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Moroccan dirham

Currency
Local nameدرهم مغربي  
ISO 4217 CodeMAD
Official userMorocco
Inflation2%
Subunit
1/100santim
Symbolد.م.
Coins and Banknotes
Rarely used coins5 santimat
Central bankBank Al-Maghrib

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The dirham ( ) is the currency of Morocco. The plural form is pronounced darahim, although in French and English "dirhams" is commonly used. Its ISO 4217 code is "MAD". It is subdivided into 100 santimat (singular: santim, Arabic singular: سنتيم, plural: سنتيما or سنتيمات). The dirham is issued by the Bank Al-Maghrib, the central bank of Morocco. It is also the de facto currency in Western Sahara. While the dirham is a fully convertible currency, export of the local currency is prohibited by law, but seldom controlled.


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