One of the most frequently asked questions people search before their visit to Morocco is, “What currency should I bring for my trip to Morocco?”.
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The local currency of Morocco is the Moroccan Dirham (MAD), which is made up of 100 santimat (or centimes). The Moroccan dirham is a closed currency, you can’t take it out of Morocco. That means also it can only be bought once you arrive in the country.
US Dollars, Euros, and British Pounds Sterling are the currencies you can exchange in Morocco. Australian and Canadian dollars aren’t accepted. In some tourist places you can pay for hotels, restaurants, and activities in USD, EUR, or GBP, but only banknotes are accepted. Although, you’ll always get a better deal paying in the local currency.
In addition, you can get MAD from ATMs using your debit card. Withdrawing cash on a credit card is less favorable. Visa and MasterCard are commonly accepted at tourist sites and large cities, however, may not be accepted in rural areas or smaller shops.
Avoid changing all your money at the airport as the exchange rates are usually more favorable in the cities.
As you can’t take out of Morocco the local currency, you’ll need to spend any cash you have. Another option is to convert it back before you depart from the country. To save currency conversion fees, try to plan your spending in advance, and make sure you don’t have any cash left over when you’re traveling back home.
Did you read our article “What currency should I bring for my trip to Morocco”, and want to know more information about the country?
Please read our next article “Do I need a visa to enter Morocco?“.
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