Convert Iraqi Dinar to Moroccan Dirham
Please provide values below to convert Iraqi Dinar [IQD] to Moroccan Dirham [MAD], or Convert Moroccan Dirham to Iraqi Dinar.
How to Convert Iraqi Dinar to Moroccan Dirham
1 IQD = 145.382880232674 MAD
Example: convert 15 IQD to MAD:
15 IQD = 15 × 145.382880232674 MAD = 2180.74320349011 MAD
Iraqi Dinar to Moroccan Dirham Conversion Table
| Iraqi Dinar | Moroccan Dirham |
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Iraqi Dinar
The Iraqi Dinar (IQD) is the official currency of Iraq, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Iraqi Dinar was introduced in 1932, replacing the Indian Rupee, and has undergone various redenominations and reforms, especially following periods of economic instability and conflict.
Current Use
Today, the IQD is the official currency of Iraq, used in all financial transactions, with the Central Bank of Iraq managing its issuance and regulation.
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.