Moroccan dirham

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  • noun

Synonyms for Moroccan dirham

the basic unit of money in Morocco

References in periodicals archive ?
The Moroccan dirham is currently pegged to the euro and the dollar.
Transpay clients are now able to send local currency payments to individuals' bank accounts in Moroccan dirham (MAD).
The total cost of the project was estimated at 20 billion Moroccan Dirham with the contribution of Moroccan government, French government, France Development Agency, Saudi Development Fund, Abu-Dhabi Development Fund, Arab Fund for Economic and Social Development and Kuwaiti Fund for Arab Economic Development.
About 20% have collections of lesser-used currencies, such as the Moroccan dirham and the Thai baht.
The artificially high exchange rate of the Algerian currency against the Moroccan dirham is also a major stumbling block.
However, the majority consider that quick selling, despite the small profit, is better than losing in the event of a decrease in the exchange rate of some currencies such as euro, sterling pound and Moroccan dirham.
8% in 2014), the Moroccan dirham depreciated by -2.
As far as the grant, the minister pointed out that the donation made by China for his country totaling Moroccan Dirham (MD) 27 million, which will be employed for the advancement of sectors related to human and social development.
As the fund invests in securities denominated in Moroccan dirham (MAD), S&P uses local-currency ratings to determine the credit quality of the fund.
4% against the Moroccan dirham during the course of March 2015.
He said that the currencies being exchanged most frequently in Makkah and Jeddah are the dollar, euro and English pound, followed by the UAE dirham and the Moroccan dirham.
A service has been launched by Morroco-based Attijariwafa bank and PayPal to allow Moroccan merchants for withdrawing funds from their PayPal accounts to an Attijariwafa bank account, in Moroccan Dirham (MAD) and other currencies.
Greece, Spain, possibly Italy, Ireland and Portugal are the countries that havenAEt done their budgetary homework properly and are now the elements of uncertainty within the 16-member Eurozone u and, not to forget, for all the currencies which are pegged to the euro such as the Moroccan dirham, the CFA franc used in 14 countries in western Africa as well as the euro used in Bosnia-Herzegovina and Montenegro.
BNP Paribas, Societe Generale and Standard Chartered Bank were the mandated lead arrangers for the international debt facilities, while Morocco's Banque Centrale Populaire acted as the mandated lead arranger for the Moroccan dirham credit facilities, representing approximately 40 per cent of the total debt.
1 billion Moroccan dirham, the project is a major component of the overall Moroccan rail investment programme estimated at Morocco Dirham 12.