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200 Dirhams

Issuer Bank Al-Maghrib
Year 2002
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Value 200 Dirhams
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Reverse description A traditional Moroccan chebeck sailing vessel occupies the central field, set against an elaborate guilloche underprint in blue and turquoise. In the left foreground, a large conch shell and a coral branch are rendered in intaglio, while the denomination numeral '200' appears in bold at lower right and upper left in letterpress.
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Protection type Watermark, Security thread
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Comments

The 200 Dirham denomination was introduced as part of Morocco's 2002 series, which marked a deliberate shift in the kingdom's approach to banknote security standards — modest by European central bank benchmarks of the time, but a meaningful upgrade over the preceding series. Bank Al-Maghrib had been under quiet pressure to modernize its currency infrastructure following a period of sustained counterfeiting activity in the late 1990s that had particularly targeted higher-value notes.

Pick 71 is occasionally found with ink offset on the reverse, a known production irregularity traceable to the printing schedule for this denomination.

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