The Moroccan Dirham is divided into 100 centimes. The Nigerian Naira is divided into 100 kobo. The exchange rate for the Moroccan Dirham was last updated on January 15, 2021 from Yahoo Finance. Options.
8.81775 Moroccan Dirhams
Morocco is still a cash based economy. Euros and (US and CAD – not Australian) dollars are always accepted in Morocco and you will save time bringing cash to convert, doing away with bank lineups or non-active cash machines to acquire dirhams. You can also use your debit card at bank machines.
Morocco is a country with a big wealth gap. Haggling and negotiating over the price is an integral part of the Moroccan market experience. However, Morocco is still relatively cheap for many things and can be considered a budget destination if you bear these points in mind.
How much does it cost to travel to Morocco ? How much money will you need for your trip to Morocco ? You should plan to spend around MAD395 ($44) per day on your vacation in Morocco , which is the average daily price based on the expenses of other visitors.
Despite its economic progress, 4 million Moroccans remain in poverty and live on less than $4 a day. Poverty in Morocco remains an issue. Recognizing the poverty crisis in Morocco is essential to alleviating it; such a feat is possible through providing facts about poverty in Morocco to the public.
Morocco trip cost
Cash App and Venmo do not work between Morocco and the US. You’ll need to use a dedicated money transfer service, a bank transfer, a PayPal transfer or something similar to send money to Morocco . 6 дней назад
Cost of Living in Morocco
|Domestic Beer (1 pint draught)||30.00MAD|
|Imported Beer (12 oz small bottle)||35.00MAD|
|Coke /Pepsi (12 oz small bottle)||5.50MAD|
You will always get a better rate of exchange in Morocco , as the dirham is a closed currency and not normally available outside Morocco . So rates here are never good. Although your riad may not provide currency exchange , you will not have to go far to find a bank or bureau de change .
The current exchange rate is approximately 11 dirhams = 1 euro . Check out the daily currency exchange rate here.