Convert Moroccan Dirham to Chilean Peso
Please provide values below to convert Moroccan Dirham [MAD] to Chilean Peso [CLP], or Convert Chilean Peso to Moroccan Dirham.
How to Convert Moroccan Dirham to Chilean Peso
1 MAD = 0.0094387988983545 CLP
Example: convert 15 MAD to CLP:
15 MAD = 15 × 0.0094387988983545 CLP = 0.141581983475318 CLP
Moroccan Dirham to Chilean Peso 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.
Chilean Peso
The Chilean Peso (CLP) is the official currency of Chile, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Chilean Peso was introduced in 1975, replacing the Chilean Escudo, as part of monetary reforms to stabilize the economy and modernize the currency system.
Current Use
Today, the Chilean Peso remains the official currency of Chile, widely used in all financial transactions, banking, and commerce across the country.