If you’re planning a trip to Morocco or need to swap your US dollars (USD) for Moroccan dirhams (MAD), you’re probably wondering: Where do I get the best rate? Can I use dollars in Morocco? What should I watch out for? Let’s cut through the confusion and get you ready for your Moroccan adventure.
What’s the Current Exchange Rate for USD to MAD?
As of April 14, 2025, 1 US dollar gets you about 9.32 Moroccan dirhams. But here’s the thing: exchange rates change daily, and the rate you see online is usually the “mid-market” rate—the one banks use with each other, not what you’ll get at a counter. Always check a live rate before you exchange. For real-time rates, I recommend XE.com’s USD to MAD page.
Quick Conversion Table (at 9.32 MAD per USD):
- $10 = 93.20 MAD
- $50 = 466.00 MAD
- $100 = 932.00 MAD
- $500 = 4,660.00 MAD
- $1,000 = 9,320.00 MAD
Remember, after fees and commissions, you’ll get a bit less.
Where Can You Exchange Dollars for Dirhams in Morocco?
1. Banks
Moroccan banks like Banque Populaire and Attijariwafa Bank are safe and usually offer fair rates. They’re open weekdays, typically 9 AM to 4 PM, but might close early on Fridays. Bring your passport.
2. Currency Exchange Counters
You’ll find these at airports, in city centers, and near tourist hotspots. They’re convenient, but often have higher fees or less favorable rates. Good for emergencies, not for big exchanges.
3. ATMs
ATMs are everywhere in Moroccan cities and towns. They let you withdraw dirhams directly from your US account. This is often the easiest and most cost-effective way—just check your bank’s international withdrawal fees first. Always choose to be charged in dirhams, not dollars, to avoid extra conversion fees.
4. Hotels
Some hotels offer currency exchange, but rates are rarely competitive. Use this only if you’re in a pinch.
5. Online Currency Services
Apps like Wise and Revolut let you convert and hold multiple currencies, often at better rates than banks. You can transfer money to your Moroccan account or use their cards at ATMs.
How to Get the Best Exchange Rate in Morocco
- Check live rates before you exchange. Use apps like XE, Wise, or Revolut.
- Avoid airport exchanges for large amounts—they’re convenient but expensive.
- Exchange a small amount at first if you need cash right away, then shop around in the city for better rates.
- Ask about all fees—some places advertise “no commission” but hide costs in the rate.
- Use ATMs for convenience but be aware of your bank’s fees and always withdraw in dirhams.
How Currency Conversion Works in Morocco
When you exchange money, you’re getting the provider’s rate, which is the mid-market rate minus their markup. For example, if the mid-market rate is 1 USD = 9.32 MAD and the provider takes a 2% cut, you’ll get about 9.13 MAD per dollar.
Can You Use US Dollars in Morocco?
Short answer: Not really. In touristy spots, some vendors might accept dollars, but the rate will be bad and you’ll get change in dirhams. For taxis, markets, and most shops, you’ll need dirhams. Always carry some local cash.
Sending Money to Morocco
Need to send money to family or friends? Or maybe you want to top up your own Moroccan account before you arrive? Here are your best bets:
- Wise or Revolut: Fast, transparent, and usually the best rates.
- Western Union or Remitly: Good for cash pickups, but watch the fees.
- Bank transfers: Secure but can be slow and expensive.
Moroccan Dirham: Notes and Coins
- Banknotes: 20, 50, 100, 200 MAD
- Coins: 1, 2, 5, 10 MAD (plus smaller centime coins)
Pro tip: Keep small bills and coins for taxis, tips, and small purchases. Larger notes can be hard to break, especially in rural areas.
Common Mistakes Travelers Make (and How to Avoid Them)
- Relying only on cards: Many places, especially outside big cities, are cash-only.
- Exchanging with street vendors: Don’t. It’s risky and sometimes illegal.
- Not keeping receipts: You’ll need them if you want to change dirhams back to dollars when you leave.
- Ignoring weekend surcharges: Some online services charge extra on weekends when markets are closed.
Real-World Tips from Morocco
- ATMs are your friend in cities, but bring backup cash for remote areas.
- Don’t stress about small differences in rates—focus on convenience and safety.
- If you’re staying a while, open a Moroccan bank account or use a multi-currency card.
- Always count your money before leaving the counter, and check for torn notes.
Final Thoughts
Exchanging US dollars for Moroccan dirhams doesn’t have to be a hassle. With a little planning, you’ll get a fair rate and avoid the common pitfalls. Whether you’re bargaining in a Marrakech souk or sipping mint tea in Fez, having local currency in your pocket makes everything smoother.
For the latest rates, I always check XE.com’s live USD to MAD rates before I exchange. It’s quick, reliable, and helps you know what to expect.
Exchanging US dollars to Moroccan dirhams doesn’t have to be daunting when you’re equipped with the right knowledge. By planning ahead, knowing where to exchange, and avoiding common pitfalls, you’ll save money and enjoy a smoother travel experience. Whether you’re wandering through the lively souks of Marrakech, relaxing in a coastal town like Essaouira, or exploring Morocco’s hidden gems, having local currency ensures you’re ready for every adventure.
For more tips on planning your trip to Morocco, check out our blog post on traveling solo to Morocco and learn how to navigate the country with confidence. Curious about how to incorporate Moroccan culture into your home? Discover 5 creative ways to style Moroccan rugs in minimalist spaces. If you’re still sorting out your travel documents, don’t miss our guide on Morocco visa necessities.
For everything else, from Moroccan culture to design inspiration, visit our main hub at She&Elle of Morocco. Safe travels and enjoy every moment of your Moroccan journey!
