What currency did Morocco reintroduce in 1960?

Morocco reintroduced the Moroccan dirham as its national currency in 1960.

The modern dirham returned after Morocco gained independence from France in 1956. It replaced the Moroccan franc for most purposes, although the franc had circulated during the protectorate period. The name dirham comes from the ancient Greek drachma through Arabic usage and has been used for currencies in several parts of the Islamic world.

The Bank Al-Maghrib, Morocco’s central bank, issues the dirham. One dirham is divided into 100 centimes. The Moroccan dirham is distinct from the United Arab Emirates dirham, even though the two currencies share the word “dirham” and both use the international abbreviation AED or MAD only in their separate ISO codes.