Moroccan currency is dirham and it's only available in Morocco upon arrival. Money can be exchanged in banks and foreign-exchange offices, and there is no commission on the exchange. You will need to keep the original receipt to exchange money back. Exchanging money in the streets is illegal.
ATMs are also available - cash only in local currency.
For most purchases in Morocco you will need use cash. Credit cards are not widely accepted - only sometimes at large hotels or large restaurants and for big purchases. Some banks will cash traveler's checks, but most businesses will not. To avoid additional charges, take traveler's checks in US dollars, British pounds or Euros.
Banking hours
Mon-Fri 8:15am - 11:30am and 2:15pm - 4:00pm;
in summer: Mon-Fri 8:00am - 3:00pm;
during Ramadan: 9:30am - 2:00pm
Shopping Hours
Generally Mon-Sat 8:30am - 12:30pm and 2:00pm - 6:30pm.
Many shops, however, especially those in the medina, close on Friday. Some may be open on Sunday.
The standard tax rate in Morocco is 20% (added to the price). There are reduced rates of 7% (for example for banking services, leasing, gas) and 14% (hotels and transport services).
Current Moroccan Dirham Rates
For other currencies or conversion amounts go to Currency Converter