Convert Moroccan Dirham to Singapore Dollar
Please provide values below to convert Moroccan Dirham [MAD] to Singapore Dollar [SGD], or Convert Singapore Dollar to Moroccan Dirham.
How to Convert Moroccan Dirham to Singapore Dollar
1 MAD = 7.03938423067907 SGD
Example: convert 15 MAD to SGD:
15 MAD = 15 × 7.03938423067907 SGD = 105.590763460186 SGD
Moroccan Dirham to Singapore Dollar 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.
Singapore Dollar
The Singapore Dollar (SGD) is the official currency of Singapore, used for all monetary transactions within the country.
History/Origin
The Singapore Dollar was introduced in 1967, replacing the Malayan dollar, and has since evolved into a stable currency managed by the Monetary Authority of Singapore.
Current Use
Today, the SGD is widely used in Singapore for everyday transactions, banking, and international trade, and is considered a major Asian currency.