50 Dirhams - al-Hassan II

Morocco's central bank was formally established in 1959, replacing the Banque d'État du Maroc which had operated under joint French and Spanish control since 1906. This 50 Dirham note, printed by Thomas De La Rue across a fifteen-year span, carries two distinct signature combinations — a long print run that tracked personnel changes at the Banque du Maroc through a period of significant institutional consolidation. The pairing of Mohamed El Mdaghri with Prince Moulay Hassan Ben Medhdi El Alaovi reflects the early issues; later pairs shifted to civilian banking officials.

The extended issue period means date and signature variant identification is essential for accurate cataloguing of Pick 58.