Convert Falkland Islands Pound to Moroccan Dirham
Please provide values below to convert Falkland Islands Pound [FKP] to Moroccan Dirham [MAD], or Convert Moroccan Dirham to Falkland Islands Pound.
How to Convert Falkland Islands Pound to Moroccan Dirham
1 FKP = 0.082179767547706 MAD
Example: convert 15 FKP to MAD:
15 FKP = 15 × 0.082179767547706 MAD = 1.23269651321559 MAD
Falkland Islands Pound to Moroccan Dirham Conversion Table
| Falkland Islands Pound | Moroccan Dirham |
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Falkland Islands Pound
The Falkland Islands Pound (FKP) is the official currency of the Falkland Islands, pegged at par to the British Pound Sterling.
History/Origin
Introduced in 1899, the Falkland Islands Pound has been used as the local currency, maintaining a fixed exchange rate with the British Pound, and has evolved alongside economic developments in the islands.
Current Use
The Falkland Islands Pound is actively used for all local transactions, issued by the Falkland Islands Monetary Authority, and is accepted alongside the British Pound within the islands.
Moroccan Dirham
The Moroccan Dirham (MAD) is the official currency of Morocco, used for everyday transactions and issued by the Bank of Morocco.
History/Origin
The Dirham was introduced in 1960, replacing the Moroccan franc, and has undergone various reforms to modernize and stabilize the currency, including decimalization and currency reforms in the 21st century.
Current Use
The MAD is widely used across Morocco for all forms of payment, including cash, electronic transactions, and banking, and is also accepted in some neighboring regions for specific transactions.