Convert Moroccan Dirham to Ethiopian Birr
Please provide values below to convert Moroccan Dirham [MAD] to Ethiopian Birr [ETB], or Convert Ethiopian Birr to Moroccan Dirham.
How to Convert Moroccan Dirham to Ethiopian Birr
1 MAD = 0.0659286050943667 ETB
Example: convert 15 MAD to ETB:
15 MAD = 15 × 0.0659286050943667 ETB = 0.9889290764155 ETB
Moroccan Dirham to Ethiopian Birr Conversion Table
| Moroccan Dirham | Ethiopian Birr |
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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.
Ethiopian Birr
The Ethiopian Birr (ETB) is the official currency of Ethiopia, used for all monetary transactions within the country.
History/Origin
The Birr was introduced in 1894, replacing the Maria Theresa thaler, and has undergone various reforms and decimalization over the years to modernize Ethiopia's currency system.
Current Use
Today, the Ethiopian Birr is actively used as Ethiopia's legal tender, with coins and banknotes circulating for everyday transactions and economic activities.