Moroccan Rial
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The rial was the currency of
Morocco Morocco (),, ) officially the Kingdom of Morocco, is the westernmost country in the Maghreb region of North Africa. It overlooks the Mediterranean Sea to the north and the Atlantic Ocean to the west, and has land borders with Algeria to ...
between 1882 and 1921. It was subdivided into 10 ''
dirham The dirham, dirhem or dirhm ( ar, درهم) is a silver unit of currency historically and currently used by several Arab and Arab influenced states. The term has also been used as a related unit of mass. Unit of mass The dirham was a un ...
'', each of 50 ''mazunas''.


History

The rial was introduced when Morocco adopted a modern style coinage in 1882. It replaced a system consisting of copper
falus The falus was a bronze/copper currency of Morocco. Minted between 1672–1901, denominations of , , 1, 2, 3, 4, 6 and 8 falus are recorded in the Standard Catalogue. Identification They are typically denominated by size rather than by inscrip ...
, silver ''dirham'' and gold ''benduqi''. In
Spanish Morocco Morocco (),, ) officially the Kingdom of Morocco, is the westernmost country in the Maghreb region of North Africa. It overlooks the Mediterranean Sea to the north and the Atlantic Ocean to the west, and has land borders with Algeria to ...
, the rial was replaced by the
Spanish peseta The peseta (, ), * ca, pesseta, was the currency of Spain between 1868 and 2002. Along with the French franc, it was also a ''de facto'' currency used in Andorra (which had no national currency with legal tender). Etymology The name of th ...
in 1912 at a rate of 1 rial = 5 pesetas. In
French Morocco The French protectorate in Morocco (french: Protectorat français au Maroc; ar, الحماية الفرنسية في المغرب), also known as French Morocco, was the period of French colonial rule in Morocco between 1912 to 1956. The prote ...
, the rial was replaced in 1921 by the
franc The franc is any of various units of currency. One franc is typically divided into 100 centimes. The name is said to derive from the Latin inscription ''francorum rex'' (Style of the French sovereign, King of the Franks) used on early France, ...
at a rate of 1 rial = 10 francs.


Coins

In 1882, silver , 1, 2 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 unchanged until 1921.


Banknotes

The only paper money issued denominated in rial were issued by the State Bank of Morocco between 1910 and 1917. These were also denominated in francs, with denominations of 4 rials (40 francs) and 20 rials (200 francs).


See also

*
Falus The falus was a bronze/copper currency of Morocco. Minted between 1672–1901, denominations of , , 1, 2, 3, 4, 6 and 8 falus are recorded in the Standard Catalogue. Identification They are typically denominated by size rather than by inscrip ...
*
Moroccan Dirham The Moroccan dirham ( ar, درهم, translit=dirham, ary, درهم, translit=derhem; ber, ⴷⵔⵀⵎ, translit=drhm; sign: DH; code: MAD) is the official monetary currency of Morocco. It is issued by the Bank Al-Maghrib, the central bank of ...


References

* * Currencies of Africa Modern obsolete currencies Economic history of Morocco 1882 establishments in Morocco 1921 disestablishments Currencies of Morocco {{Morocco-stub