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Season MMXXVIFrom Marrakech to the Sahara, privately kept.Plan Your Journey
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Serenity Morocco ToursS
SerenityMorocco Tours

Crafting extraordinary journeys through Morocco's timeless landscapes. We curate experiences that transform travel into art.

31 Rue 110, Hay Moulay Abdellah
Casablanca, Morocco 20000
+212 701 664 704concierge@serenitymoroccotours.com

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درهم
Practical Money Guide

Money in Morocco

Everything you need to know about the Moroccan Dirham, where to exchange currency, ATM strategies, tipping customs, daily budgets, and how to avoid common money scams.

Read the GuideBargaining Guide
MAD
ISO Currency Code
Dirham
Official Name
100
Centimes = 1 Dirham
Controlled
Cannot export MAD
The Currency

The Moroccan Dirham (MAD)

The Moroccan Dirham (درهم مغربي) is the official currency. The ISO code is MAD, and it is commonly abbreviated as MAD or DH locally.

The dirham is a controlled currency. You cannot bring it into Morocco (officially) and you cannot easily take it out. Exchange any leftover dirhams before departure at the airport exchange bureau.

Banknotes in Circulation

20 MADSmall purchases, tips
50 MADMeals, taxi rides
100 MADMarket shopping
200 MADLargest common note

Coins

1 MADPlus centimes (1/100 dirham)
2 MADCommon for small tips
5 MADWidely circulated
10 MADLargest coin denomination

Centime coins (5, 10, 20, 50 centimes) exist but are rarely used in daily transactions.

Approximate Exchange Rates

These are approximations for budgeting. Rates fluctuate daily -- check a live converter such as xe.com before your trip.

1 USD

~10 MAD

approximate

1 EUR

~11 MAD

approximate

1 GBP

~12.5 MAD

approximate

Currency Exchange

Where to Exchange Currency

Recommended

Bank branches (Banque Populaire, Attijariwafa, CIH, BMCE)

Best official rates. Bring your passport. Transactions may take 10-15 minutes.

ATM withdrawals

Often the best effective rate (interbank rate minus your bank's foreign transaction fee). See ATM section below for details.

Licensed exchange offices (Bureaux de Change)

Found in tourist areas. Rates vary between offices -- compare before committing.

Avoid

Airport bureaux de change

Convenient but worst rates. Use only for immediate small needs on arrival.

Hotels

Almost always poor rates with built-in commissions. Last resort only.

Black market / street exchangers

Illegal in Morocco. Exposes you to fraud and counterfeit notes. Never exchange money with strangers on the street.

Cash Withdrawals

ATMs in Morocco

Key Information

  • ATMs (guichet automatique / DAB) are widely available in cities and most towns.
  • Visa and Mastercard accepted at most ATMs. American Express coverage is limited.
  • Typical withdrawal limits: 2,000-4,000 MAD per transaction. Some machines allow 6,000 MAD.
  • Your home bank may charge 1-5% for international withdrawals. Check before travel.
  • Dynamic Currency Conversion: When the ATM offers to charge in YOUR home currency instead of MAD -- ALWAYS choose MAD. The ATM's conversion rate is worse than your bank's.
  • Notify your bank before traveling to prevent automatic card blocks.

Best ATMs to Use

Banque Populaire

Most reliable ATMs with the widest coverage across Morocco

Attijariwafa Bank

Largest bank, widely located in cities and tourist areas

CIH Bank

Modern ATMs, generally reliable

BMCE Bank of Africa

Strong presence at airports

Avoid independent ATMs in tourist areas -- higher fraud risk. Use machines attached to or inside bank branches.

Before you travel: Notify your bank that you will be using your card in Morocco. Cards are sometimes blocked automatically when used in unfamiliar countries. Carry a backup card from a different bank as a precaution.

Plastic vs. Cash

Cards in Morocco

Morocco is still primarily a cash economy outside of tourist hotels and upscale restaurants. Carry sufficient cash at all times. Visa and Mastercard have the best coverage. American Express has very limited acceptance.

LocationStatusNotes
Upscale hotels and riadsCards OKVisa and Mastercard widely accepted
Larger restaurantsCards OKMost accept cards; check first
Some shops in Ville NouvelleMixedAcceptance varies by establishment
Medina shopsCash OnlyAlmost always cash only
Small restaurants and cafesCash OnlyCash only in most cases
Street food vendorsCash OnlyExclusively cash, small bills preferred
Public transport and petit taxisCash OnlyAlways cash, no exceptions
Contactless / Apple PayCash OnlyNot widely accepted; do not rely on this
Budgeting

Daily Budget Guide

How much you will spend daily depends on your travel style. Here are realistic per-person estimates.

Budget

300-500 MAD (~$30-50)

Hostel or basic riad, street food, local transport

Mid-Range

600-1,200 MAD (~$60-120)

Good riad, restaurant meals, some activities

Comfort

1,200-2,500 MAD (~$120-250)

Quality riad, good restaurants, guides

Luxury

2,500-8,000+ MAD

5-star riad, private driver, fine dining

Price Reference

What Things Cost in Morocco

Approximate prices to help you plan your spending. Prices vary by city and season.

ItemApproximate Price
Street food meal15-40 MAD
Restaurant lunch50-120 MAD
Riad dinner150-350 MAD
Bottle of water (1.5L)5-8 MAD
Mint tea5-15 MAD
Petit taxi short trip10-25 MAD
Museum entry20-70 MAD
Hammam entry15-30 MAD
Basic hammam treatment80-150 MAD
Beni Ourain carpet (small)500-1,500 MAD (after negotiation)
Argan oil (100ml, cooperative)50-90 MAD
Tipping Customs

Tipping Culture in Morocco

Tipping is expected and appreciated. Morocco is a tipping culture where small gratuities are a routine part of daily life and an important part of many service workers' income.

ServiceAmountDetails
Restaurant (sit-down)10-15% of billIf service charge is not already added
TaxiRound up to nearest 5 MADSmall gesture, always appreciated
Hotel staff (porter/housekeeping)10-20 MAD per servicePer bag carried or per night
Tour guide100-200 MAD per dayFor good service; more for exceptional
Hammam attendant20-50 MADAfter full treatment
Souk "guide" who helped you20-50 MADIf someone helped you find a specific shop
Gas station attendant5-10 MADThey pump gas for you in Morocco

Splitting Costs / Going Dutch

In traditional Moroccan settings, the host pays. This is deeply cultural and not up for discussion.

In tourist restaurants, splitting the bill is understood and accepted. Staff will not find it unusual.

If invited to a Moroccan home, never offer to split or pay. Bring a gift instead -- pastries, dates, or high-quality tea are appropriate and appreciated.

Stay Protected

Avoiding Common Money Scams

Morocco is a safe country, but tourist areas anywhere in the world attract opportunists. Awareness is your best defense.

Fake "free" guides

Someone offers to show you the way for "free," then demands a large payment at the end. Agree on a price before accepting help, or politely decline.

Broken card machine trick

A shop claims their credit card machine is "broken" to pressure you into paying cash at an inflated price. Walk away if uncomfortable.

ATM skimmers

Use ATMs inside bank branches rather than standalone machines in tourist areas. Check for loose card readers before inserting your card.

Currency short-changing

Count your change carefully, especially when paying with larger notes. Do the math before walking away.

Commission confusion

If someone leads you to a shop, 30-50% of what you pay may go to them as commission. Know this and factor it into your negotiation.

Related Guides

Continue Reading

Bargaining Masterclass

Master the art of negotiation in Morocco's souks. Psychology, phrases, pricing, and cultural etiquette.

Read Guide

Getting Around Morocco

Trains, buses, taxis, private drivers, and every transport option with costs and tips.

Read Guide

Packing Guide

The complete packing list for Morocco -- what to bring for every season and every type of trip.

Read Guide
Transparent Pricing

Travel With Financial Confidence

Our tour packages include transparent, all-inclusive pricing. Accommodation, meals, guides, and transport are covered -- so you know exactly what to budget for personal spending, souvenirs, and tips.

Browse Our ToursPlan a Custom Trip