5 Francs - Mohammed V

Morocco's silver franc coinage of this period emerged from a monetary arrangement imposed under the French Protectorate, with the Banque d'État du Maroc — a nominally international institution but effectively French-controlled — managing issuance. Mohammed V, then still ruling as Sultan under that protectorate framework, would later become the central figure in Morocco's independence movement, making these coins an uncomfortable artifact of a reign that began in colonial subordination and ended in sovereign restoration.