Convert Dominican Peso to Moroccan Dirham
Please provide values below to convert Dominican Peso [DOP] to Moroccan Dirham [MAD], or Convert Moroccan Dirham to Dominican Peso.
How to Convert Dominican Peso to Moroccan Dirham
1 DOP = 6.69948824972525 MAD
Example: convert 15 DOP to MAD:
15 DOP = 15 × 6.69948824972525 MAD = 100.492323745879 MAD
Dominican Peso to Moroccan Dirham Conversion Table
| Dominican Peso | Moroccan Dirham |
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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.
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.