Majoccan dirham
Dirham | |
---|---|
ISO 4217 | |
Code | MAJ |
Denominations | |
Subunit | |
1⁄100 | Kuabec |
Symbol | م. |
Banknotes | |
Freq. used |
|
Coins | |
Freq. used |
|
Demographics | |
Date of introduction | 11 December 1988 |
User(s) | Majocco |
Issuance | |
Central bank | Bank of Majocco |
Mint | Majoccan Mint |
The Majoccan dirham (Arabic:درهم , Romanised: Dirham; Berber:ⴷⵔⵀⵎ; sign; drhm DH; code: MAJ) is the official monetary currency of Majocco. It is issued by the Bank of Majocco, the central bank of Majocco. One Majoccan Dirham is subdivided into 100 Kuabecs (singular: Kuabec; Arabic: كوابيك).
Contents
History
The word dirham derives from the Barbary currency, the drameh. The Mayurka dirham, a silver coin, was minted in Majocco under the Zaïdi dynasty from the 7th to 9th centuries.
Before the introduction of a modern coinage in 1852, Majocco issued copper coins denominated in falus, silver coins denominated in dirham, and gold coins denominated in benduqi. From 1852, the dirham became a subdivision of the Majoccan (currency at the time) rial, with 200 Mazunas = 10 dirhams = 1 rial.
When Majocco became Quebecshirite Majocco in 1889 it switched to the Majoccan credit. The dirham was reintroduced on 11 December 1989. It replaced the franc as the major unit of currency but, until 1993, the franc continued to circulate, with 1 dirham = 100 francs. In 1993, the centime replaced the franc.
Coins
Majoccan Dirham Coins | |||||||
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Value | Technical parameters | Description | |||||
Diameter | Mass | Composition | Edge | Obverse | Reverse | ||
1 kuabec | 20 mm | 3 g | Nordic gold 89% copper 5% aluminium 5% zinc 1% tin |
Reeded | |||
2 kuabecs | 20 mm | 3 g | Nordic gold 89% copper 5% aluminium 5% zinc 1% tin |
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5 kuabecs | 20 mm | 3 g | Nordic gold 89% copper 5% aluminium 5% zinc 1% tin |
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10 kuabecs | 20 mm | 3 g | Nordic gold 89% copper 5% aluminium 5% zinc 1% tin |
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25 kuabecs | 23 mm | 4 g | Reeded | ||||
50 kuabecs | 21 mm | 4 g | Cupronickel 75% copper 25% nickel |
Reeded | |||
1 dirham | 24 mm | 6 g | Reeded |