Convert Moroccan Dirham to Iraqi Dinar
Please provide values below to convert Moroccan Dirham [MAD] to Iraqi Dinar [IQD], or Convert Iraqi Dinar to Moroccan Dirham.
How to Convert Moroccan Dirham to Iraqi Dinar
1 MAD = 0.00687838897124321 IQD
Example: convert 15 MAD to IQD:
15 MAD = 15 × 0.00687838897124321 IQD = 0.103175834568648 IQD
Moroccan Dirham to Iraqi Dinar Conversion Table
| Moroccan Dirham | Iraqi Dinar |
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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.
Iraqi Dinar
The Iraqi Dinar (IQD) is the official currency of Iraq, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Iraqi Dinar was introduced in 1932, replacing the Indian Rupee, and has undergone various redenominations and reforms, especially following periods of economic instability and conflict.
Current Use
Today, the IQD is the official currency of Iraq, used in all financial transactions, with the Central Bank of Iraq managing its issuance and regulation.