Pronunciation: [məɹˈɒkən dˈɜːɹəm] (IPA) 
The officially recognized currency of Morocco is called the Moroccan dirham. This word is spelled using the International Phonetic Alphabet (IPA) as məˈrɒkən ˈdɪrəm. The "ə" represents a schwa sound, while "ɒ" represents an open back rounded vowel. The "r" is pronounced with a slight trill, and the "h" is silent. The word "dirham" is derived from the Greek word "drachma," which was a unit of weight used in ancient times.
The Moroccan dirham is the official currency of the Kingdom of Morocco. It is denoted by the symbol "د.م" or "DH." The dirham is subdivided into 100 units known as centimes.
Issued and regulated by the Bank Al-Maghrib, the Moroccan dirham is widely used as a medium of exchange in Morocco. It has been the national currency since 1960, replacing the French franc. The dirham's value is primarily determined by fluctuations in the foreign exchange market.
The Moroccan dirham is available in both banknotes and coins. Banknotes are issued in denominations of 20, 50, 100, and 200 dirhams, while coins come in denominations of 1, 2, 5, and 10 dirhams, as well as centime coins. Often featuring intricate designs, the banknotes portray various aspects of Moroccan culture and heritage.
The use of the Moroccan dirham is not restricted solely to Morocco. It is also accepted in the Sahrawi Arab Democratic Republic, a partially recognized state, and certain regions of Algeria, adjacent to the Moroccan border.
The value of the dirham can vary against other currencies, as it is subject to fluctuations in the forex market. The dirham's exchange rate is influenced by factors such as inflation, interest rates, political stability, and economic performance. Tourists visiting Morocco can exchange their foreign currency for dirhams at banks, exchange offices, or authorized ATMs throughout the country.
The word "Moroccan Dirham" derives from the currency used in Morocco, known as the dirham. The term "dirham" comes from the Greek word "drachma", which was an ancient currency used in various regions of the Eastern Mediterranean and the Middle East. The Greek drachma was later adopted by the Arab Empire, and its name evolved into "dirham" in Arabic. As a result, several countries in the Arab world, including Morocco, adopted the term "dirham" as the name for their respective currencies.
