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50 Dirhams - al-Hassan II

Issuer Bank Al-Maghrib
Year 1987
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Composition Paper
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Obverse description Green and multicolor intaglio print on a light guilloche underprint. A three-quarter portrait of King Hassan II occupies the right-center, dressed in a dark suit, with a vignette of a traditional Moroccan fortified palace (kasbah) rendered in fine engraving at the upper left. The Arabic inscription of Bank Al-Maghrib appears across the upper field, with the denomination خمسون درهماً (fifty dirhams) in large stylized script along the lower portion. A geometric mosaic panel in red, yellow, and blue appears at the right margin.
Obverse lettering بنك المغرب
خمسون درهماً
50
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Comments

Morocco's 1987 50 Dirham issue came during a period of significant fiscal pressure — the country was deep into IMF structural adjustment negotiations following the debt crisis of the early 1980s, and Al-Maghrib was managing note production carefully. The print run of just over 12 million is relatively modest for a mid-denomination circulating note of this period, suggesting either targeted regional distribution or a supplementary issue alongside existing stock.

Two signature combinations exist for P#61, with the Es Sakat pairing less frequently encountered than the Ben Nani variant.