Convert South Korean Won to Moroccan Dirham
Please provide values below to convert South Korean Won [KRW] to Moroccan Dirham [MAD], or Convert Moroccan Dirham to South Korean Won.
How to Convert South Korean Won to Moroccan Dirham
1 KRW = 153.477481877824 MAD
Example: convert 15 KRW to MAD:
15 KRW = 15 × 153.477481877824 MAD = 2302.16222816736 MAD
South Korean Won to Moroccan Dirham Conversion Table
South Korean Won | Moroccan Dirham |
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South Korean Won
The South Korean Won (KRW) is the official currency of South Korea, used for all monetary transactions within the country.
History/Origin
The Won was first introduced in 1945, replacing the Korean yen. It has undergone several redenominations and reforms, with the current form established in 1962 to stabilize the economy after periods of inflation.
Current Use
Today, the South Korean Won is widely used in South Korea for everyday transactions, banking, and international trade, and is managed by the Bank of Korea.
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.