The Moroccan rial is a term that is sometimes mistakenly used to refer to the currency of Morocco, but it is not an actual currency. The correct and official currency of Morocco is the Moroccan dirham (MAD).
Summary of Moroccan Currency:
- Official Currency: Moroccan dirham
- Abbreviation: MAD
- Symbol: DH or “د.م.” (Arabic abbreviation)
- Subunits: 1 dirham = 100 centimes
Common Confusion:
- Rial Misconception: The term “rial” refers to the currency used in several other countries, such as the Iranian rial (IRR) and the Saudi riyal (SAR). However, it is not used in Morocco.
- Moroccan Ria; was an old currency, doesn’t exist anymore, but still used in public as 5 centimes or 1 Dirham equivalent to 20 Rials.
For accurate financial planning and transactions in Morocco, always refer to the dirham (MAD) rather than the rial.
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