الدرهم المغربي (Arabic) | |
---|---|
ISO 4217 | |
Code | MAD (numeric: 504) |
Subunit | 0.01 |
Unit | |
Symbol | DH |
Denominations | |
Subunit | |
1⁄20 | rial (informal) |
1⁄100 | santim (official) franc (informal) |
Plural | |
santim (official) franc (informal) | santimat |
Banknotes | 20, 50, 100, 200 dirhams |
Coins | 10, 20 santimat, ½, 1, 2, 5 & 10 dirhams |
Rarely used | 1 santim, 5 santimat |
Demographics | |
Replaced | Moroccan franc |
User(s) | Morocco |
Issuance | |
Central bank | Bank Al-Maghrib (Bank of Morocco) |
Website | www |
Valuation | |
Inflation | 0.2% |
Source | The World Factbook, 2019 est. |
Pegged with | 60% EUR and 40% USD[1] |
The Moroccan dirham (Arabic: درهم, romanized: dirham, Moroccan Arabic: درهم, romanized: derhem; sign: DH; code: MAD) 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).