Moroccan dirham

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**Moroccan dirham**
**درهم مغربي (Arabic)**
ISO 4217 Code	`MAD`
User(s)	Morocco and Western Sahara
Inflation	1%
Source	The World Factbook, 2005 est.
Subunit
1/100	centime
Symbol	د.م.
Coins	1, 5, 10, 20 centimes, ½, 1, 5, and 10 dirhams
Banknotes	10, 20, 50, 100, 200 dirhams
Central bank	Bank Al-Maghrib
Website	www.bkam.ma

The dirham is the currency of Morocco. Its ISO 4217 code is "MAD". It is made up of 100 centimes. The dirham is issued by the Bank Al-Maghrib, the central bank of Morocco. Due to the ongoing conflict over Western Sahara, it is also the de facto currency in the region.

The dirham was introduced in 1960. 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 centime replaced the franc.

[edit] Coins

Dirham Coins [1]
Value	Diameter	Weight	Composition	Edge	Obverse	Reverse
1 centime	17 mm	0.7 g	Aluminium	Smooth	Design of fishing	Arms of the Kingdom and inscription "Kingdom of Morocco"
5 centimes	17.5 mm	2 g	Aluminium bronze 92% copper 6% aluminium 2% nickel	Smooth	Fish in a fishing net under a boat tiller	Arms of the Kingdom and inscription "Kingdom of Morocco"
10 centimes	20 mm	3 g		Ridged	An ear of corn	Arms of the Kingdom and inscription "Kingdom of Morocco"
20 centimes	23 mm	4 g		Ridged	Design representing a Fibule	Arms of the Kingdom and inscription "Kingdom of Morocco"
1/2 dirham	21 mm	4 g	Cupronickel 75% copper 25% nickel	Ridged	Design representing communications and new technology	Arms of the Kingdom and inscription "Kingdom of Morocco"
1 dirham	24 mm	6 g	Cupronickel 75% copper 25% nickel	Ridged	Mohammed VI	Arms of the Kingdom and inscription "Kingdom of Morocco"
5 dirhams	26.2 mm	6.8 g	Ring: 82.5% iron 17.5% chromium Center: Aluminium bronze (as 20 centimes)	Ridged	Hassan II	Arms of the Kingdom and inscription "Kingdom of Morocco"
10 dirhams	28 mm	12 g	Ring: Aluminium bronze (as 20 centimes) Center: Cupronickel (as 1 dirham)	Ridged	Hassan II	Arms of the Kingdom and inscription "Kingdom of Morocco"

[edit] Banknotes

Dirham Banknotes [2]
1987 Series
Value	Colour	Obverse	Reverse
10 dirhams	Violet	Hassan II	Moroccan lute
50 dirhams	Green	Hassan II	A fantasia scene
100 dirhams	Brown	Hassan II	The Green March
200 dirhams	Blue	Hassan II	Shellfish, a branch of coral, and an Arab fishing boat.
1996 Series
20 dirhams	Brown-reddish	Hassan II	Wall fountain of the Hassan II Mosque
2002 Series
50 dirhams	Green	Mohammed VI, Mohammed V	A clay-made building (Ksour)
100 dirhams	Brown	Mohammed VI, Mohammed V, and Hassan II	The Green March
200 dirhams	Blue	Mohammed VI and Hassan II	A window of the Hassan II Mosque

Image:Morocco 50 dirhams.jpg

Current MAD exchange rates

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[edit] External links

Numismo

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