Convert Moroccan Dirham to Thai Baht
Please provide values below to convert Moroccan Dirham [MAD] to Thai Baht [THB], or Convert Thai Baht to Moroccan Dirham.
How to Convert Moroccan Dirham to Thai Baht
1 MAD = 0.27965144074058 THB
Example: convert 15 MAD to THB:
15 MAD = 15 × 0.27965144074058 THB = 4.1947716111087 THB
Moroccan Dirham to Thai Baht 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.
Thai Baht
The Thai Baht (THB) is the official currency of Thailand, used for all monetary transactions within the country.
History/Origin
The Thai Baht has been the official currency of Thailand since the late 19th century, evolving from the traditional tical and undergoing various reforms, including decimalization in 1897 and a series of currency reforms to stabilize its value.
Current Use
The Thai Baht is widely used in Thailand for everyday transactions, banking, and international trade. It is also traded on the foreign exchange market and is considered a stable currency in Southeast Asia.