dirham

noun dir·ham \ ˈdir-həm \

|Updated on: 27 May 2018

Definition of dirham

1 : the basic monetary unit of Morocco and United Arab Emirates — see Money Table

2 : a monetary subunit of the dinar (Libya) and riyal (Qatar) — see dinar, riyal at Money Table

Recent Examples of dirham from the Web

Sberbank fell as much as 0.6 percent in Moscow to 265.5 rubles, while Emirates NBD declined 1.2 percent to 8.8 dirhams in Dubai, the most in two weeks.

— ercan ersoy, Bloomberg.com, "Dubai's Biggest Bank Plans March Bid for Sberbank Unit," 19 Feb. 2018
The dirham will move more within its trading range in the coming weeks as banks adapt to the new system and as the economy strengthens, Jouahri said.

— Bloomberg.com, "Morocco Says Currency Float Up to 15 Years Away as Reforms Vital," 29 Jan. 2018
The oldest of the coins is a Damascus dirham, a currency used on the Middle East, dated to 714.

— jason daley, Smithsonian, "This 13 Year Old Helped Find Viking Treasure In Germany," 18 Apr. 2018
In January, Morocco widened the band in which the dirham can fluctuate to 2.5 percent up and down from 0.6 percent earlier.

— ahmed feteha, Bloomberg.com, "IMF Says Morocco Can Take Its Time With Currency Reforms," 15 Mar. 2018
However, flydubai’s profits are still less than half the 100.7 million dirham-mark ($27.4 million) recorded in 2015.

— Washington Post, "Budget carrier flydubai sees profits and revenue increase," 21 Feb. 2018
The first stage, originally planned for mid-2017, was delayed after fears of a weaker dirham prompted a rush for foreign currency.

— Bloomberg.com, "Morocco Says Currency Float Up to 15 Years Away as Reforms Vital," 29 Jan. 2018
Real estate transactions are done in Moroccan dirhams, though properties are sometimes listed in euros, Ms. Belouchi said.

— roxana popescu, New York Times, "House Hunting in … Morocco," 4 Jan. 2018
The carrier has also suffered from the strengthening of the U.S. dollar, which has reduced the value of receipts booked in a host of weaker currencies because of the dirham’s peg to the greenback.

— deena kamel, Bloomberg.com, "Emirates Profit Down 70% on Oil-Hit Economies, Terror Impact," 11 May 2017

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'dirham.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.