Restaurants, Hotels, Property in Morocco - Justgo Morocco

Money, banks, credit cards, etc...

The Morocco currency is the Dirham (DH) or (MAD). The dirham is divide in centimos and there is notes of 10, 50,100 and 200 Dirhams and the coins are centimes 5,10,20 and 50 centimos.

You can only buy the Dirham in Morocco and you can are not allowed to export it out of the country either. Moroccan money should be exchanged at official bureaux de change only which can be identified by a golden sign. There is no commission charge for exchanging money and you are issued with a receipt which you must keep to then exchange your Moroccan currency back into your original national currency upon departure. Changing money in the street is illegal and really is best avoided.

Travellers Cheques

To avoid additional exchange rate charges, travellers are advised to take traveller's cheques in Pounds Sterling or US Dollars.

Banks and credit cards

Money can be withdrawn in banks with a credit card and a cheque book in some larger towns. Credit/Debit cards are sometimes accepted and therea re some ATM machines in the larger cities especially. However, there is normally a high charge levied for withdrawing money.

Banking Hours

Mon-Thurs

 


0815-1215

1415-1715

Friday

 


0815-1115

1430-1730

Saturday

 


0900-1300

 


Exchange Rate September 2007

United States Dollar

Morocco Dirham

8,2

Euro

Morocco Dirham

11,2

UK Sterling

Morocco Dirham

16,48

 


 


 


Morocco Dirham

United States Dollar

0,12

Morocco Dirham

Euro

0,09

Morocco Dirham

UK Sterling

0,06

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