Convert Moroccan Dirham to Romanian Leu
Please provide values below to convert Moroccan Dirham [MAD] to Romanian Leu [RON], or Convert Romanian Leu to Moroccan Dirham.
How to Convert Moroccan Dirham to Romanian Leu
1 MAD = 2.07871054088979 RON
Example: convert 15 MAD to RON:
15 MAD = 15 × 2.07871054088979 RON = 31.1806581133469 RON
Moroccan Dirham to Romanian Leu 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.
Romanian Leu
The Romanian Leu (RON) is the official currency of Romania, used for all monetary transactions within the country.
History/Origin
The Leu was first introduced in 1867, replaced by the Romanian Leu in 1952 after a currency reform, and has undergone several redenominations, with the current form established in 2005 to stabilize the economy.
Current Use
The RON is actively used as Romania's primary currency for everyday transactions, banking, and international trade, with coins and banknotes issued by the National Bank of Romania.