Convert Moroccan Dirham to Hong Kong Dollar
Please provide values below to convert Moroccan Dirham [MAD] to Hong Kong Dollar [HKD], or Convert Hong Kong Dollar to Moroccan Dirham.
How to Convert Moroccan Dirham to Hong Kong Dollar
1 MAD = 1.14758337792046 HKD
Example: convert 15 MAD to HKD:
15 MAD = 15 × 1.14758337792046 HKD = 17.2137506688068 HKD
Moroccan Dirham to Hong Kong Dollar Conversion Table
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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.
Hong Kong Dollar
The Hong Kong Dollar (HKD) is the official currency of Hong Kong, issued by the Hong Kong Monetary Authority, and used for daily transactions and financial activities in Hong Kong.
History/Origin
The Hong Kong Dollar was introduced in 1935, replacing the Hong Kong British Pound, and has since evolved through various monetary arrangements, including pegging to the US Dollar since 1983 to stabilize the currency.
Current Use
Today, the HKD is widely used in Hong Kong for all forms of commerce, banking, and international trade, and is one of the most traded currencies in the world.