Currency & Money in Morocco

The Moroccan Dirham (MAD)

The official currency is the Moroccan Dirham (MAD).

Exchange Rates

Exchange rates fluctuate daily. As of 2025, approximately:

• 1 USD = 10 MAD
• 1 EUR = 11 MAD

Check current rates before travel.

ATMs

• Availability: ATMs are widely available in cities and towns
• Fees: Usually 1-3% foreign transaction fee
• Limit: Typically 2,000-5,000 MAD per withdrawal
• Brands: Look for Banque Populaire, BMCE, Maroc Telecom logos

Credit Cards

• Acceptance: Widely accepted in hotels, restaurants, shops in cities
• Less common: Remote areas and markets
• Notify bank: Tell your bank you're traveling to avoid blocks

Cash

• Withdraw cash at ATMs for better rates
• Markets and rural areas are cash-only
• Always have some cash for tips and small purchases

Budget Estimates (Daily)

• Budget traveler: $30-50
• Mid-range: $60-100
• Luxury: $150+

Bargaining

Prices in souks are negotiable. Start at 30-50% of asking price and work up.

Tips

• Tipping is appreciated but not mandatory (5-10%)
• Tourist restaurants may add service charge
• Markets generally cash-only ```