morocco?
Yes. With PayPorter, you can send money from Turkey to Morocco quickly, securely, and with low fees.
How long does it take for money sent to Morocco to arrive?
PayPorter transfers usually reach the recipient within minutes. The exact time may vary depending on the bank or payout location.
Can I withdraw money from ATMs in Morocco?
Yes. Most international cards are accepted at ATMs in Morocco. Transaction fees may vary depending on your bank.
Last Uptade: December 2025
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