Money Advice for Morocco

Local Currency

Moroccan Dirham (MAD)

General Advice

Major international currencies such as Euro, US Dollars and UK Sterling are widely interchangeable at banks. Nowadays there are many ATM machines located in major towns and cities providing a fast and generally reliable means of obtaining local currency.

Money Exchange

Foreign currency can be exchanged at banks and bureau de change desks in major towns and cities. The process can be slow and tedious. Banks normally close mid-afternoon.

ATM Availability

ATM machines are located in all major towns and this is the easiest way to obtain local currency. Although generally reliable, like anywhere in the world, they can be temperamental – especially on weekends and public holidays. Where possible use machines that are located inside a bank, supermarket or building.  For more information check the Visa ATM locator, the MasterCard ATM locator or the American Express ATM locator for the addresses of ATMs around the world.

Credit Cards

Credit cards are accepted in most large stores, larger restaurants and hotels in urban areas. Remember to keep all receipts and before signing check that the amount is correct. Credit cards and debit cards should always be used with caution due to the potential for fraud and other criminal activity.

Other Information

Moroccan dirham cannot be exchanged outside the country, although some stores in the Spanish enclaves of Ceuta and Melilla may accept it. Any unused dirhams can be reconverted to hard currency at the airport exchange counter upon departure (provided the exchange desks are open and you have kept the receipts for the dirhams you purchased). It is therefore recommended to exchange only as much money as is required.

Translator
Africa Travel Information