Convert Moroccan Dirham to Syrian Pound
Please provide values below to convert Moroccan Dirham [MAD] to Syrian Pound [SYP], or Convert Syrian Pound to Moroccan Dirham.
How to Convert Moroccan Dirham to Syrian Pound
1 MAD = 0.00069806750461476 SYP
Example: convert 15 MAD to SYP:
15 MAD = 15 × 0.00069806750461476 SYP = 0.0104710125692214 SYP
Moroccan Dirham to Syrian Pound 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.
Syrian Pound
The Syrian Pound (SYP) is the official currency of Syria, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Syrian Pound was introduced in 1947, replacing the Syrian lira, and has undergone various devaluations and reforms due to economic challenges and conflicts in Syria.
Current Use
Today, the Syrian Pound remains the official currency of Syria, though its value is heavily affected by ongoing economic instability and sanctions, with limited use in some regions and a significant presence of foreign currencies.