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🇲🇦 Silver Price Today in Morocco | MAD735.08
Live silver price in Moroccan Dirham (MAD) — updated every minute
Last updated: May 4, 2026, 01:01 PM ET
Per Gram (MAD)
MAD23.6333
Per Troy Oz (MAD)
MAD735.08
Per Kg (MAD)
MAD23,633
USD/Silver Spot
$72.78/oz
USD/MAD Rate
1 USD = 10.1 MAD
Gold/Silver Ratio
62.0:1
Silver Market in Morocco
Morocco has a significant silver jewellery market driven by Berber and Arab cultural traditions. silver jewellery is central to Moroccan wedding ceremonies, with elaborate pieces given as gifts. Bank Al-Maghrib holds approximately 22 tonnes in silver reserves. Morocco imports most of its investment silver from European and Middle Eastern suppliers.
Why do people in Morocco invest in silver?
Moroccan investors use silver jewellery as both cultural expression and savings. The dirham is managed by Bank Al-Maghrib within a controlled float band. silver provides protection against potential currency devaluation and serves as intergenerational wealth transfer in Moroccan family traditions.
Frequently Asked Questions — Silver in Morocco
What is the silver price today in Morocco in dirhams?
Moroccan silver prices in MAD are quoted by local dealers and jewellery associations at the international USD spot price converted at the USD/MAD rate.
What karat silver is sold in Morocco?
Moroccan jewellery is predominantly 18K (750 fine). The hallmarking system is administered by the Direction des Essais et du Contrôle (DEC). 24K investment bars are available from licensed dealers in Casablanca and Rabat.
Is silver taxed in Morocco?
silver jewellery in Morocco is subject to VAT (TVA) of 20%. Investment silver may have different treatment. Import duties apply to silver brought into Morocco above personal allowance limits.
How important is silver in Moroccan weddings?
silver jewellery is an essential part of Moroccan wedding traditions. Elaborate silver sets including necklaces, bracelets, earrings, and belts are gifted to brides. The jewelry serves both ceremonial and practical financial functions, representing a significant portion of the wedding budget.