Dirhami

Dirhami is a unit of currency historically used in several regions, notably in parts of the Arab world and North Africa. The name "dirham" originates from the ancient Greek drachma, a silver coin that was widely circulated throughout the Mediterranean and Middle East in antiquity. As trade routes expanded, the drachma's influence spread, and various currencies adopted similar names and forms.

The dirham evolved over centuries, with its value and composition varying depending on the ruling caliphates and empires. During the Islamic Golden Age, dirhams were a significant part of the monetary system, facilitating trade across vast distances. They were typically silver coins, and their standardization contributed to the economic prosperity of the era.

Today, the dirham continues to be the official currency of two countries: Morocco and the United Arab Emirates. The Moroccan dirham (MAD) is subdivided into 100 centimes, while the Emirati dirham (AED) is subdivided into 100 fils. Both currencies are modern fiat currencies, meaning their value is not backed by a physical commodity but by the government that issues them. The dirhams of Morocco and the UAE have distinct designs and exchange rates, reflecting their respective national economies.