Convert Canadian Dollar to Moroccan Dirham
Please provide values below to convert Canadian Dollar [CAD] to Moroccan Dirham [MAD], or Convert Moroccan Dirham to Canadian Dollar.
How to Convert Canadian Dollar to Moroccan Dirham
1 CAD = 0.151249403328042 MAD
Example: convert 15 CAD to MAD:
15 CAD = 15 × 0.151249403328042 MAD = 2.26874104992063 MAD
Canadian Dollar to Moroccan Dirham Conversion Table
| Canadian Dollar | Moroccan Dirham |
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Canadian Dollar
The Canadian Dollar (CAD) is the official currency of Canada, used as the country's primary medium of exchange and store of value.
History/Origin
The Canadian Dollar was introduced in 1858, replacing the Canadian pound, and has since evolved into a stable currency, with its value influenced by Canada's economic policies and global markets.
Current Use
Today, the CAD is widely used in Canada for everyday transactions, international trade, and as a reserve currency, with its value fluctuating based on economic conditions and currency markets.
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.