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Moroccan Rial
The rial was the currency of Morocco between 1882 and 1921. It was subdivided into 10 ''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 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 francs). See also * Falus The fa ...
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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 east, and the disputed territory of Western Sahara to the south. Mauritania lies to the south of Western Sahara. Morocco also claims the Spanish exclaves of Ceuta, Melilla and Peñón de Vélez de la Gomera, and several small Spanish-controlled islands off its coast. It spans an area of or , with a population of roughly 37 million. Its official and predominant religion is Islam, and the official languages are Arabic and Berber; the Moroccan dialect of Arabic and French are also widely spoken. Moroccan identity and culture is a mix of Arab, Berber, and European cultures. Its capital is Rabat, while its largest city is Casablanca. In a region inhabited since the Paleolithic Era over 300,000 years ago, the first M ...
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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 Morocco. One Moroccan dirham is subdivided into 100 ''santimat'' (singular: santim; ar, سانتيم). History The word ''dirham'' derives from the Greek currency, the ''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 subdivision of the Moroccan rial, with 500 Mazunas = 10 dirham = 1 rial. When most of Morocco became a French protectorate in 1912 it switched to the Moroccan franc. The dirham was reintroduced on 16 October 1960. It replaced ...
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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 The dirham, dirhem or dirhm ( ar, درهم) is a silver unit of currency historically and currently used by several Arab world, Arab and Arabization, Arab influenced states. The term has also been used as a related unit of mass. Unit of ... was fixed: this resulted in currency speculation and depreciation, with effectively two parallel currencies. References See also * Fils (currency) Economic history of Morocco Currencies of Africa Numismatics Coins of Morocco 17th-century establishments in Morocco 20th-century disestablishments in Morocco Currencies of Morocco< ...
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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 east, and the disputed territory of Western Sahara to the south. Mauritania lies to the south of Western Sahara. Morocco also claims the Spanish exclaves of Ceuta, Melilla and Peñón de Vélez de la Gomera, and several small Spanish-controlled islands off its coast. It spans an area of or , with a population of roughly 37 million. Its official and predominant religion is Islam, and the official languages are Arabic and Berber; the Moroccan dialect of Arabic and French are also widely spoken. Moroccan identity and culture is a mix of Arab, Berber, and European cultures. Its capital is Rabat, while its largest city is Casablanca. In a region inhabited since the Paleolithic Era over 300,000 years ago, the first Moroccan state wa ...
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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 the currency originally comes from ''peceta'', a Catalan diminutive form of the (Catalan) word ''peça'' (lit. ''piece'', i.e. a coin), not from the Spanish ''peso'' (lit. ''weight''). 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 Spanish models of mechanical typewri ...
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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 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 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 an ...
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Moroccan Franc
The franc ( ar, 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). 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 ...
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State Bank Of Morocco
The State Bank of Morocco (french: Banque d'État du Maroc) 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 ...
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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 The dirham, dirhem or dirhm ( ar, درهم) is a silver unit of currency historically and currently used by several Arab world, Arab and Arabization, Arab influenced states. The term has also been used as a related unit of mass. Unit of ... was fixed: this resulted in currency speculation and depreciation, with effectively two parallel currencies. References See also * Fils (currency) Economic history of Morocco Currencies of Africa Numismatics Coins of Morocco 17th-century establishments in Morocco 20th-century disestablishments in Morocco Currencies of Morocco< ...
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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 Morocco. One Moroccan dirham is subdivided into 100 ''santimat'' (singular: santim; ar, سانتيم). History The word ''dirham'' derives from the Greek currency, the ''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 subdivision of the Moroccan rial, with 500 Mazunas = 10 dirham = 1 rial. When most of Morocco became a French protectorate in 1912 it switched to the Moroccan franc. The dirham was reintroduced on 16 October 1960. It replaced ...
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Currencies Of Africa
A currency, "in circulation", from la, currens, -entis, literally meaning "running" or "traversing" 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 "curre ...
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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 * 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, a generic font family name for fixed-pitch serif and sans serif fonts (for e ...
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