Moroccan rial
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The rial was the currency of Morocco between 1882 and 1921. It was subdivided into 10 dirham, each of 50 mazunas.
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[edit] 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, the rial was replaced by the Spanish peseta in 1912 at a rate of 1 rial = 5 pesetas. In French Morocco, the rial was replaced in 1921 by the franc at a rate of 1 rial = 10 francs.
[edit] 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.
[edit] 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).
[edit] See also
[edit] References
- Krause, Chester L. and Clifford Mishler (1991). Standard Catalog of World Coins: 1801-1991, 18th ed., Krause Publications. ISBN 0-87341-150-1.
- Pick, Albert (1994). Standard Catalog of World Paper Money: General Issues, Colin R. Bruce II and Neil Shafer (editors), 7th ed., Krause Publications. ISBN 0-87341-207-9.