Moroccan dirham

Moroccan dirham
درهم مغربي (Arabic)
ⴰⴷⵔⵉⵎ ⴰⵎⵕⵕⵓⴽⵉⵢ  (Berber)
ISO 4217
CodeMAD
Denominations
Subunit
 1/100santim
SymbolDH
Banknotes20, 50, 100 & 200 dirhams
Coins
 Freq. used½, 1, 2, 5 & 10 dirhams
 Rarely used10 & 20 santimat
Demographics
Official user(s) Morocco
Unofficial user(s) Ceuta
Issuance
Central bankBank Al-Maghrib
 Websitewww.bkam.ma
Valuation
Inflation2%
 SourceThe World Factbook, 2007 est.

The dirham (Arabic: درهمdirham, Berber languages: ⴰⴷⵔⵉⵎ adrim, French: dirham, Spanish: dírha) is the currency of Morocco. It is issued by the Bank Al-Maghrib, the central bank of Morocco. It is subdivided into 100 cents (Arabic: سنتيمات, singular: سنتيم).

History

Coins and banknotes in Moroccan dirhams (MAD).

Before the introduction of a modern coinage in 1882, Morocco issued copper coins denominated in falus, silver coins denominated in dirham, and gold coins denominated in benduqi. From 1882, the dirham became a subdivision of the Moroccan rial, with 50 Mazunas = 10 dirham = 1 rial.

When most of Morocco became a French protectorate in 1912 it switched to the Moroccan franc. The dirham was reintroduced on 16 October 1960.[1] It replaced the franc as the major unit of currency but, until 1974, the franc continued to circulate, with 1 dirham = 100 francs. In 1974, the santim replaced the franc.[2]

Other Languages
العربية: درهم مغربي
Bân-lâm-gú: Morocco dirham
беларуская: Мараканскі дырхам
беларуская (тарашкевіца)‎: Мараканскі дырхам
čeština: Marocký dirham
Cymraeg: Dirham Moroco
Esperanto: Maroka dirhamo
français: Dirham marocain
galego: Dirham
বিষ্ণুপ্রিয়া মণিপুরী: মরক্কান দিরহাম
Bahasa Indonesia: Dirham Maroko
lietuvių: Maroko dirhamas
македонски: Марокански дирхам
Nederlands: Marokkaanse dirham
Nordfriisk: Marokkaans Dirham
norsk nynorsk: Marokkansk dirham
português: Dirrã marroquino
română: Dirham marocan
српски / srpski: Марокански дирхам
Türkçe: Fas dirhemi