Convert Moroccan Dirham to Solomon Islands Dollar
Please provide values below to convert Moroccan Dirham [MAD] to Solomon Islands Dollar [SBD], or Convert Solomon Islands Dollar to Moroccan Dirham.
How to Convert Moroccan Dirham to Solomon Islands Dollar
1 MAD = 1.0931739578909 SBD
Example: convert 15 MAD to SBD:
15 MAD = 15 × 1.0931739578909 SBD = 16.3976093683636 SBD
Moroccan Dirham to Solomon Islands Dollar Conversion Table
| Moroccan Dirham | Solomon Islands Dollar |
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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.
Solomon Islands Dollar
The Solomon Islands Dollar (SBD) is the official currency of the Solomon Islands, used for all monetary transactions within the country.
History/Origin
The Solomon Islands Dollar was introduced in 1977, replacing the Australian dollar at par, to establish a distinct national currency following independence from British rule.
Current Use
The SBD is widely used in the Solomon Islands for everyday transactions, banking, and trade, and is pegged to a basket of currencies to maintain stability.