108, rue de Berima Medina, Marrakech, Tel: +212 (0) 24 38 27 40 Fax: +212 (0) 24 38 47 67 email: info@lescigognes.com
Shopping in Marrakech is easily done with credit cards. Most merchants in the medina, and in the souks take Amex, Visa, Mastercard, and Diners. ATM Cash Machines are available in the Djema El Fnaa, in Gueliz, and at banks all over Morocco.
The Moroccan Dirham is technically an unconvertible currency, but for all practical purposes, it shouldn’t mean much to you. It just means that you can’t take large amounts of cash out of the country, and can’t buy Dirhams before you get here. There’s an ATM in the arrivals hall at the airport, ATM’s are all over town, and traveller’s cheques are near-universally accepted.
Currency converter
The Moroccan Dirham is approximately 10 to 1 to the Euro and the US Dollar; 1 to 1 to the Mexican Peso; and 15 to 1 to Pound Sterling. For a more precise calculation in any currency, use this currency conversion tool:
Prices of things
Compared to prices in Europe, Morocco is inexpensive. If it is made in Morocco, whatever it is, it will cost a half to a third of what an equivalent item made in Europe would be. This holds true for everything from handicrafts to the latest fashions.
Availability of credit cards and ATMs
Most establishments take all major credit cards, including some of the more obscure ones. ATM machines are certainly easy to find in Marrakech, Casablanca, and other major cities, less so, but not impossible, in small towns. They are almost all on the Cirrus and other international ATM networks, and we have never had a guest who had a hard time obtaining money in this way, directly from their ATM card.
Generally, this is the best way to obtain money in Morocco, as the charges for cash withdrawal on ATM cards are considerably lower than either cash-advance fees from credit cards or money change.