Convert Moroccan Dirham to Liberian Dollar
Please provide values below to convert Moroccan Dirham [MAD] to Liberian Dollar [LRD], or Convert Liberian Dollar to Moroccan Dirham.
How to Convert Moroccan Dirham to Liberian Dollar
1 MAD = 0.0449328075385642 LRD
Example: convert 15 MAD to LRD:
15 MAD = 15 × 0.0449328075385642 LRD = 0.673992113078463 LRD
Moroccan Dirham to Liberian Dollar Conversion Table
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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.
Liberian Dollar
The Liberian Dollar (LRD) is the official currency of Liberia, used for all monetary transactions within the country.
History/Origin
The Liberian Dollar was introduced in 1943, replacing the Liberian Pound, and has undergone various reforms to stabilize the economy and manage inflation.
Current Use
Today, the Liberian Dollar is widely used in Liberia for everyday transactions, with coins and banknotes issued by the Central Bank of Liberia.