Moroccan Dirhams (MAD, MDH or DH) are a restricted currency and are difficult to obtain outside the country, though you are allowed to take up to 1000 DH in or out with you. You will find facilities for changing money at Marrakech airport and at banks and ATMs in Essaouira. The ATMs will usually only allow you to take out 2000 DH per day and sometimes run out of money, especially at weekends.
Please note that very few shops or restaurants accept credit or debit cards, even if they have a sign saying that they do (and if they do, they usually charge commission).
Click here for exchange rates.
The currency used in Morocco is the Moroccan Dirham, often abbreviated as Dh. The exchange rates fluctuates, at the time of writing one pound is worth approximately 12 Dirhams; One Euro is closer to 11 Dirhams.Methods of payment
In the Medina and markets cash is the most popular and widely used method of payment.
Most hotels and large stores will accept major credit cards - VISA, Master Card and American Express. Even in the markets when buying such things as carpets, leather or any other major item, certain cards may be accepted.
Maestro,VISA and Mastercard can be used in ATM's and in some, but not all, hotels, restaurants and shops. ATMs donít always work when you need them too and can mysteriously close for a number of hours at a time so it is advisable to keep an "emergency" fund. There are a number of banks with ATMs in the main square in Essaouira.
Opening hours are very variable. Banks are usually open from 08:30 - 11:30 and 14:30 - 16:30 Monday to Friday.
By law you are not allowed to import or export more than 2000 Moroccan Dirhams. Foreign currency may be exchanged at the Bureau de Change at the airport on arrival, at a bank or at your hotel. Always keep the exchange receipt form of each transaction as it will be required when converting Dirhams back into Sterling when leaving Morocco. A rule of thumb is not to exchange too much money at one time.
Please note that it is now difficult or impossible to change Travellers Cheques in Essaouira.