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Home > Economy > New 50 Dirham Banknote Highlights King Mohammed VI’s Sustainability Commitment

New 50 Dirham Banknote Highlights King Mohammed VI’s Sustainability Commitment

As part of the celebration of the 25th anniversary of King Mohammed VI’s ascension to the throne, Bank Al-Maghrib has put into circulation a new 50 dirham banknote.

Adil FaouzibyAdil Faouzi
Aug, 01, 2024
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New 50 Dirham Banknote Highlights King Mohammed VI’s Sustainability Commitment

New 50 Dirham Banknote Highlights King Mohammed VI’s Sustainability Commitment

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Marrakech – As part of the celebration of the 25th anniversary of King Mohammed VI’s ascension to the throne, Bank Al-Maghrib has put into circulation a new 50 dirham banknote.

The new banknote, which entered circulation on Tuesday, highlights Morocco’s sustainable development through the national strategy for clean energy and the protection of natural resources.

The front of the banknote features a portrait of King Mohammed VI, the Coat of Arms of the Kingdom, an architectural motif inspired by Moroccan doors, and a stylized view of the Ouzoud Waterfalls.

The back of the banknote includes stylized views of the “NOOR” Solar Station in Ouarzazate, wind turbines, the Ouirgane dam, and the Agadir seawater desalination plant.

The new banknote incorporates the most advanced security features, such as a security thread with a dynamic color-shifting effect, an iridescent band on the back, a front-to-back registration device, raised patterns for the visually impaired, and progressive numbering.

All stages of the design and production of this new banknote were carried out exclusively by Moroccan expertise at Dar As-Sikkah.

Read also: Bank Al-Maghrib Report Reveals 6,092 Counterfeit Banknotes Detected in 2023

In addition to the 50 dirham banknote, Bank Al-Maghrib also issued a commemorative silver coin with a face value of 250 dirhams to mark the 25th anniversary of King Mohammed VI’s enthronement.

The coin features artistic representations of the Allegiance Ceremony and the Royal Coat of Arms, along with inscriptions in Arabic, French, and Tifinagh.

Prior to the introduction of the 50 dirham banknote, Bank Al-Maghrib had announced the issuance of new 100 and 200 dirham banknotes.

The 100 dirham banknote, released on November 24, 2023, highlights the cultural heritage of the Moroccan Sahara, its socio-economic development, and its openness to Africa.

Introduced this year on January 12, the 200 dirham banknote emphasizes the economic and industrial development achieved under the enlightened leadership of King Mohammed VI, focusing on infrastructure, industry, and development.

 

Tags: Bank Al-MaghribKing Mohammed VInew banknotesustainability in moroccoThrone Day
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