Moroccan rial

Moroccan rial

The rial was the currency of Morocco between 1882 and 1921. It was subdivided into 10 dirham, each of 50 mazunas.

Contents

History

The rial was introduced when Morocco adopted a modern style coinage in 1882. It replaced a system consisting of copper falus, silver dirham and gold benduqi.

In Spanish Morocco, the rial was replaced by the Spanish peseta in 1912 at a rate of 1 rial = 5 pesetas. In French Morocco, the rial was replaced in 1921 by the franc at a rate of 1 rial = 10 francs.

Coins

In 1882, silver ½, 1, 2½ and 5 dirham and 1 rial coins were issued whilst, in 1902, bronze 1, 2, 5 and 10 mazunas were introduced. Although there were several design changes, these denominations remained otherwise unchaged until 1921.

Banknotes

The only paper money issued denominated in rial were issued by the Banque d'Etat du Maroc between 1910 and 1917. These were also denominated in francs, with denominations of 4 rial (20 francs) and 20 rial (100 francs).

See also

References


Wikimedia Foundation. 2010.

Игры ⚽ Поможем решить контрольную работу

Look at other dictionaries:

  • Moroccan dirham — درهم مغربي (Arabic) ISO 4217 code MAD User(s) …   Wikipedia

  • Moroccan franc — The franc (Arabic: فرنك‎) was the currency of French Morocco from 1921. It became the currency of all Morocco in 1957 and circulated until 1974. It was divided into 100 centimes (Arabic: سنتيم). Contents 1 History 2 Coins 3 Banknotes …   Wikipedia

  • Moroccan Arabic — مغربي Maġribi Pronunciation [mɑɣribi] Spoken in Morocco Native speakers 21 million  (1995) …   Wikipedia

  • MAD (Moroccan Dirham) — The currency abbreviation for the Moroccan dirham (MAD), the currency for Morocco and the de facto currency of the Western Sahara region. The Moroccan dirham is made up of 100 santimat (plural); popular language often refers to five santimat as a …   Investment dictionary

  • List of currencies — A list of all currencies, current and historic. The local name of the currency is used in this list, with the adjectival form of the country or region. For a list of current currencies, see List of circulating currencies. For a list of historical …   Wikipedia

  • French protectorate of Morocco — Infobox Former Country native name = حماية فرنسا في المغرب conventional long name = French protectorate of Morocco common name = French protectorate of Morocco continent = Africa region = Western Africa country = Morocco era = Interwar period… …   Wikipedia

  • List of circulating currencies — A currency is a unit of exchange and hence a kind of money and medium of exchange. Currency includes paper or polymer banknotes and metal coins. Countries generally have a monopoly on the issuing of currency, although some countries share… …   Wikipedia

  • Список существующих валют — содержит информацию о валютах, де юре или де факто используемых в различных государственных или территориальных образованиях мира, в том числе с неопределённым международным статусом (валюты, вышедшие из обращения, и валюты не существующих сейчас …   Википедия

  • ISO 4217 — Currency code redirects here. It is not to be confused with Currency sign. Exchange rates display at a Bureau de change listing currency names in English and their ISO 4217 codes. This list displays the United Kingdom as England , one of its… …   Wikipedia

  • Middle East — The Middle East redirects here. For other meanings, see Middle East (disambiguation). Middle East …   Wikipedia

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”