🇲🇦 Moroccan Dirham (MAD) TradingHours.com
MAD Currency Demographics
The primary country using the Moroccan Dirham is Morocco.
The currency code for the Moroccan Dirham is "MAD". The ISO 4217 number for this currency is 504.
There are approximately 37,344,787 people around the world who use the Moroccan Dirham. The Moroccan Dirham is the #37 most used widely currency is the world.
37,344,787 user population
Ranked #37 in the worldMAD Exchange Rates
1 Moroccan Dirham equals:
† Rates last updated at 10 hours ago
‡ Rates are the interbank rate and are only available on large transactions
MAD Currency Facts
MAD Details
| ISO 4217 Code | MAD |
|---|---|
| ISO 4217 Number | 504 |
| Unit Name | Dirham |
| Symbol | N.a. |
| Currency Nicknames | N.a. |
MAD Denominations
| Minor Unit Name | N.a. |
|---|---|
| Minor Unit Symbol | N.a. |
| Minor Units | 2 |
| Frequently Used banknotes | 20, 50, 100, 200 |
| Rarely Used Banknotes | N.a. |
| Frequently Used Coins | 1, 2, 5, 10, 20, 50 |
| Rarely Used Coins | 5 |
MAD Issuance
| Central Bank | Bank Al-Maghrib |
|---|---|
| Central Bank Website | http://www.bkam.ma |
World Bank Statistics
| Estimated User Population | 37,344,787 people |
|---|---|
| Population Rank | #37 |
| MAD Inflation Rate | 6.66% |
| Inflation Rank | #66 |
† Population and Inflation rate as based on data from the World Bank.
‡ Corrections or suggestions? Please contact us.
2023 MAD Currency Holidays
MAD Currency History
The Moroccan Dirham was created in January 1977. The table below shows the history of currencies that ultimately became the Moroccan Dirham.
| Currency | Active | Replaced By |
|---|---|---|
| Moroccan franc (MAF) | January 1921 to December 1976 | MAD |