Moroccan dirham · MAD

د.م. symbol · 1 country currently using this currency.

Currency info

Adopted: 1960

Currency family: Other

The dirham symbol د.م. uses Arabic script, reflecting Morocco's cultural and linguistic heritage.

Introduced in 1960 following Morocco's independence from France
Replaced the Moroccan franc at a rate of 1 dirham = 100 francs
Name derives from the historical dinar currency used in Islamic regions
Pegged to a basket of currencies until 1973, then managed float adopted
Subdivided into 100 fils, though fils coins are rarely used in circulation

Countries currently using this currency

Related

Other Other currencies

Afghan Afghani (AFN)Albanian lek (ALL)Algerian Dinar (DZD)Angolan Kwanza (AOA)Armenian Dram (AMD)Azerbaijani Manat (AZN)Bahraini dinar (BHD)Bangladeshi taka (BDT)Belarusian ruble (BYN)Boliviano (BOB)Botswana pula (BWP)Brazilian Real (BRL)

Historical predecessor

Moroccan franc