Moroccan dirham

Also known as Maza

currency of Morocco

AI overview

The Moroccan dirham is the official money used in Morocco for buying and selling goods and services. It matters because it's essential for conducting everyday transactions and international trade in the country.

AI-generated from the Wikipedia summary — may contain errors.

~8 min read

Encyclopedic overview

The Moroccan dirham (Arabic: درهم, romanized: dirham, Moroccan Arabic: درهم, romanized: derhem; sign: DH; code: MAD; Standard Moroccan Tamazight: ⴷⵔⵀⵎ) is the official monetary currency of Morocco. It is issued by the Bank Al-Maghrib, the central bank of Morocco. One Moroccan dirham is subdivided into 100 santimat (singular: santim; Arabic: سنتيم).

History

Excerpted from Wikipedia’s “Moroccan dirham” article, available under the CC BY-SA 4.0 licence.