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Before the introduction of a modern coinage in 1882, Morocco issued copper coins denominated in falus, silver coins denominated in dirham, and gold coins denominated in benduqi. When most of Morocco became a French protectorate in 1912 it switched to the Moroccan franc. The dirham was reintroduced nearly 50 years later in 1960, replacing the franc as the major unit of currency but, until 1974, the franc still continued to circulate.
Morocco, officially known as the Kingdom of Morocco, is a unitary sovereign state located in North Africa. Geographically, Morocco is characterised by a rugged mountainous interior, large tracts of desert and a coastline along the Atlantic Ocean and Mediterranean Sea. There is a rare point where one can observe both the Atlantic Ocean and the Mediterranean Sea at the same time.
One of the words for “money” in Morocco is wusakh d-dunya, translated as dirt of the world. Although Moroccan money is formally called the dirham, it is commonly referred to as flous.
Coveted since Roman times, Morocco’s rare and beautiful thuya wood can be found only in the western foothills of the Atlas Mountains. In modern times, this material is synonymous with wealth, being the first burled wood used for luxury dashboards in the Rolls Royce.
The Moroccan Dirham is the official currency of Morocco. The ISO 4127 currency code for the Moroccan Dirham is MAD.