The Office des Changes (Foreign Exchange Office) is starting the year 2026 with a series of highly anticipated easing measures. On the menu: unprecedented facilities for MREs investing in real estate , an increase in ceilings for students and online purchases, and a rethought tourist allowance.
The Office of Exchange has published its monthly indicators of foreign trade for the first eleven months of the year 2025. The data confirm the steady increase in remittances from Moroccans living abroad and the good performance of the tourism sector, in a context marked by the widening of the trade deficit.
Moroccans residing abroad (MRE) and travelers must comply with strict rules regarding the entry and exit of currencies, checks, and other means of payment. Lack of knowledge leads to seizures and fines. Here are five essential principles.
With a foreign exchange reserve reaching 431.24 billion dirhams at the end of October, Morocco has put an end to concerns about its external balances. This historic record, up 20% year-on-year, now anchors the financial solidity of the Kingdom on two structural drivers: tourism and foreign investment.
The National Financial Intelligence Authority of Morocco has opened an investigation into massive transfers from Europe, after three Moroccan banks reported unusual financial movements on accounts of individuals and entities in the country. The investigations, carried out in collaboration with Spain and other European countries, concern transfers of more than 15 million euros.
The Foreign Exchange Office has presented its annual report for 2024, a document that shows a profound transformation of the institution. It is moving towards a model that combines the preservation of financial balances with the promotion of economic openness and good governance.
The number of contentious cases reached 129 in 2024, compared to 137 in 2023, representing a decrease of 5.8%, according to the management report of the Foreign Exchange Office for the year 2024.
The latest economic indicators for Morocco present a contrasted picture. While transfers from Moroccans living abroad (MRE) continue to strengthen, the country’s trade deficit has considerably worsened over the first nine months of 2025.
The services of the Customs and Indirect Taxes Administration (ADII) and the Foreign Exchange Office have uncovered a sophisticated network of illegal currency transfers abroad. More than 90 million dirhams would have been diverted abroad over the past three years.
Manual exchange offices in the cities of Casablanca, Tangier, Marrakech and Fez are under the scrutiny of the controllers of the Foreign Exchange Office. They are suspected of being involved in suspicious exchange operations and speculation on the dirham.
Following the detection of suspected manipulations in documents related to contracts and financial transfers carried out by Moroccan investors between the kingdom and several African countries, particularly in Central and West Africa, a team of controllers from the Foreign Exchange Office is accelerating the verification mission it had started in the meantime.
The exchange control services of the Office des Changes, in collaboration with the Customs and Indirect Taxes Administration, are investigating suspicious commercial transactions targeting Moroccan and foreign companies based in the kingdom.