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Forum Question Posted By: Replies:
Rabat Currency Exchange Morocco Dirhams
Posted: Fri October 26, 2007 10:32 PM UTC
Hi there all....I hope that you can help me out...
I am going to Morocco here in 3 weeks. I checked through my bank and was suprised by the fee they charged me on the dollar to exchange from American Dollars...to Morocan Dirhams. I just read on the Morocco Embassay Website that there is no commision there in Morocco to exchange my money....is this true?

Would I get the most for my money to do my currency exchange there in Morocco as aposed to at my local bank?

Thanks soooo Much....Angela
photoangela75
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5 replies

[Reply]

Rabat Re: Currency Exchange Morocco Dirhams
Posted: Sat October 27, 2007 12:45 AM UTC
This is probably true, however, the American Dollar is not as popular as it used to be, so you will need to find out what to take.

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ricky52
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[Reply]
Rabat Re: Currency Exchange Morocco Dirhams
Posted: Sat October 27, 2007 04:16 AM UTC
Moroccan Dirham is a restricted currency. You won't be allowed to take it out of the country. I recommend taking dollars or Euro. you can use ATM machines which are availble every where.

Enjoy Rabat and Morroco

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Doctor38
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[Reply]
Rabat Re: Currency Exchange Morocco Dirhams
Posted: Sat October 27, 2007 10:55 AM UTC
like the doctor says, it's a restricted currency. You can't buy dirhams in the UK & I would be very surprised if you could do so in the US. Plastic is they way, atms everywhere.

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TheLongTone
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[Reply]
Rabat Re: Currency Exchange Morocco Dirhams
Posted: Sat October 27, 2007 12:10 PM UTC
Already been answered but likewise i am surprised that it sounds like its been done for you when its supposedly a restricted currency and unobtainable outside of Morocco - if theres no commission they just catch it by giving you a poor exchange rate so it helps to compare - banks are better than say the Western union credit union which has always been pitiful.

Exchanging cash probably does overall have a better rate than ATM rates but its the ability to travel without large wads of money around you - using the ATM to get what you need for 2-3 days at a time.

Some places such as the Tangier boat terminal of all unexpected places had excellent rates. Arriving in Marrakech its a pain to have to change money - long queues at the airport wasting time.... ive always otherwise relied on ATMs and kept sterling as a back up in case of any probs such as if you did lose your ATM card (often when the banks stop for lunchbreak their ATMs do too! and eat your card - strange but several times ive had to go in and rescue my card when staff are back or the next morning if it happened late at night - always got it back except once...)

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angiebabe
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[Reply]
Rabat Re: Currency Exchange Morocco Dirhams
Posted: Sat October 27, 2007 03:08 PM UTC
You still pay commission, but at least you obtaining Dirhams legally

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cabeyp
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[Reply]
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