Currency and Spending (Morocco)

The currency of Morocco is the Moroccan Dirham, abbreviated as MAD.  Banknotes come in denominations of 20, 50, 100, and 200 Dirhams, while coins are available in denominations of 1, 5, 10 Dirhams, and 1, 5, 10, 20, and 50 centimes.

 

Exchange Rates

For approximate exchange rates (check xe.com for the latest rates before you travel):

  • AU$1 = MAD 6.5
  • NZ$1 = MAD 6
  • US$1 = MAD 10

    (Note: Rates are approximate and may fluctuate.)

Access to money

You must declare all amounts in foreign currency over MAD100,000 when you arrive and depart.

The Australian Dollar is not on the Moroccan Government-approved exchange currencies list. You will not be able to exchange cash denominated in Australian dollars while in Morocco. Prior to arriving, you should exchange Australian dollars into US dollars or euros, which Moroccan exchange bureaus accept.

Alternatively, you could use money transfer services, such as Western Union or MoneyGram, to send yourself funds that you can collect in Moroccan Dirhams using your passport. 

Only exchange currency at:

  • commercial banks
  • licensed exchange bureaus

Australian credit cards are generally accepted in larger cities and tourist centres.

ATMs are widely available in cities and most large towns.

Contact your bank to make sure your cards will work in Morocco.

It's illegal to take Moroccan Dirhams out of the country. Convert any unused Dirhams prior to your travel out of Morocco.