Moroccan Rial
The rial was the currency of Morocco between 1880 and 1921. It was subdivided into 10 ''Moroccan dirham, dirham'', 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, 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 Moroccan franc, franc 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 franc ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   [Amazon] |
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Numismatic Postcard From The Early 1900's - Morocco
Numismatics is the study or collection of currency, including coins, tokens, paper money, medals, and related objects. Specialists, known as numismatists, are often characterized as students or collectors of coins, but the discipline also includes the broader study of money and other means of payment used to resolve debts and exchange good (economics), goods. The earliest forms of money used by people are categorised by collectors as "odd and curious", but the use of other goods in barter exchange is excluded, even where used as a circulating currency (e.g., cigarettes or instant noodles in prison). As an example, the Kyrgyz people used horses as the principal currency unit, and gave small change in sheepskin, lambskins; the lambskins may be suitable for numismatic study, but the horses are not. Many objects have been used for centuries, such as Cowry, cowry shells, precious metals, Cocoa beans#History, cocoa beans, Rai stones, large stones, and Gemstone, gems. Etymology Firs ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   [Amazon] |
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Morocco
Morocco, officially the Kingdom of Morocco, is a country in the Maghreb region of North Africa. It has coastlines on the Mediterranean Sea to the north and the Atlantic Ocean to the west, and has land borders with Algeria to Algeria–Morocco border, the east, and the disputed territory of Western Sahara to Morocco–Western Sahara border, the south. Morocco also claims the Spain, Spanish Enclave and exclave, exclaves of Ceuta, Melilla and Peñón de Vélez de la Gomera, and several small Plazas de soberanía, Spanish-controlled islands off its coast. It has a population of approximately 37 million. Islam is both the official and predominant religion, while Arabic and Berber are the official languages. Additionally, French and the Moroccan dialect of Arabic are widely spoken. The culture of Morocco is a mix of Arab culture, Arab, Berbers, Berber, Culture of Africa, African and Culture of Europe, European cultures. Its capital is Rabat, while its largest city is Casablanca. Th ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   [Amazon] |
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Moroccan Dirham
The Moroccan dirham (, ; Currency symbol, sign: DH; code: MAD) is the official monetary currency of Morocco. It is issued by the Bank Al-Maghrib, the central bank of Morocco. One Moroccan dirham is subdivided into 100 ''santimat'' (singular: santim; ). The exchange rate of the Moroccan dirham is determined within a band of fluctuation of ± 5 percent compared to a central rate established by Bank Al-Maghrib, the central bank of Morocco on the basis of a currency basket composed of the euro and United States dollar by up to 60% and 40% respectively. History The word ''dirham'' derives from the Greek currency, the ''Ancient drachma, drachma''. The Idrissid dirham, a silver coin, was minted in Morocco under the Idrisid dynasty from the 8th to 10th centuries. 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''. From 1882, the dirham became a subdivi ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   [Amazon] |
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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 inscription, and can be difficult to identify precisely. Depreciation From 1862, the falus was allowed to float, while the exchange rate for the silver dirham was fixed: this resulted in currency speculation and depreciation, with effectively two parallel currencies. References See also * Fils (currency) The fils (Arabic: فلس) is a subdivision of currency used in some Arab countries, such as Iraq and Bahrain. The term is a modern retranscription of ''fals'', an early medieval Arab coin. "Fils" is the singular form in Arabic, not plural (as it ... Economic history of Morocco Currencies of Africa Numismatics Coins of Morocco 17th-century establishments in Morocco 20th-century disestablishments in Morocco Currencies of Morocco ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   [Amazon] |
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Spanish Morocco
The Spanish protectorate in Morocco was established on 27 November 1912 by a treaty between France and Spain that converted the Spanish sphere of influence in Morocco into a formal protectorate. The Spanish protectorate consisted of a northern strip on the Mediterranean and the Strait of Gibraltar, and a southern part of the protectorate around Cape Juby, bordering the Spanish Sahara. The northern zone became part of independent Morocco on 7 April 1956, shortly after France relinquished its protectorate. Spain finally ceded its southern zone through the Treaty of Angra de Cintra on 1 April 1958, after the short Ifni War. The city of Tangier was excluded from the Spanish protectorate and received a special internationally controlled status as Tangier International Zone. Since France already held a protectorate over most of the country and had controlled Morocco's foreign affairs since 30 March 1912, it also held the power to delegate a zone to Spanish protection. The surf ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   [Amazon] |
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Spanish Peseta
The peseta (, ) was the currency of Spain between 1868 and 2002. Along with the French franc, it was also a de facto currency, ''de facto'' currency used in Andorra (which had no national currency with legal tender). Etymology The name of the currency derives from ''peceta'', a Catalan Language, Catalan word meaning ''little piece,'' from of the Catalan word ''peça'' (lit. ''piece'', "coin"). Its etymology has wrongly been attributed to the Spanish ''peso''. The word ''peseta'' has been known as early as 1737 to colloquially refer to the coin worth 2 ''reales provincial'' or of a peso. Coins denominated in "pesetas" were briefly issued in 1808 in Barcelona under French occupation; see Catalan peseta. Symbol Traditionally, there was never a single symbol or special character for the Spanish peseta. Common abbreviations were "Pta" (plural: "Pts), "Pt", and "Ptas". A common way of representing amounts of pesetas in print was using superior letters: "Pta" and "Pts". Common ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   [Amazon] |
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French Morocco
The French protectorate in Morocco, also known as French Morocco, was the period of French colonial rule in Morocco that lasted from 1912 to 1956. The protectorate was officially established 30 March 1912, when Sultan Abd al-Hafid signed the Treaty of Fez, though the French military occupation of Morocco had begun with the invasion of Oujda and the bombardment of Casablanca in 1907. The French protectorate lasted until the dissolution of the Treaty of Fez on 2 March 1956, with the Franco-Moroccan Joint Declaration. Morocco's independence movement, described in Moroccan historiography as the Revolution of the King and the People, restored the exiled Mohammed V but it did not end the French presence in Morocco. France preserved its influence in the country, including a right to station French troops and to have a say in Morocco's foreign policy. French settlers also maintained their rights and property. While the agreements with France had provided for interdependent foreign ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   [Amazon] |
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Moroccan Franc
The franc () 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). History Before the first World War, the Moroccan rial was worth 5 French francs. However, after the war, the franc's value fell, such that when the franc replaced the rial, it was at a rate of 10 francs = 1 rial. The Moroccan franc was equal in value to the French franc. When Spanish Morocco was united with the rest of Morocco, the franc replaced the Spanish peseta at a rate of 1 peseta = 10 francs. In 1960, the dirham was introduced. It was subdivided into 100 francs. The franc was replaced as the subdivision of the dirham by the centime in 1974. Coins In 1921, coins were introduced under the reign of Yusuf, in denominations of 25 and 50 centimes and 1 franc. The 25 centimes is a holed, cupro-nickel coin, and comes with three Privy mark varieties: no privy mark, minted in 1921 at Paris, thund ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   [Amazon] |
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State Bank Of Morocco
The State Bank of Morocco () was a quasi-central bank established in 1907 following the Algeciras Conference, to stabilize the Moroccan currency and serve as a vehicle for European and especially French influence in the Sultanate of Morocco. Following the independence of Morocco, it was replaced in 1959 by the newly created , known since 1987 as Bank Al-Maghrib. History Background Projects for a bank that would stabilize the Moroccan monetary situation and promote trade and development in the Sultanate started being made in the 1880s, with various initiatives promoted by British, French, Tangier Jewish, and German businessmen and diplomats. From 1901 to 1905, the Banque de Paris et des Pays-Bas, simultaneously involved in the sovereign debt restructuring that led in 1904 to the creation of the Moroccan Debt Administration, worked with the French government to create a state bank that would be nominally placed under the authority of the Sultan but practically under full French ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   [Amazon] |
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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 inscription, and can be difficult to identify precisely. Depreciation From 1862, the falus was allowed to float, while the exchange rate for the silver dirham was fixed: this resulted in currency speculation and depreciation, with effectively two parallel currencies. References See also * Fils (currency) The fils (Arabic: فلس) is a subdivision of currency used in some Arab countries, such as Iraq and Bahrain. The term is a modern retranscription of ''fals'', an early medieval Arab coin. "Fils" is the singular form in Arabic, not plural (as it ... Economic history of Morocco Currencies of Africa Numismatics Coins of Morocco 17th-century establishments in Morocco 20th-century disestablishments in Morocco Currencies of Morocco ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   [Amazon] |
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Currencies Of Africa
A currency is a standardization of money in any form, in use or circulation as a medium of exchange, for example banknotes and coins. A more general definition is that a currency is a ''system of money'' in common use within a specific environment over time, especially for people in a nation state. Under this definition, the British Pound sterling (£), euros (€), Japanese yen (¥), and U.S. dollars (US$) are examples of (government-issued) fiat currencies. Currencies may act as stores of value and be traded between nations in foreign exchange markets, which determine the relative values of the different currencies. Currencies in this sense are either chosen by users or decreed by governments, and each type has limited boundaries of acceptance; i.e., legal tender laws may require a particular unit of account for payments to government agencies. Other definitions of the term ''currency'' appear in the respective synonymous articles: banknote, coin, and money. This article us ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   [Amazon] |
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Modern Obsolete Currencies
Modern may refer to: History *Modern history ** Early Modern period ** Late Modern period *** 18th century *** 19th century *** 20th century ** Contemporary history * Moderns, a faction of Freemasonry that existed in the 18th century Philosophy and sociology * Modernity, a loosely defined concept delineating a number of societal, economic and ideological features that contrast with "pre-modern" times or societies ** Late modernity Art * Modernism ** Modernist poetry * Modern art, a form of art * Modern dance, a dance form developed in the early 20th century * Modern architecture, a broad movement and period in architectural history ** Moderne, multiple architectural styles ** Modernisme a.k.a. Catalan Modernism * Modern music (other) Geography *Modra, a Slovak city, referred to in the German language as "Modern" Typography * Modern (typeface), a raster font packaged with Windows XP * Another name for the typeface classification known as Didone (typography) * Modern ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   [Amazon] |