Exchanging Money in Marrakech: What You Need to Know
If you plan to travel around Morocco and start your journey in Marrakech, you will need the local currency, the Moroccan Dirham (MAD). While many hotels, tour operators, and some restaurants accept euros, pounds, or dollars, paying in dirhams always makes life easier. Local currency helps you avoid confusion, awkward negotiations, and the risk of receiving incorrect change.
Experienced travelers rarely exchange all their money at once. You cannot convert dirhams back into foreign currency, and Moroccan law does not allow travelers to take more than 200 MAD (about $20) out of the country. For this reason, exchange money gradually as you need it.
At Marrakech Camel Trips, we recommend several reliable and convenient ways to exchange money once you arrive in Morocco.
Exchange Money at Marrakech Airport
After passing immigration at Marrakech Menara Airport, you can exchange euros, pounds, or dollars at one of the airport’s exchange counters. Several bureaus operate there, although they may close late at night. The exchange rate may not offer the absolute best value, but the difference remains small. This option allows you to arrive in the city with cash in hand for taxis, tips, or quick purchases.
Wafacash Offices in Marrakech
One of the best and most popular options involves visiting a Wafacash office. These exchange offices appear all over Marrakech and stand out clearly. Wafacash allows you to exchange money and send or receive funds. They usually offer some of the most competitive exchange rates in the country, which makes them a trusted choice for travelers.
Exchange Money Near Jemaa El Fna Square
If you stay near Jemaa El Fna, the vibrant heart of Marrakech and the main entrance to the souks, you can exchange money at Hotel Ali. You will find it on Rue Moulay Ismael, right at the entrance to the Medina.
This small hotel has a street-level exchange office on the right-hand side of the area where horse-drawn carriages wait, facing the Koutoubia Mosque. The location makes it extremely convenient. You can exchange money and immediately enjoy rooftop terraces, watch snake charmers, listen to Berber musicians, and explore the famous food stalls that come alive in the evening.
Hotel Farouk in Gueliz
Another excellent option is Hotel Farouk, which offers competitive exchange rates for euros, pounds, and dollars. The hotel sits in the modern district of Gueliz, on Avenue Hassan II, 66.
Gueliz shows a different side of Marrakech, with wide streets, modern cafés, international restaurants, and western brands. This area works perfectly for travelers who want a cosmopolitan evening or familiar food options like McDonald’s—especially useful when traveling with children.
Final Tips for Exchanging Money in Marrakech
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Always keep small bills for taxis, tips, and markets
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Avoid exchanging money on the street
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Bring euros or dollars for the best exchange rates
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Exchange only what you need during your stay
Exchanging money in Marrakech remains easy, safe, and convenient when you choose the right places. With dirhams in your pocket, you can fully enjoy the colors, flavors, and energy of this unforgettable city.
