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Silver Price in Morocco Today

Today's silver rate in Morocco: Silver 999 MAD 17.18 per gram, Silver 925 MAD 15.89 per gram (as of Oct 22, 2026, 21:00 Morocco time). This is based on spot silver at $54.60 per troy ounce and 1 USD = 9.7880 MAD. Change today: −0.12% in MAD terms.

Silver rate today · MAD

Market closed · last price
Silver 999per gram
MAD 17.18
Silver 925per gram
MAD 15.89
Silver 999per kilo
MAD 17,181
−MAD 0.02 (−0.12%) today, Silver 999 per gram
As of Oct 22, 2026 · 9:00 PM Morocco time · 1 USD = 9.7880 MAD
Low MAD 415.5152 weeks, per ozHigh MAD 1,023.65

Silver price in MAD · per ounce

Loading chart…
Chart in MAD: COMEX silver futures daily closes × that day's USD/MAD exchange rate.

Silver Rate in Morocco by Purity and Weight

Value of the silver content at today's spot price, in MAD. Coins, bars and jewellery add premiums, fabrication and any taxes.

Purity1 gram10 grams1 ounce100 grams500 grams1 kilo
Fine silver999 fine MAD 17.18 MAD 171.81 MAD 534.40 MAD 1,718.15 MAD 8,590.74 MAD 17,181
Sterling silver925 fine MAD 15.89 MAD 158.93 MAD 494.32 MAD 1,589.29 MAD 7,946.43 MAD 15,893
Silver 800800 fine MAD 13.75 MAD 137.45 MAD 427.52 MAD 1,374.52 MAD 6,872.59 MAD 13,745

Silver Performance in MAD

How the silver price has changed for someone measuring in MAD — including currency moves.

Today
−0.12%
1 Week
−3.39%
1 Month
−14.98%
3 Months
−5.10%
Year to date
−16.33%
1 Year
+22.13%
3 Years
+122.38%
5 Years
+142.06%
10 Years
+210.30%
20 Years
+417.11%

Silver Price in Morocco by Year (MAD)

Year-end price per ounce and per kilo in Moroccan dirhams, with the year's change, high and low: the international price converted at each day's exchange rate, before taxes and dealer premiums. Highest close: MAD 1,024 an ounce on 28 Jan 2026.

YearYear-end, per ounceChangeHighLowPer kilo
2026 YTDMAD 542.97−15.1% MAD 1,024 Jan 28MAD 502.98 Jul 16MAD 17,457
2025MAD 639.27+126.2% MAD 704.10 Dec 30MAD 273.64 Apr 7MAD 20,553
2024MAD 282.57+19.8% MAD 344.72 Oct 22MAD 213.38 Jan 22MAD 9,085
2023MAD 235.81−5.5% MAD 262.62 Apr 13MAD 208.22 Mar 7MAD 7,581
2022MAD 249.60+15.7% MAD 265.72 Mar 8MAD 180.47 Jul 14MAD 8,025
2021MAD 215.74−7.9% MAD 262.97 Feb 1MAD 193.37 Sep 29MAD 6,936
2020MAD 234.22+36.9% MAD 263.25 Aug 10MAD 109.43 Mar 18MAD 7,530
2019MAD 171.06+16.4% MAD 187.25 Sep 4MAD 138.08 May 28MAD 5,500
2018MAD 146.99−5.3% MAD 162.10 Jun 14MAD 129.56 Sep 24MAD 4,726
2017MAD 155.17−3.6% MAD 185.99 Apr 13MAD 143.72 Dec 12MAD 4,989
2016MAD 160.99+21.9% MAD 200.53 Aug 2MAD 132.43 Jan 8MAD 5,176
2015MAD 132.07−3.7% MAD 175.93 Jan 23MAD 131.73 Aug 26MAD 4,246
2014MAD 137.19−12.9% MAD 179.75 Feb 24MAD 132.91 Nov 5MAD 4,411
2013MAD 157.58−38.0% MAD 270.89 Jan 23MAD 155.19 Dec 20MAD 5,066
2012MAD 254.18+6.6% MAD 307.40 Feb 28MAD 226.94 Jun 22MAD 8,172
2011MAD 238.38−7.4% MAD 371.86 Apr 29MAD 218.38 Jan 25MAD 7,664
2010MAD 257.33+100.5% MAD 257.55 Dec 29MAD 121.27 Feb 5MAD 8,273
2009MAD 128.32+44.1% MAD 145.47 Dec 2MAD 87.80 Jan 14MAD 4,126
2008MAD 89.06−21.3% MAD 153.43 Mar 5MAD 75.68 Oct 28MAD 2,863
2007MAD 113.22+5.3% MAD 123.74 Feb 26MAD 93.97 Aug 16MAD 3,640
2006MAD 107.54+35.3% MAD 128.64 Apr 19MAD 77.99 Jan 5MAD 3,457
2005MAD 79.51+42.4% MAD 81.40 Dec 9MAD 53.24 Jan 4MAD 2,556
2004MAD 55.81+7.3% MAD 74.22 Apr 6MAD 50.55 May 11MAD 1,794
Daily closing prices from 2003; the current year runs to the latest close. Click a year for the silver price in US dollars that year, with key events.

How silver is priced in Morocco

Moroccan silver is sold per gram for jewellery — from sterling (925) pieces to traditional Amazigh silverwork — and per kilo for metal. The figures here are international spot silver converted at today's USD/MAD rate: the metal value before the hallmarking fee, VAT, workmanship (façon) and the seller's margin.

A growing silver producer

Morocco is a significant silver miner. According to the Silver Institute's World Silver Survey 2026, Moroccan mines produced about 11.9 million ounces in 2025, up 50% on the year — the largest percentage gain among the main producing countries. Most mine output is exported, so local prices still follow the international silver price and the dirham exchange rate.

Hallmarking and tax

Precious-metal articles, silver as well as gold, are assayed and stamped with the official poinçon at the customs administration's guarantee offices, which also auction seized gold and silver jewellery. Hallmarking declarations are filed online through the customs BADR system. Morocco's standard VAT (TVA) rate is 20%, but much of the jewellery trade is informal; ask for an invoice showing weight, purity and façon.

Traditional silver jewellery

Silver has a long tradition in Amazigh (Berber) jewellery, and towns such as Tiznit are known for silverwork. Older and souk pieces vary widely in fineness — some are well below sterling, others are plated — so the metal value can be much lower than a piece's price. Weigh the piece, check the hallmark and use the calculator above with the right purity to see what the silver itself is worth.

Tax and duty information last reviewed October 2026. Rules change — confirm with your dealer or tax authority before a large purchase.

Silver value calculator · MAD

Estimated value
—

How we calculate

Spot silver (USD per troy ounce of pure silver) × today's USD/MAD rate × purity × weight ÷ 31.1035 g. That is the metal value; shop prices add dealer premiums, fabrication and any taxes described on this page.

Silver Price in Morocco: FAQ

What is the silver price in Morocco today?

At the international spot price (Oct 22, 2026, 21:00 Morocco time): about MAD 17.18 per gram and MAD 17,181 per kilo of pure silver; Silver 925 is worth about MAD 15.89 per gram. That is the international price converted to dirhams. Silver jewellery adds workmanship (façon), the hallmarking fee and the seller's margin.

How much silver does Morocco produce?

About 11.9 million ounces in 2025, up 50% on 2024, according to the World Silver Survey 2026.

Is silver jewellery in Morocco hallmarked?

Silver articles are stamped with the official poinçon by the customs guarantee offices. Older and souk pieces may be unmarked, so check the purity before buying.

What is 925 silver worth per gram in dirhams?

Sterling (925) silver is 92.5% pure, so its metal value is 92.5% of the fine-silver gram price above, before façon and margin.

What is the highest silver price ever in Moroccan dirhams?

The highest daily close in our data is MAD 1,024 per ounce (MAD 32,911 per kilo), on 28 January 2026: the international price converted at that day's exchange rate. The table of prices by year shows each year's high and low.

How has the silver price changed in Moroccan dirhams over 10 years?

From the end of 2015 to the end of 2025, silver went from MAD 132.07 to MAD 639.27 an ounce in Moroccan dirhams, a rise of 384%. Part of any change in a local currency comes from the exchange rate, not the metal.

Silver Price in Other Countries

All countries →

Sources: Mining Visuals: top silver-producing countries in 2025 (World Silver Survey 2026) · Hespress FR: customs guarantee office and hallmark checks (Mar 2025) · Hespress FR: hallmarking procedures on BADR (Aug 2025)