Convert Aruban Florin to Moroccan Dirham
Please provide values below to convert Aruban Florin [AWG] to Moroccan Dirham [MAD], or Convert Moroccan Dirham to Aruban Florin.
How to Convert Aruban Florin to Moroccan Dirham
1 AWG = 0.198705638133721 MAD
Example: convert 15 AWG to MAD:
15 AWG = 15 × 0.198705638133721 MAD = 2.98058457200582 MAD
Aruban Florin to Moroccan Dirham Conversion Table
Aruban Florin | Moroccan Dirham |
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Aruban Florin
The Aruban Florin (AWG) is the official currency of Aruba, used as a medium of exchange within the country.
History/Origin
The Aruban Florin was introduced in 1986, replacing the Netherlands Antillean Guilder at par, to establish a distinct national currency for Aruba.
Current Use
The AWG is widely used in Aruba for all daily transactions, banking, and trade, and is pegged to the US dollar at a fixed rate.
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.