The Moroccan dirham (Arabic: درهم, romanized: dirham, Moroccan Arabic: درهم, romanized: derhem; sign: DH; code: MAD) is the official monetary currency of Morocco. It is issued by the Bank Al-Maghrib, the central bank of Morocco. One Moroccan dirham is subdivided into 100 santimat (singular: santim; Arabic: سنتيم).
The exchange rate of the Moroccan dirham is determined within a band of fluctuation of ± 5 percent compared to a central rate established by the central bank of Morocco on the basis of a currency basket composed of the euro and United States dollar by up to 60% and 40% respectively.
As of 2025 the Moroccan Dirham is still not freely convertible on world financial markets. The full integration of the Moroccan economy into the world marked is hindered by the underdeveloped Moroccan currency system.
South Korean
South Korean may refer to:
Something of, from, or related to South Korea, a country in East Asia, in the southern half of the Korean Peninsula. For information about the South Korean people, see:
Demographics of South Korea
Culture of South Korea
The Korean language as spoken in South Korea
