Financial institution Al-Maghrib places into circulation the brand new 100 DH banknote and the brand new sequence of cash

by times news cr

2024-05-20 23:38:36

Financial institution Al-Maghrib places into circulation the brand new 100 DH banknote and the brand new sequence of cash

Rabat – Financial institution Al-Maghrib (BAM) put into circulation on Friday the brand new 100 dirham word and cash of 10 centimes, 20 centimes, 1/2 dirham, 1 dirham, 5 dirhams and 10 dirhams.

All of the phases of manufacturing of this new sequence of banknotes and cash had been carried out completely by Moroccan expertise working inside Dar As-Sikkah, signifies BAM in a press launch.

The brand new 100 dirham word highlights the cultural heritage of the Moroccan Sahara, its socio-economic improvement and its openness to Africa. The entrance of this word presents the portrait of His Majesty King Mohammed VI, the Coat of Arms of the Kingdom in addition to architectural particulars impressed by the Moroccan doorways and stylized arcades of the Hassan II Mosque in Casablanca.

The again of the word features a stylized view of Mechouar Sq. in Laâyoune and the Tiznit/Dakhla expressway along with a illustration of the standard Moussem de Tan-Tan festivities.

This new banknote incorporates a number of state-of-the-art safety features corresponding to three-window safety thread, color-changing magnetic ink, embossed printing and latent picture.

Moreover, a number of themes have been chosen for the brand new coin sequence. These are agriculture for the ten cent coin, sustainable improvement and the surroundings for the 20 cent coin, cultural range for the 1/2 dirham coin, nationwide sovereignty for the 20 cent coin. 1 dirham, improvement of the Moroccan Sahara for the 5 dirham coin and improvement and infrastructure for the ten dirham coin.

2024-05-20 23:38:36

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