Bank Al-Maghrib, Central bank in Avenue Mohammed V, Rabat, Morocco.
Bank Al-Maghrib is Morocco's central bank located on Avenue Mohammed V in Rabat. It manages the country's monetary policies and oversees all commercial banking operations throughout the nation.
The bank was established in 1959 following negotiations with France, replacing the previous State Bank of Morocco. Its creation introduced the Moroccan dirham as the nation's official currency.
The bank's numismatic collection tells the story of Morocco's monetary history through thousands of coins and banknotes on display. Walking through these exhibits, you see how the country's money has changed and reflects different periods of its past.
The building is located centrally in Rabat and stands out from nearby structures along the avenue. Visitors interested in viewing the coin and banknote collection should check in advance about access arrangements.
The museum holds one of Africa's most extensive collections of historical currencies and displays coins spanning thousands of years. This collection offers rare insight into the economic past of not just Morocco but the broader North African region.
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