Convert Moroccan Dirham to Namibian Dollar
Please provide values below to convert Moroccan Dirham [MAD] to Namibian Dollar [NAD], or Convert Namibian Dollar to Moroccan Dirham.
How to Convert Moroccan Dirham to Namibian Dollar
1 MAD = 0.512805478547479 NAD
Example: convert 15 MAD to NAD:
15 MAD = 15 × 0.512805478547479 NAD = 7.69208217821219 NAD
Moroccan Dirham to Namibian Dollar Conversion Table
| Moroccan Dirham | Namibian Dollar |
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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.
Namibian Dollar
The Namibian Dollar (NAD) is the official currency of Namibia, used for all monetary transactions within the country.
History/Origin
Introduced in 1993, replacing the South African Rand at par, the Namibian Dollar was established to establish a distinct national currency following independence from South Africa.
Current Use
The NAD is widely used in Namibia for everyday transactions, banking, and trade, and is pegged at par with the South African Rand, which is also accepted in Namibia.