Convert Moroccan Dirham to Kyrgystani Som
Please provide values below to convert Moroccan Dirham [MAD] to Kyrgystani Som [KGS], or Convert Kyrgystani Som to Moroccan Dirham.
How to Convert Moroccan Dirham to Kyrgystani Som
1 MAD = 0.103191167643407 KGS
Example: convert 15 MAD to KGS:
15 MAD = 15 × 0.103191167643407 KGS = 1.5478675146511 KGS
Moroccan Dirham to Kyrgystani Som 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.
Kyrgystani Som
The Kyrgystani Som (KGS) is the official currency of Kyrgyzstan, used for all monetary transactions within the country.
History/Origin
The Som was introduced in 1993, replacing the Soviet ruble, as part of Kyrgyzstan's independence and economic transition to establish a national currency.
Current Use
The Kyrgystani Som is actively used in everyday transactions, banking, and financial markets within Kyrgyzstan, with ongoing efforts to stabilize and modernize its economy.