Where to exchange money in Marrakech

If you’re planning a trip to Marrakech, it will definitely be useful to know how to obtain the local currency. Additionally, you may want to be aware of the current exchange rate and the most convenient places to exchange your money.

On this page, we’ll provide you with a list of the best places to exchange currency in Marrakech. We’ll also introduce you to an alternative, Wise, which may be more cost-effective and save you the hassle of visiting a physical location.

Wise

Spend abroad without hidden fees

Currency exchanges in Marrakech

If you have a need to use cash, here are some recommendations to exchange foreign currency in Marrakech.

Just remember, there's no such thing as completely free or 0% commission when exchanging money. Always check the mid-market exchange rate beforehand so you know the real value of your money.

Money ChangerAddressContact Information
Bureau de Change Hotel AliRue Moulay Ismail, Marrakech 40000, Morocco+212 5243-80304
TAHA CHANGERésidence Salma, Rue Ouadi Naffis, Marrakech 40000, Morocco+212 5244-48796
Bab Agnaou ChangeMagasin N°3 Derb El Hammam, Lamchaour, Kasba, Marrakech 40000, Morocco+212 666-257273
Change Elyacout( Bureau de change )résidence la kasbah de Marrakech, Rue du Capitaine Arrigui, Marrakesh 40000, Morocco+212 668-530982
REGIONALE DE CHANGEN 6, Bd Mohamed VI, Marrakech 40000, Morocco+212 618-977379
Sté EL BACHA CHANGEJ2P3+9C8, Rue el Gza, Marrakesh 40000, Morocco+212 687-158622
Bureau De ChangeJ2J6+H67، طريق سيدي عبد العزيز، Marrakech 40000, Morocco+212 687-158620
Change Tassaout MarrakechN° 16, IMMEUBLE ELITE 212, AVENUE MOHAMED V ET ANGLE RUE TARIK IBNOU ZYAD, Marrakech 40000, Morocco+212 699-884468
NET CHANGE133, Palmier 7 Angle Av. Mohamed VI, et Abdelkrim El Khattabi, Marrakech 40000, Morocco+212 662-484969
Currency exchange pointComplexe Kawkab, 26 Rue Imam Chafii, Marrakech 40020, Morocco
EL ANSARI ExchangeMarrakesh 40000, Morocco+212 661-450214
Mad Exchangeangle bd liberte et rue tarik ibnou zyad n 36, n 2, imm dani rdc, Marrakech 40000, Morocco+212 8085-44489
Exchange Houda expresse21riad zitoune lakdim, Riad Zitoun Lakdim, Marrakech 40000, Morocco+212 666-611715
finactionRue Assaqia Al Hamra, Marrakech 40000, Morocco
Naciri Exchange ServicesJ2G6+XH4, 125 Znikat Rahba, Marrakesh 40000, Morocco+212 662-299353
Change La Placesouk Jdid N 14 près du, café Argana, Marrakech 40030, Morocco+212 661-853100
Global Exchangesocoma 1, n 1703, Marrakech 40150, Morocco
CHANGE AL KHAIRN°81 Bd Moulay Rachid, Marrakech 40000, Morocco+212 771-041665
exchange.com22 Bd Mohamed Zerktouni, Marrakech 40000, Morocco+212 5244-21617
Change plaza74,marché central rue iben toumert, Marrakech 40000, Morocco+212 678-576181

Moroccan dirham rate today

When you're in Marrakech, and also the rest of Morocco, the official currency is the Moroccan dirham.

Yet, when you step into a currency exchange shop, you'll notice they use currency codes. The code associated with the Moroccan dirham is MAD, so be sure to take note of it when comparing exchange rates.


What you should know about exchanging money in Marrakech

You can follow a few simple tips which could help save money when exchanging currency in Marrakech. By increasing your awareness you can be better prepared for currency exchanges wherever you are.

1. Beware of 'zero fee' services
Some services will claim 'no commission'. This can be misleading as they will often have hidden a markup by offering you a worse exchange rate.

2. Know the current exchange rate
Be familiar with the current exchange rate to help identify a bad deal from exchange services.

3. Avoid exchanging money at airports or hotels
The convenience of exchanging currency at airports and hotels often comes at a price. That price will come as poor exchange rates and high transaction fees. Try to use this as a last resort.

4. Avoid scams
Be cautious of street vendors or unofficial exchange services that may offer seemingly attractive rates. Stick to recognised establishments to avoid falling victim to scams or fraudulent practices. Your financial security should always be a top priority.

5. Opt for local currency
When using an ATM abroad, pick the option to be charged in Moroccan dirhams for a fairer rate to avoid undisclosed exchange rates. Picking the local currency will almost always be cheaper.

Consider an alternative to physical currency exchanges

Say goodbye to overcomplicated currency exchange. Wise can help you get a better deal on currency conversion in over 40 currencies, with the mid-market exchange rate and low fees.

Open a personal Wise account online or in the Wise app, and order a linked debit card for a one-time fee to spend and withdraw money in 150+ countries.

There’s no fee to spend any currency you hold, and no foreign transaction fee to worry about. Use your account when you travel or shop online in foreign currencies, send payments in 70+ currencies, and get your own local account details in 9 currencies.

Bottom line

As you can see, there are plenty of options for exchanging money in Marrakech. Remember to do your research on the exchange rate and get the most out of your trip. For a fuss-free alternative to exchanging cash, check out Wise.

Please see terms of use and product availability for your region or visit Wise fees and pricing for the most up to date pricing and fee information.
This publication is provided for general information purposes and does not constitute legal, tax or other professional advice from Wise Payments Limited or its subsidiaries and its affiliates, and it is not intended as a substitute for obtaining advice from a financial advisor or any other professional.
We make no representations, warranties or guarantees, whether expressed or implied, that the content in the publication is accurate, complete or up to date.