Convert Moroccan Dirham to Dominican Peso
Please provide values below to convert Moroccan Dirham [MAD] to Dominican Peso [DOP], or Convert Dominican Peso to Moroccan Dirham.
How to Convert Moroccan Dirham to Dominican Peso
1 MAD = 0.149265132309324 DOP
Example: convert 15 MAD to DOP:
15 MAD = 15 × 0.149265132309324 DOP = 2.23897698463986 DOP
Moroccan Dirham to Dominican Peso 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.
Dominican Peso
The Dominican Peso (DOP) is the official currency of the Dominican Republic, used for everyday transactions and financial exchanges within the country.
History/Origin
The Dominican Peso was introduced in 1947, replacing the Dominican Republic peso at a rate of 1 peso to 1 peso. It has undergone various reforms and decimalization over the years to stabilize the economy and modernize the currency system.
Current Use
Today, the Dominican Peso remains the official currency of the Dominican Republic, widely used in all sectors of the economy, with banknotes and coins circulating throughout the country and in international transactions involving the Dominican Republic.