Convert Moroccan Dirham to Hungarian Forint
Please provide values below to convert Moroccan Dirham [MAD] to Hungarian Forint [HUF], or Convert Hungarian Forint to Moroccan Dirham.
How to Convert Moroccan Dirham to Hungarian Forint
1 MAD = 0.0264792915496895 HUF
Example: convert 15 MAD to HUF:
15 MAD = 15 × 0.0264792915496895 HUF = 0.397189373245342 HUF
Moroccan Dirham to Hungarian Forint 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.
Hungarian Forint
The Hungarian Forint (HUF) is the official currency of Hungary, used for all monetary transactions within the country.
History/Origin
The Forint was introduced in 1946, replacing the pengő after hyperinflation. It has undergone several reforms and decimalization since its inception.
Current Use
The Forint remains Hungary's legal tender, with banknotes and coins in circulation. It is managed by the Hungarian National Bank and used for everyday transactions and financial activities.