Convert Moroccan Dirham to Brunei Dollar
Please provide values below to convert Moroccan Dirham [MAD] to Brunei Dollar [BND], or Convert Brunei Dollar to Moroccan Dirham.
How to Convert Moroccan Dirham to Brunei Dollar
1 MAD = 7.03993435448578 BND
Example: convert 15 MAD to BND:
15 MAD = 15 × 7.03993435448578 BND = 105.599015317287 BND
Moroccan Dirham to Brunei 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.
Brunei Dollar
The Brunei Dollar (BND) is the official currency of Brunei, used for all monetary transactions within the country.
History/Origin
Introduced in 1967, the Brunei Dollar replaced the Malayan dollar and has been pegged to the Singapore Dollar since 1967, maintaining a fixed exchange rate.
Current Use
The Brunei Dollar is widely used in Brunei for everyday transactions, banking, and trade, and is also accepted in some neighboring regions due to its peg to the Singapore Dollar.