Convert Moroccan Dirham to Colombian Peso
Please provide values below to convert Moroccan Dirham [MAD] to Colombian Peso [COP], or Convert Colombian Peso to Moroccan Dirham.
How to Convert Moroccan Dirham to Colombian Peso
1 MAD = 0.00223452016269781 COP
Example: convert 15 MAD to COP:
15 MAD = 15 × 0.00223452016269781 COP = 0.0335178024404672 COP
Moroccan Dirham to Colombian Peso Conversion Table
Moroccan Dirham | Colombian Peso |
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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.
Colombian Peso
The Colombian Peso (COP) is the official currency of Colombia, used for all monetary transactions within the country.
History/Origin
The Colombian Peso was introduced in 1810, replacing the real, and has undergone various reforms and redenominations over the years to stabilize the economy and modernize the currency system.
Current Use
Today, the COP is widely used in Colombia for everyday transactions, banking, and international trade, with coins and banknotes issued by the Banco de la República.