The Moroccan dirham is the official currency of Morocco. This coin derives from the Greek drachma, and its origins date back to the Idrisi dynasty between the 8th and 10th centuries. The modern coin was introduced in 1882, although when Morocco became a French protectorate in 1912, the Moroccan franc replaced the dirham. Almost forty years later, The Bank Al-Maghrib was founded, and the firsts dirham notes were issued in denominations of 5, 10, 50 dirhams in 1965, followed by 100 dirhams note in 1970, to circulate in parallel with the franc. In 1974, the santim replaced the franc entirely, and the 200 dirhams note was issued in 1991, followed by the 20 dirhams note in 1996. between 1980 and 1995, the 5 and 10 dirhams notes were replaced by coins.
In 1987, Morocco established its national banknote printing and minting factory called Dar As-Sikkah. In 2013, the Bank Al-Maghrib announced a new banknote series with the King Mohammed VI portrait and the Royal Crown.
The 20 Moroccan Dirhams commemorative note front design features King Mohammed VI with the National Coat of Arms (consist of the Royal Crown of Morocco, representing the Atlas Mountain, a rising sun, a pentagram and two lions. The motto: “In Tansourou Allaha Yansouroukoum (If you glorify God, He will glorify you)”). The reverse note side represents the Al-Boraq, a high-speed train, which connects Casablanca and Tangier and is known as one of the major projects developed under King Mohamed VI. This note is part of the 2019 commemorative series: “20th Anniversary of Enthronement of King Mohammed VI”. Its color purple on multicolor underprint.
Text: 20, Bank Al-Maghrib, 20 Dirhams, 1440 – 2019.