Convert Uruguayan Peso to Moroccan Dirham
Please provide values below to convert Uruguayan Peso [UYU] to Moroccan Dirham [MAD], or Convert Moroccan Dirham to Uruguayan Peso.
How to Convert Uruguayan Peso to Moroccan Dirham
1 UYU = 4.47364097554478 MAD
Example: convert 15 UYU to MAD:
15 UYU = 15 × 4.47364097554478 MAD = 67.1046146331716 MAD
Uruguayan Peso to Moroccan Dirham Conversion Table
Uruguayan Peso | Moroccan Dirham |
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Uruguayan Peso
The Uruguayan Peso (UYU) is the official currency of Uruguay, used for all monetary transactions within the country.
History/Origin
Introduced in 1993 to replace the Uruguayan Peso Moneda Nacional, the UYU has undergone various redenominations and monetary reforms to stabilize the economy and control inflation.
Current Use
The UYU is widely used in Uruguay for everyday transactions, banking, and trade, and is also accepted in some border regions of neighboring countries.
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.