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Currency Profile

Moroccan Dirham (MAD)

The Moroccan dirham is Morocco's official currency. It is divided into 100 centimes and Bank Al-Maghrib is the issuing authority.

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ISO codeMAD
SymbolDH
Central bankBank Al-Maghrib
Minor unitCentime
RegionMiddle East & Africa
Statusactive
Issuing authorityBank Al-Maghrib

Currency facts

About the Moroccan Dirham

MAD is the standard unit for Moroccan prices and payments. The DH abbreviation is common in local contexts, while MAD identifies the currency internationally.

Issuing authorityBank Al-Maghrib

Currency coverage

Where the Moroccan dirham is official

Official tenderMorocco

Countries

Country guides

Countries in this directory where the Moroccan dirham is official tender.

Morocco flagMoroccoMiddle East & Africa

Related Currencies

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FAQ

MAD questions

What is MAD?

MAD is the ISO 4217 code for the Moroccan dirham. The Moroccan dirham is Morocco's official currency. It is divided into 100 centimes and Bank Al-Maghrib is the issuing authority.

Who issues the Moroccan dirham?

The Bank Al-Maghrib is the principal monetary authority associated with the Moroccan dirham.

Where is MAD official tender?

MAD is official tender in Morocco.

Exchange-rate information is provided for reference only and is not financial, trading or investment advice.

Sources and review

Official references and editorial review

Reviewed by: CurrencyHub Editorial Team

Editorially reviewed:

Sources
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