We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Moroccan Dirham

2»

Comments

  • NiftyDigits
    NiftyDigits Posts: 10,459 Forumite
    You are strongly advised to wait until you get to Morocco and get the currency from a bank, ATM at the airport, any one of the numerous ATMs...
  • nell_wen
    nell_wen Posts: 43 Forumite
    Part of the Furniture 10 Posts Photogenic Combo Breaker
    You are strongly advised to wait until you get to Morocco and get the currency from a bank, ATM at the airport, any one of the numerous ATMs...

    Could I ask why you advise this rather than getting currency changed in advance? As I would have to use a credit card for withdrawals over there, the interest charges will be rather hefty. Thanks.
  • NiftyDigits
    NiftyDigits Posts: 10,459 Forumite
    Could I ask why you advise this rather than getting currency changed in advance? As I would have to use a credit card for withdrawals over there, the interest charges will be rather hefty. Thanks.

    The interest rate will be 2% per month. Hardly hefty.

    So if you withdraw £1000 and pay it off within 2 weeks, you are looking at £10.
  • wongataa
    wongataa Posts: 2,720 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Could I ask why you advise this rather than getting currency changed in advance? As I would have to use a credit card for withdrawals over there, the interest charges will be rather hefty. Thanks.
    You can't get Moroccan currency outside of Morocco. You have to get it in the country. As far as I remember you are not supposed to take their currency out of the country as well.
  • dzug1
    dzug1 Posts: 13,535 Forumite
    10,000 Posts Combo Breaker
    wongataa wrote: »
    You can't get Moroccan currency outside of Morocco. You have to get it in the country. As far as I remember you are not supposed to take their currency out of the country as well.

    You can get it in London - and change it back. The rates are not necessarily good.

    The Moroccans do have rules about it but they are laxly enforced (for small sums anyway) if at all.
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 352.2K Banking & Borrowing
  • 253.6K Reduce Debt & Boost Income
  • 454.3K Spending & Discounts
  • 245.3K Work, Benefits & Business
  • 601K Mortgages, Homes & Bills
  • 177.5K Life & Family
  • 259.1K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.