Convert Moroccan Dirham to Bolivian Boliviano
Please provide values below to convert Moroccan Dirham [MAD] to Bolivian Boliviano [BOB], or Convert Bolivian Boliviano to Moroccan Dirham.
How to Convert Moroccan Dirham to Bolivian Boliviano
1 MAD = 1.30358589951378 BOB
Example: convert 15 MAD to BOB:
15 MAD = 15 × 1.30358589951378 BOB = 19.5537884927066 BOB
Moroccan Dirham to Bolivian Boliviano Conversion Table
| Moroccan Dirham | Bolivian Boliviano |
|---|
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.
Bolivian Boliviano
The Bolivian Boliviano (BOB) is the official currency of Bolivia, used for all monetary transactions within the country.
History/Origin
Introduced in 1987 to replace the Bolivian peso, the Boliviano has undergone various redenominations and reforms to stabilize Bolivia's economy and control inflation.
Current Use
The Boliviano remains the primary currency in Bolivia, widely used in everyday transactions, banking, and commerce across the country.