Morocco Money

Morocco Money, Currency, Exchange Rate, Tips and Bargaining

Morocco Money, Tips and Bargaining

ATM machines are in all the big cities, and many of them accept the major credit cards, although there is a five percent surcharge added by Moroccan businesses if you use them to buy goods and services.

Bargaining and tipping are essential elements in Moroccan business. Any service should include a tip of a few dirhams, which is the currency of Morocco. Restaurant tips should be five or ten percent of the total and small coins can be used to tip taxi drivers and guides. It’s always best to carry your cash in a money belt or leg pouch that’s secure and out of sight. Even though crime is low, pickpockets, purse snatchers, and rip-off artists still make a living in Morocco.

Currency

Moroccan Dirham (MAD; symbol Dh) = 100 centimes. Notes are in denominations of Dh200, 100, 50, 20 and 10. Coins are in denominations of Dh10, 5 and 1, and 50, 20, 10 and 5 centimes.

Exchange Rate

1.00 USD = 8.51 MAD
1.00 GBP = 12.91 MAD
1.00 EUR = 11.14 MAD
Currency exchange date : 18 July, 2013

Currency Exchange Tool

See also cost of Living in Morocco