Convert Moroccan Dirham to Azerbaijani Manat
Please provide values below to convert Moroccan Dirham [MAD] to Azerbaijani Manat [AZN], or Convert Azerbaijani Manat to Moroccan Dirham.
How to Convert Moroccan Dirham to Azerbaijani Manat
1 MAD = 5.29744192884446 AZN
Example: convert 15 MAD to AZN:
15 MAD = 15 × 5.29744192884446 AZN = 79.4616289326669 AZN
Moroccan Dirham to Azerbaijani Manat Conversion Table
| Moroccan Dirham | Azerbaijani Manat |
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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.
Azerbaijani Manat
The Azerbaijani Manat (AZN) is the official currency of Azerbaijan, used for all monetary transactions within the country.
History/Origin
The Azerbaijani Manat was introduced in 1992, replacing the Soviet ruble, and has undergone several redenominations, with the current version introduced in 2006 to stabilize the economy and control inflation.
Current Use
Today, the AZN is widely used in Azerbaijan for everyday transactions, banking, and trade, and is considered a stable currency within the region.