In Morocco, the official currency is Dirham. Its usual change is 11 Dirhams per Euro, but depending on the demand it can range between 11.1 and 10.8.
The Dirham is divided into 100 cents. Tickets of 200, 100, 50, 20, and coins of 10, 5, 1, (silver color) and smaller amounts (0,1,0,20 and 0,5) gold color circulate.
As a rule, the bills are usually very grounded and sometimes in poor condition, since most economic transactions are made with money, using little other forms of payment, such as cards.
Change and payments:
Banks in Europe do not usually have dirhams (they are not traded on the currency market) and if they do they make a bad change. It is recommended to change Euros to Dirhams in Morocco or at the borders.
Ways to Change:
- On the border:In the land borders of Ceuta and Melilla there are usually people who live from this trade of change. They are the ones that offer the best changes and are generally safe. As a precaution, do not deliver the Euros until they give us the change and we check it, to avoid missing a ticket.
- In customs and airports there are usually exchange offices, often related to a bank. They have a worse change, but an official receipt is given, which can be useful if we change a lot of euros.
- In the interior of the country:In almost all cities there are exchange offices, centrally located and sometimes in shops during trade hours, usually at a good price, so it is also a good alternative Bank offices can be changed, although with limited hours. In almost all hotels you can change currency, at a lower price.
How to pay:
In almost all shops admit to pay with Euros, but in these cases usually make the change of 10 Dirhams for 1 Euro. When they are small amounts it is of little importance, but if the item is expensive, it supposes an additional cost of 10%.
A good alternative to pay when it is a moderate amount, (example starting from 500 Dirhams), is to use the card. They usually make a good change, always in serious establishments. ATMs can be dangerous, if they do not return the card, it is better not to use them.
Travelers checks are only valid in luxury hotels.