Falus

A 4 falus coin (1873). Diameter 28mm. Minted at Fes by Mohammed IV (1802-1873) Sultan of Morocco.

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The falus was a bronze/copper currency of Morocco.

Minted between 1672–1901, denominations of ¼, ½, 1, 2, 3, 4, 6, and 8 falus are recorded in the Standard Catalogue.

Identification

They are typically denominated by size rather than by inscription, and can be difficult to identify precisely.

Depreciation

From 1862, the falus was allowed to float, while the exchange rate for the silver dirham was fixed: This resulted in currency speculation and depreciation, with effectively two parallel currencies.