Currency: Moroccan Dirham

The Moroccan Dirham is the official currency of Morocco. One US dollar is worth around 9.00 MAD. The Moroccan Dirham (MAD) is the currency of Morocco, which is situated in North Africa. It was first introduced in 1882, replacing the Moroccan Franc. The dirham is subdivided into 100 centimes. The Bank Al-Maghrib is responsible for issuing and managing the currency. The dirham is widely used throughout the country and is accepted at most major businesses, including hotels, restaurants, and shops. The currency has experienced relatively little fluctuation in recent years, making it a stable currency in the region.