MeknèsCulture CornerMONEYThe Moroccan Dirham (Dh) is the official currency of Morocco. The currency is made up of 100 centimes per unit, and is issued by the Bank Al-Maghrib (Morocco's central bank). Bank notes are in denominations of Dh200, 100, 50 and 20. Coins are in denominations of Dh10, 5 and 1, and 50, 20, 10 and 5 centimes. With the Moroccan Dirhams in constant flux, please see www.oanda.com for up-to-date exchange rates. Changing money on the street is illegal and should be done in an official bureaux de change only, which can be identified by a golden sign. In a bureaux de change, there is no commission charge, and visitors will be issued a receipt which they must keep in order to exchange dirhams upon departure. Dirhams are only available for conversion within the country, and remaining currency must be converted back prior to departure. Some credit cards are accepted (i.e. Visa and MasterCard), yet surcharges will likely apply. Banking hours are generally: Mon-Thurs 8:15am-12:15, and 2:15-5:15pm; Fri 8:15am-11:15, and 2:30- 5:30; Sat 9am-1pm. What Will I Spend?The following is a list of the average prices of goods, services and events in Morocco: Basic "snack" meal: 20 dirhams | |
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