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Bank Al-Maghrib Withdraws Banknotes from Circulation

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Note: This news was translated automatically and may contain some language errors.

HIBAPRESS

Bank Al-Maghrib has decided to withdraw banknotes from several denominations from circulation starting January 1, 2026, while allowing their exchange until December 31, 2030, according to an official decree published in the official gazette.

The decision concerns banknotes of the denominations 10, 20, 50, 100, and 200 dirhams, which were put into circulation between 1987 and 1996, and which will lose their legal force starting from the aforementioned date.

The decree confirmed that the exchange of these notes will remain available without restrictions at bank counters and Bank Al-Maghrib until the end of 2030.

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