Convert Moroccan Dirham to Icelandic Króna
Please provide values below to convert Moroccan Dirham [MAD] to Icelandic Króna [ISK], or Convert Icelandic Króna to Moroccan Dirham.
How to Convert Moroccan Dirham to Icelandic Króna
1 MAD = 0.0740135484321531 ISK
Example: convert 15 MAD to ISK:
15 MAD = 15 × 0.0740135484321531 ISK = 1.1102032264823 ISK
Moroccan Dirham to Icelandic Króna Conversion Table
| Moroccan Dirham | Icelandic Króna |
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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.
Icelandic Króna
The Icelandic Króna (ISK) is the official currency of Iceland, used as the country's primary medium of exchange.
History/Origin
The Króna was introduced in 1981, replacing the Icelandic Krona at par, and has undergone various redenominations and reforms since its inception.
Current Use
The ISK is actively used in Iceland for all financial transactions, including cash, banking, and electronic payments, and is managed by the Central Bank of Iceland.