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Exchange Euros to Moroccan Dirhams, without waiting thanks to Global Exchange
The reasons that make us the best exchange bureau to reserve MAD for your next trip:
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What you need to know about the currency Moroccan Dirham
The euro is official in: Germany, Austria, Belgium, Cyprus, Croatia, Slovakia, Slovenia, Spain, Estonia, Finland, France, Greece, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Portugal, Andorra, Vatican City, Kosovo, Monaco, Montenegro, and San Marino.
The euro is the currency of the European Union and its symbol is €. It was introduced in 2002 and replaced the peseta or the franc, among others. In January 1999, it replaced the ECU (European Currency Unit) and began to be used as a virtual currency for non-monetary payments.
There are seven denominations of euro banknotes: 5, 10, 20, 50, 100, 200, and 500 euros. They are identical in all the countries of the eurozone and feature iconic buildings that represent European culture and diversity. They were designed by Robert Kalina from the OeNB.
The euro coins in circulation are 1, 2, 5, 10, 20, and 50 cents, as well as 1 and 2 euros. All share the same obverse, but the reverse is national and identifies the issuing country. The European Central Bank (ECB) decides the total value of currency issued in each state.
346 million people use the euro. The figure would increase if countries like Bulgaria or Poland complete their accession process to the EU. This implies the disappearance of their currencies, although there is a voluntary opt-out clause to retain it. This is the case of Denmark.
Not all countries in the eurozone adopted the euro as their official currency at the same time. Spain was one of the first to incorporate it, while the last to replace its national currency has been Croatia in 2023. Currently, there are 20 countries with the euro as their official currency.
What do the banknotes/coins look like?
Front part
*The banknotes and coins correspond to the newest issued series and are for reference. Colours may vary and there may be more designs than those shown.