Convert Romanian Leu to Moroccan Dirham
Please provide values below to convert Romanian Leu [RON] to Moroccan Dirham [MAD], or Convert Moroccan Dirham to Romanian Leu.
How to Convert Romanian Leu to Moroccan Dirham
1 RON = 0.481067460009103 MAD
Example: convert 15 RON to MAD:
15 RON = 15 × 0.481067460009103 MAD = 7.21601190013654 MAD
Romanian Leu to Moroccan Dirham Conversion Table
| Romanian Leu | Moroccan Dirham |
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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.
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.