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Currency history

Moroccan dirham

Dates in use
Still in use; introduction date not established here
Currency code
MAD
Ancestry branch
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Its place in the family

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Parents 1

Moroccan dirham

This currency

Children 0

No successor is established here.

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The story

Bank Al-Maghrib dates adoption of the dirham as the new monetary unit to October 1959. [1]

Turning points

Currency replacement

Morocco’s dirham reform takes effect. Signed 17 October; gazette and effective date 19 October. Old francs temporarily remain legal tender. [2]

Sources and evidence

  1. Bank Al-Maghrib · Rôle et missions de Bank Al-Maghrib
  2. Morocco Bulletin officiel 2451-bis, 19 October 1959 · Morocco Bulletin officiel 2451-bis, 19 October 1959

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“Moroccan dirham.” The Family Tree of Money. © Field Technologies, Inc. Updated 2026-10-14; data version v49. https://familytreeofmoney.org/currency/FTM000281.html

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