Convert Moroccan Dirham to South Korean Won
Please provide values below to convert Moroccan Dirham [MAD] to South Korean Won [KRW], or Convert South Korean Won to Moroccan Dirham.
How to Convert Moroccan Dirham to South Korean Won
1 MAD = 0.00651561380708639 KRW
Example: convert 15 MAD to KRW:
15 MAD = 15 × 0.00651561380708639 KRW = 0.0977342071062959 KRW
Moroccan Dirham to South Korean Won 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.
South Korean Won
The South Korean Won (KRW) is the official currency of South Korea, used for all monetary transactions within the country.
History/Origin
The Won was first introduced in 1945, replacing the Korean yen. It has undergone several redenominations and reforms, with the current form established in 1962 to stabilize the economy after periods of inflation.
Current Use
Today, the South Korean Won is widely used in South Korea for everyday transactions, banking, and international trade, and is managed by the Bank of Korea.