The rial was the currency of Morocco

Morocco

Morocco , officially the Kingdom of Morocco , is a country located in North Africa. It has a population of more than 32 million and an area of 710,850 km², and also primarily administers the disputed region of the Western Sahara...

 between 1882 and 1921. It was subdivided into 10 dirham

Moroccan dirham

The dirham is the currency of Morocco. The plural form is pronounced darahim, although in French and English "dirhams" is commonly used. Its ISO 4217 code is "MAD". It is subdivided into 100 santimat . The dirham is issued by the Bank Al-Maghrib, the central bank of Morocco...

, each of 50 mazunas.

History

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

Spanish Morocco

The Spanish protectorate of Morocco was the area of Morocco under colonial rule by the Spanish Empire, established by the Treaty of Fez in 1912 and ending in 1956, when both France and Spain recognized Moroccan independence.-Territorial borders:...

, the rial was replaced by the Spanish peseta

Spanish peseta

The peseta was the currency of Spain between 1869 and 2002. Along with the French franc, it was also a de facto currency used in Andorra .- Etymology :...

 in 1912 at a rate of 1 rial = 5 pesetas. In French Morocco

French Morocco

French Protectorate of Morocco was a French protectorate in Morocco, established by the Treaty of Fez. French Morocco did not include the north of the country, which was a Spanish protectorate...

, the rial was replaced in 1921 by the franc

Moroccan franc

The franc was the currency of French Morocco from 1921. It became the currency of all Morocco in 1957 and circulated until 1974. It was divided into 100 centimes .-History:...

at a rate of 1 rial = 10 francs.

Coins

In 1882, silver ½, 1, 2½ 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 unchaged until 1921.

Banknotes

The only paper money issued denominated in rial were issued by the Banque d'Etat du Maroc between 1910 and 1917. These were also denominated in francs, with denominations of 4 rial (20 francs) and 20 rial (100 francs).