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ABOUT MOROCCO - MONEY & COSTS

Currency
The Moroccan unit of currency is the dirham which is divided into 100 centimes. There are ATM's throughout Morocco in all of the major cities and most towns. Credit cards are accepted at most of the higher end hotels, restaurants and shops. You can change money and traveler checks at all major banks, bureau de change and some hotels. Click here for current exchange rates.

Relative costs
Budget meal: US$5-10
Mid-range meal: US$10-15
Top-end meal: US$15-30

Reckon on about US$40-50 per day if you want to travel in comfort. Budget travellers prepared to camp or stay in hostels could happily survive on about US$15-20 a day. Expect to pay dearly for the pleasure of beer (around US$3) and other heady imports. Getting around is relatively cheap and there are plenty of options, one of the cheapest (and most rewarding) is cycling.

Banks & ATM
There's a wide range of banks available for changing money and cashing travellers' cheques and credit cards. Generally, it's quick and easy with rates varying little from bank to bank. Probably the best of the banks is the Banque Marocaine du Commerce Extérieur (BMCE). Cash advances on credit cards and ATM carry a charge of about 1.5%.

Tipping
Tipping is expected in the swisher eateries. Around 10-15% of your bill is usual. A dirham or two should suffice at the more humble restaurants and cafes. A whole range of other services, some of which you may not notice or want, are also performed with the aim of pocketing a few dirhams. Remember that for many porters, guides, bus stop spruikers and the like, this is how they make a living. On the other hand, aggressive hustling shouldn't be rewarded.

 

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