Convert Moroccan Dirham to Czech Republic Koruna
Please provide values below to convert Moroccan Dirham [MAD] to Czech Republic Koruna [CZK], or Convert Czech Republic Koruna to Moroccan Dirham.
How to Convert Moroccan Dirham to Czech Republic Koruna
1 MAD = 0.42902795637472 CZK
Example: convert 15 MAD to CZK:
15 MAD = 15 × 0.42902795637472 CZK = 6.4354193456208 CZK
Moroccan Dirham to Czech Republic Koruna Conversion Table
Moroccan Dirham | Czech Republic Koruna |
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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.
Czech Republic Koruna
The Czech Republic Koruna (CZK) is the official currency of the Czech Republic, used for all monetary transactions within the country.
History/Origin
The Koruna was introduced in 1993 following the dissolution of Czechoslovakia, replacing the Czechoslovak koruna at par. It has undergone various reforms and decimalization over the years.
Current Use
The CZK is widely used in everyday transactions, banking, and international trade within the Czech Republic. It is also accepted in some neighboring regions and is actively traded on the foreign exchange market.