What is the hundredth subdivision of Morocco’s dirham?

The hundredth subdivision of Morocco’s dirham is the santimat. One Moroccan dirham contains 100 santimat, although cash transactions are commonly discussed in dirhams and many small-denomination coins are not heavily used in daily commerce.

The word santimat reflects the French centime tradition, adapted into Moroccan Arabic usage. Morocco’s modern dirham was introduced in 1960, replacing the Moroccan franc as the country’s principal monetary unit. The currency is issued by Bank Al-Maghrib, Morocco’s central bank.

The Moroccan dirham is distinct from the United Arab Emirates dirham, despite the shared word. The term dirham has a much older history, ultimately linked to the Greek drachma and used across several Islamic monetary traditions.