Event
Moroccan currency in 1882-1921
The rial was the currency of Morocco between 1880 and 1921. It was subdivided into 10 dirham, each of 50 mazunas.
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Text from the Wikipedia article “Moroccan rial”, available under CC BY-SA 4.0.
The rial was the currency of Morocco between 1880 and 1921. It was subdivided into 10 dirham, each of 50 mazunas.
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.
In 1882, silver 1⁄2, 1, 21⁄2 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.
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).
Text from the Wikipedia article “Moroccan rial”, available under CC BY-SA 4.0.