Everything you need to know
Morocco Currency
Travelling to or living in Morocco? Managing your money shouldn’t be stressful. With TransferGo, you can send, spend, and exchange money affordably — so more of your money goes where it matters.
Use the TransferGo card in Morocco
The TransferGo card helps you spend smarter in Morocco. Pay in local shops, withdraw cash from ATMs, and enjoy contactless or virtual payments — all while avoiding hidden bank fees and poor exchange rates. Everything is managed from the app, so you’re always in control of your money.
What is the currency in Morocco?
The official currency of Morocco is the Moroccan dirham
The dirham replaced the Moroccan franc in 1960 after independence and is issued by Bank Al-Maghrib.
MAD, د.م.
Banknotes
20
50
100
200 dirhams
Coins
1
2
5
10 dirhams
1
5
10
20 centimes
Popular Dirham pairings
A
B
C
D
E
F
G
H
I
J
K
L
M
N
O
P
Q
R
S
T
U
V
W
X
Z
How to spend money in Morocco
Cash is dominant, especially in markets, taxis, and small shops. In Casablanca, Rabat, and Marrakech, cards are accepted in hotels, restaurants, and larger shops. Mobile payments are gradually growing. ATMs are common in cities but limited in rural areas.
Tips for exchanging money in Morocco
Exchange money at banks or licensed bureaux for fair rates.
Avoid airport kiosks and street exchangers.
Pay in dirhams to avoid conversion fees.
Keep small notes for taxis, markets, and minor purchases.
Choose smart tools like TransferGo to send and exchange money at transparent rates with no surprises.
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Frequently asked questions
What is the official currency used in Morocco?
Moroccan dirham (MAD).
What is the official currency used in Morocco?
Symbol: د.م. | Code: MAD
Can I use my home currency in Morocco?
Not commonly; use dirhams.
How can I use the TransferGo card in Morocco?
Just activate it in the app and start spending — online, in stores, or at ATMs.
Is it better to use cash or card when spending in Morocco?
Cash is essential outside cities; cards are widely accepted in urban areas.
Are credit or debit cards widely accepted in Morocco?
Yes, in hotels and larger stores.
Are there ATMs available in Morocco, and are there withdrawal limits?
Yes, in cities; limits vary by bank.
Can I use a TransferGo card in Morocco?
Yes! You can use your TransferGo card for spending, withdrawing, or managing your money— with fair rates and no hidden fees.