Convert Moroccan Dirham to Bahamian Dollar
Please provide values below to convert Moroccan Dirham [MAD] to Bahamian Dollar [BSD], or Convert Bahamian Dollar to Moroccan Dirham.
How to Convert Moroccan Dirham to Bahamian Dollar
1 MAD = 9.0083 BSD
Example: convert 15 MAD to BSD:
15 MAD = 15 × 9.0083 BSD = 135.1245 BSD
Moroccan Dirham to Bahamian Dollar Conversion Table
| Moroccan Dirham | Bahamian Dollar |
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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.
Bahamian Dollar
The Bahamian Dollar (BSD) is the official currency of The Bahamas, subdivided into 100 cents, used for all monetary transactions within the country.
History/Origin
Introduced in 1966, replacing the Bahamian pound, the Bahamian Dollar was initially pegged to the US dollar at par and has maintained a stable exchange rate since its inception.
Current Use
The Bahamian Dollar is widely used across The Bahamas for everyday transactions, banking, and trade, and is also accepted in some neighboring regions and for tourism-related activities.