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| Macau | 1982-85 |
| Macedonia 323-168 BCE (as a Hellenistic Kingdom) |
| Macedonia | 1993-94 | 1995- |
| Madagascar | 1996- |
| Malawi | 1995- |
| Malaysia | 1967-88 |
| Maldives | 1984- |
| Mali | 1961- |
| Malta | 1972-81 |
| Marcus Ambibulus 9-12 CE (roman procurator of ancient judaea) |
| Martinique | (uses French coins- see France ) |
| Mauritania | 1974- |
| Mauritius | 1877-1901 | 1902-36 | 1937-52 | 1953-87 | 1987- |
| Maurya Empire c. 340 - 181 BCE (ancient indian empire) |
| Media Atropatene (Hellenistic Kingdom) |
| Mermnad Dynasty c. 700 - 546 BCE (ancient lydian dynasty) |
| Mexico | 1992- |
| Moldova | 1993- |
| Monaco | 1943-49 |
| Mongolia | 1959-81 | 1970-93 |
| Morocco | 1987- |
| Mozambique | 1994- |
| Martinique | (uses French coins- see France ) |
| Mattathias Antigonus (ancient judaean king) |
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