Exchange United States Dollars 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:
Fast and no waiting: book online and collect at our offices.
12.5 million customers a year trust us
24/7 online currency exchange service.
More than 495 currency exchange offices in 28 countries.
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What you need to know about the currency Moroccan Dirham
The US dollar is official in: the United States, Ecuador, El Salvador, Panama, Puerto Rico, Haiti, the Marshall Islands, Micronesia, Palau, East Timor, Zimbabwe, the British Virgin Islands, the Turks and Caicos Islands, Guam, Samoa, and some other overseas territories.
The first types of US dollar ($) were made of silver and were produced in 1794. Subsequently, the Federal Reserve was created in 1913 and, a year later, the first USD banknote appeared. Currently, it is the strongest currency in the world alongside the euro.
The current American dollar banknotes are 100, 50, 20, 10, 5, 2, and 1. There are banknotes of 10000, 5000, 1000, and 500 that are hard to find and are obsolete. The oldest dollar banknotes are from 1934 and the latest redesigns are from 2009.
The USD coins are cents with their own names: 1 cent (penny), 5 cents (nickel), 10 cents (dime), 25 cents (quarter) and 50 cents (half dollar). There are also one dollar coins, the highest denomination currently issued.
American dollar banknotes have a very short lifespan. The 50 and 100 USD notes can circulate for 8 years in perfect condition, while the 1 USD notes last only 18 months. To make the paper last longer, a compound of cotton and linen is used.
"Dollarisation" is the process of incorporating the US dollar, the most important international reserve currency in the world, into an economic market different from that of its issuing country. This is the reason why many countries in America use it.
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.
Any questions? We will answer them for you:
What is the exchange rate from Moroccan dirham to dollar?
Currency exchange rates fluctuate and vary daily. You can check the current dirham to dollar exchange rate using our currency converter on the website or directly at any of our currency exchange offices in Morocco. To get the best exchange rate, we recommend booking your currency exchange online in advance and collecting your dollars on your travel day.
Do you charge a commission for exchanging Moroccan dirham to US dollar?
We do not charge any currency exchange commission on any of our transactions. Only the current exchange rate at the time of your currency exchange transaction will apply. Remember that when you book your US dollar exchange online, we guarantee you the best exchange rate with no hidden fees.
Will I get the same Moroccan dirham to dollar exchange rate on the website as in your offices?
No. By booking your dirham to dollar exchange online, you will get a better exchange rate than at our physical offices. Use our online currency converter to calculate your currency exchange and benefit from the best price on your Moroccan dirham exchange.
Where can I collect the dollars I booked online?
After making your online currency exchange reservation, you can collect your dollars at the airport currency exchange office you selected during the booking process. In addition to guaranteeing you the best exchange rate with your online booking, this airport collection service allows you to save time and travel worry-free, as you'll have your currency exchange ready for your international trip.
Why is the Moroccan dirham to dollar exchange rate I see on the internet different from the one at airport currency exchange offices or on your website?
The currency converters you check on your mobile display the interbank exchange rate or market reference exchange rate. This is the price at which financial institutions exchange currencies among themselves in large-volume wholesale operations.
However, individual customers cannot access this interbank exchange rate. This reference rate does not include the real operational costs of the foreign currency exchange service, such as transportation, security, storage, and physical cash handling, nor the immediate availability of currency at the time and place the customer needs it.
Therefore, when you need to exchange Moroccan dirham to dollar (or any currency exchange), the exchange rate at currency exchange offices will always differ from what's published on online converters. Each currency exchange company sets its own rate according to the characteristics and costs of their service.
What is the difference between currency exchange and money exchange?
The foreign exchange market (Forex or FX) is a wholesale financial market that establishes the reference exchange rate between different currencies for large-volume international transactions between financial institutions and companies.
Money exchange or foreign currency exchange, on the other hand, is a retail service where individual customers buy and sell physical cash banknotes. The buying and selling of physical currency involves additional operational costs such as transportation, security, storage, and cash handling that don't exist in digital currency exchange operations between bank accounts.
For this reason, the exchange rate for money exchange at currency exchange offices is always different (less favorable) than the interbank exchange rate from the Forex market that financial entities use for their wholesale operations.
What is the difference between exchanging Moroccan dirham to dollar with you or at the bank?
Unlike banks, which typically apply an exchange rate plus an additional commission for the currency exchange operation, at Global Exchange Morocco we only apply an exchange rate that already includes our margin, with no extra fees or hidden costs.
Additionally, our currency exchange offices offer you key advantages:
Immediate availability: You get your foreign currency exchange instantly at our airport offices
Extended hours: We're open every day of the year with extended hours that adapt to flight schedules
No waiting: You don't need to order the currency in advance or return days later
Banks, on the other hand, have more limited hours and in many cases require you to request the Moroccan dirham to dollar exchange several days in advance, having to return later to collect your money.
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