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Morocco Money & Currency Guide
Everything you need to know about money in Morocco
MAD
Currency Code
Dirham
Currency Name
100
Centimes per Dirham
~10
MAD per USD
Understanding the Moroccan Dirham
Banknotes
20 MAD~$2 USD
50 MAD~$5 USD
100 MAD~$10 USD
200 MAD~$20 USD
* 200 MAD is the largest commonly used note. Higher denominations exist but are rare.
Coins
5 centimes~$0.005
10 centimes~$0.01
20 centimes~$0.02
50 centimes~$0.05
1 MAD~$0.10
2 MAD~$0.20
5 MAD~$0.50
10 MAD~$1.00
Exchange Rates & Where to Exchange
US Dollar
USD
1 USD = 9.8 - 10.2 MAD
Widely accepted for exchange
Euro
EUR
1 EUR = 10.5 - 11.0 MAD
Best rates, preferred currency
British Pound
GBP
1 GBP = 12.3 - 12.8 MAD
Good rates at major bureaus
Best Places to Exchange
- Banks
Best rates, most secure. Open 8:30 AM - 4:30 PM
- Official Bureau de Change
Good rates, often in tourist areas
- Airport (arrival)
Exchange small amount for immediate needs
Avoid These
- Street money changers
Illegal and risky, possible counterfeit
- Hotel exchange desks
Convenient but poor rates
- Exchanging at departure
Difficult to exchange MAD outside Morocco
Important: The Moroccan Dirham is a closed currency. You cannot buy or sell it outside Morocco. Plan to exchange or withdraw when you arrive, and spend or convert remaining Dirhams before leaving.
Payment Methods
Cash (Dirham)
Universal
Pros
- Accepted everywhere
- Best for haggling
- Required in souks
Cons
- Need to carry cash
- Exchange fees
Credit Cards
Tourist areas
Pros
- Convenient
- Good exchange rate
- Safer than cash
Cons
- Foreign transaction fees
- Not accepted in souks
- May need PIN
Debit Cards
ATMs
Pros
- ATM withdrawals
- Good rates
- Widely available
Cons
- ATM fees
- Daily limits
- Card may be blocked
Mobile Payments
Limited
Pros
- Convenient where accepted
- No cash needed
Cons
- Very limited acceptance
- Not reliable
ATM Tips
Finding ATMs
- ATMs are widely available in cities and tourist areas
- Major banks: BMCE, Attijariwafa, Banque Populaire
- Use ATMs attached to banks for security
- Withdraw before heading to rural areas
ATM Tips
- Notify your bank before traveling
- Decline dynamic currency conversion (pay in MAD)
- Typical limit: 2,000-4,000 MAD per withdrawal
- Have a backup card in case one is blocked
Tipping Guide
| Service | Amount | Note |
|---|---|---|
| Restaurant | 10-15% | Often included, check bill |
| Hotel porter | 10-20 MAD | Per bag |
| Housekeeping | 20-50 MAD | Per day or at end of stay |
| Tour guide | 100-200 MAD | Per day, per person |
| Driver | 50-100 MAD | Per day, per person |
| Cafe/Taxi | Round up | 5-10 MAD |
| Hammam attendant | 30-50 MAD | After service |
| Mosque guide | 20-50 MAD | For unofficial guides |
Daily Budget Guide
Budget
400-600 MAD
($40-60 USD)
Hostels, street food, public transport
- Basic hostel/guesthouse
- Street food and simple cafes
- Public buses and shared taxis
- Free attractions and walking tours
Mid-Range
1,000-2,000 MAD
($100-200 USD)
Riads, restaurants, guided tours
- Comfortable riad accommodation
- Mix of restaurants and cafes
- Private transfers when needed
- Guided day trips and activities
Luxury
3,000-6,000+ MAD
($300-600+ USD)
Boutique hotels, fine dining, private tours
- Luxury riads and 5-star hotels
- Fine dining experiences
- Private guides and vehicles
- Premium experiences and spas
Need Help Planning Your Budget?
Our tour packages include most expenses so you know exactly what to budget. Let us help you plan a worry-free trip.