Currency and payment options in Morocco

The Moroccan Dirham

Anyone planning a trip to Morocco will quickly become familiar with the Moroccan Dirham (MAD) – the official national currency, which is divided into 100 centimes. Coins and banknotes feature the portrait of King Mohammed VI and are available in various denominations, including 10 and 20 centimes coins as well as ½ to 10 Dirham and notes up to 200 Dirham. The Dirham itself has a long history: its name derives from the ancient Greek 'Drachma' and was already in circulation in North Africa during the Middle Ages. After several currency changes during the colonial period, the Dirham was reintroduced in 1960 as the official currency of independent Morocco – and has since remained a stable means of payment.

In everyday life, cash is still widely used, especially in markets, for taxi rides, and in smaller shops. The currency is not freely convertible, and both imports and exports are limited to 1,000 Dirham – an important point for tourists when planning their travels.

Current exchange rate and its significance

As of June 2025, the exchange rate of the Dirham is currently around 1 Euro = 10.53 MAD and 1 US dollar = 9.16 MAD. For travelers, this means: Even small amounts in Euros can be conveniently paid on-site. However, you should be aware that there may be discrepancies depending on the bank and exchange bureau – so comparing before exchanging is advisable.

The Dirham is subject to a so-called 'managed float', meaning it is controlled within a framework by the Moroccan central bank. As a result, it remains relatively stable – significant fluctuations are rare. Influencing factors on the rate include the country's economic situation, interest rate policy, international investments, and global developments such as raw material prices. For travelers, the Dirham is therefore a generally reliable currency with which the financial part of the trip can be well planned.

Common payment methods in Morocco

In Morocco, traditional trading and modern payment methods meet. While credit cards and some mobile payment options are part of daily life in the vibrant cities, cash remains the most important means of payment in many places – especially away from major tourist centers. Those who are well-prepared can respond flexibly to the respective conditions and avoid unnecessary fees.

Cash payments and their role

Cash is still the most widespread payment method in Morocco. Especially at souks, in small shops, cafés, for taxi rides, or in rural areas, there is hardly a way around it. Importantly, small bills are often worth their weight in gold, as change is not always available. If you want to pay with larger bills, be prepared for inquiries or even refusals.

For travelers, it is advisable to regularly withdraw smaller amounts from ATMs or exchange with authorized exchange bureaus – as the exchange rate at airports or in tourist areas is often less favorable. Since cash also poses a security risk, it should always be well-stored, such as in a money belt or hotel safe.

Card payment: Credit and debit cards

In cities, hotels, upscale restaurants, and modern shops, card payment is increasingly becoming the norm. Visa and Mastercard are the most widely accepted, while American Express is only accepted sporadically – mostly in international hotels or more exclusive shops. German EC cards with the Maestro logo often work at ATMs, while V-Pay generally does not.

Despite the advantages such as security, flexibility, and the ability to pay larger sums cashless, there are also restrictions. In rural areas and with small merchants, card payment is often not offered at all. Additionally, fees may apply when using cards – both for the card payment itself and for withdrawing cash from ATMs. However, with a fee-free travel credit card, you can save on this.

Practical use of ATMs

ATMs are the easiest and most flexible way for many travelers to access cash in Morocco. Especially in cities, tourist centers, and at airports, obtaining Dirham from ATMs is straightforward – as long as a few important points are considered.

ATMs in Morocco

In cities like Marrakech, Fès, Casablanca, or Agadir, as well as in larger shopping centers, train stations, and airports, ATMs are widespread. International credit cards – especially Visa and Mastercard – are accepted almost everywhere. EC/Giro cards with Maestro or Cirrus symbols generally work without issues, although cashless payment with these cards is rather rare.

To withdraw cash, a PIN is required, and limits may apply depending on the bank and ATM. Most ATMs allow withdrawals of up to 2,000 MAD (about 190 Euros) per transaction, while the daily limit is set by your own bank – typically between 500 and 1,000 Euros. For rural areas, it is advisable to withdraw enough cash in advance, as ATMs may not always be available there.

Fees and best conditions

Depending on the type of card and bank, different fees may apply when withdrawing money. EC/Giro cards often incur foreign transaction fees between 1.75% and 4% of the amount, plus a minimum fee. The Moroccan banks themselves usually charge a so-called operator fee between 20 and 40 MAD (about 2-4 Euros) per withdrawal – regardless of the type of card.

Those looking to save costs should opt for travel credit cards from providers such as DKB or Hanseatic Bank: these often allow fee-free withdrawals abroad as long as certain conditions are met. Important: Even with such cards, the operator fee of the Moroccan bank may apply, which is generally not refundable.

Recommended banks in Morocco include Attijariwafa Bank, Banque Populaire, and BMCE Bank of Africa – they provide high ATM availability in tourist regions. To minimize fees, it is recommended to withdraw less frequently but in larger amounts. Be sure to choose small bills when withdrawing, as change in Morocco is often scarce – and try to use ATMs in well-frequented or secured areas, such as in bank branches or shopping centers.

Currency exchange in Morocco

Currency exchange is a central issue for many Morocco travelers – after all, the Moroccan Dirham is not a freely convertible currency and may only be imported or exported to a limited extent. Therefore, it is all the more important to know the best options for exchanging money on-site. Depending on whether you exchange your money at a bank, exchange bureau, or at the airport, the rates and fees may differ significantly.

Banks, exchange bureaus, and airports

Banks in Morocco are the most reliable address for currency exchange. They offer official, current rates and process transactions securely and transparently – usually without additional fees. Especially in cities like Marrakech, Fès, or Casablanca, banks are easily accessible. Be sure to request a receipt for the exchange – it is needed for any potential re-exchange.

Exchange bureaus are a practical alternative, especially when banks are closed or if you want to avoid long waiting times. However, the rates here are usually slightly worse, and additional fees may apply. To be safe, only use exchange bureaus with official licenses and visible exchange rate displays – for example, those with a golden plaque.

Airports offer convenience but generally have the worst exchange rates and may charge additional fees. Exchanging Dirham back into foreign currency can sometimes be difficult or only possible with a receipt. Therefore, ideally, only exchange small amounts at the airport for the first day.

Tips for currency exchange

With a bit of preparation, unnecessary costs can be avoided when exchanging money in Morocco. As a general rule: Exchange only after your arrival – the on-site rate is usually better than in your home country. Prefer banks to benefit from the official rate without extra fees, and use exchange bureaus only in emergencies or for smaller amounts. At airports, you should ideally only exchange small sums.

A clever alternative is to withdraw cash at an ATM with a fee-free credit or EC card – this way, you receive the current rate. Be mindful of possible foreign transaction fees from your home bank. Additionally, do not exchange the entire amount at once, but rather as needed, to avoid excess Dirham. And very importantly: Keep your exchange receipts safe in case you want to exchange money back before returning home. This way, you remain financially flexible on your travels – without nasty surprises.

Tipping culture in Morocco

Tipping is a common practice in Morocco – and often also a part of the income. As a traveler, you will encounter numerous situations where a small 'bakchich' is not only appreciated but also expected. It is less about large amounts and more about the gesture of appreciation. Those who know the common customs leave a positive impression and show respect for the local service culture.

Who receives tips?

In virtually all service sectors, tipping is customary – from hotels and restaurants to taxi drivers or tour guides. Particularly in the tourism industry, it is a fixed component of the salary structure. Maids, porters, baggage handlers, and parking attendants appreciate a small acknowledgment just as much as tour guides, waiters, or hairdressers. Taxi drivers and cafés also expect a small gratuity, especially when the service was friendly and reliable.

Appropriate tip amounts

The amount of the tip depends on the location, the type of service, and individual satisfaction:

• Restaurants: In simple establishments, a few Dirham are sufficient. In upscale restaurants or hotels, about 10% of the bill amount is appropriate – if no service charge is included.
  
  
• Cafés: Here, it is often enough to leave some Dirham on the table.
  
  
• Taxis: Fares are usually rounded up slightly, alternatively, about 5-10% of the fare is given.
  
  
• Hotels: For maids, a tip of 10-30 Dirham per day is recommended, while baggage handlers typically receive 5-10 Dirham per piece of luggage. For longer stays, a total tip of 100-200 Dirham is considered a guideline.
  
  
• Tour guides and drivers: For city tours, 5-10% of the tour costs are common. For multi-day trips, one can expect 20-50 Dirham per day and person – for private tours even more.
  
  
• Other services: Parking attendants appreciate 3-10 Dirham, hairdressers or other service providers usually receive around 10 Dirham.
  
  

Overall, small amounts make a difference – both for the people on-site and for the travel experience. Having a few Dirham on hand is not only polite but also culturally sensitive.

Important safety measures when handling money

Handling money while traveling needs to be learned – especially in a fascinating but unfamiliar country like Morocco. With the right preparation and a watchful eye, financial risks can be easily minimized. Whether exchanging money, paying in the souk, or at the ATM: Those who adhere to a few simple rules will travel much more relaxed.

Avoiding scams

Even though the majority of Moroccans are open and hospitable, you should be aware of common scams as a traveler. Often, seemingly helpful people appear, unsolicited offering their services – whether as unofficial tour guides, mediators, or helpers. This often results in an overpriced bill or inflated prices being promoted in certain shops. Be cautious of supposed entrance fees for free attractions or individuals posing as police officers wanting to see documents or cash.

One particularly insidious scam is the so-called distraction theft in busy streets and markets: While one person draws your attention, another takes the opportunity to reach into your wallet. Unofficial parking attendants wearing vests who want to charge fees on public property also belong to common tricks. Vigilance, a healthy level of suspicion, and a firm 'no, thank you' help to avoid being taken advantage of.

Tips for safe cash use

Safety starts with preparation: Carry only small amounts of cash and store larger sums as well as important documents in a breast pouch or waist bag close to your body. Credit cards and IDs should be stored separately – this way you avoid a total loss in case of theft.

When withdrawing cash, choose bank ATMs in official bank branches and avoid remote or poorly lit places. Always cover the keypad when entering your PIN and pay attention to your surroundings. Never lose sight of your card while paying, and regularly check your account movements – ideally through a banking app. Only exchange cash at official places such as banks or licensed exchange bureaus. This way, you avoid excessive fees or counterfeit money.

With a thoughtful mix of payment methods – cash for smaller expenses and cards for larger amounts – you can travel in Morocco not only comfortably but also safely.

Budget planning and tips for travelers

Anyone wishing to discover Morocco independently should also consider the right payment method when planning the trip. A smart combination of cash, card, and digital solutions not only ensures comfort but also safety – whether you are strolling through the Medina of Marrakech or visiting remote villages in the Atlas Mountains.

Optimal use of cash and cards

Cash remains indispensable in Morocco – especially at souks, gas stations, or in smaller shops outside the cities. Since ATMs may be scarce outside of larger places, it is advisable to always carry a small reserve of cash. Particularly practical: You should withdraw Dirham directly on-site with a fee-free travel credit card – this allows you to benefit from the better exchange rate and save on unnecessary costs.

For larger payments in hotels, restaurants, or when booking rental cars and accommodations online, credit cards (especially Visa and Mastercard) are the first choice. EC cards with Maestro logos can be used at many ATMs but usually come with noticeable fees. Ideally, you should use a credit card for larger transactions and cash withdrawals – and keep your EC card as a backup.

A practical tip: Spread your cash across several secure places in your luggage and note down the cancellation numbers of your cards. This way, you are well prepared in case of loss or theft.

Special payment methods for tourists

In addition to traditional payment methods, digital solutions are also gaining importance in Morocco. In larger cities and tourist hotspots, modern services like Apple Pay and Google Pay are already accepted – for example, in hotels, restaurants, or shopping centers. In rural areas, however, cash remains essential.

Particularly recommended for independent travelers is Revolut: The app offers not only a fee-free debit card but also direct currency exchange at the current rate, an overview of expenses tracking, and flexible budgeting functions. Alternatives like Wise or N26 offer similar benefits, although acceptance may depend on the card provider.

For using digital payment methods while on the go, a stable internet connection is important. With an eSIM or a local SIM card, you are well connected even far from urban areas. This way, you not only keep track of your expenses but can also make spontaneous digital payments.

With a thoughtful mix of cash, credit cards, and digital options, you are well prepared for all payment situations in Morocco – flexibly, securely, and comfortably.