Convert Moroccan Dirham to Lebanese Pound
Please provide values below to convert Moroccan Dirham [MAD] to Lebanese Pound [LBP], or Convert Lebanese Pound to Moroccan Dirham.
How to Convert Moroccan Dirham to Lebanese Pound
1 MAD = 0.000100651396648045 LBP
Example: convert 15 MAD to LBP:
15 MAD = 15 × 0.000100651396648045 LBP = 0.00150977094972067 LBP
Moroccan Dirham to Lebanese Pound 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.
Lebanese Pound
The Lebanese Pound (LBP) is the official currency of Lebanon, used for everyday transactions and financial exchanges within the country.
History/Origin
The Lebanese Pound was introduced in 1939, replacing the Lebanese lira, and has undergone various devaluations and reforms due to economic challenges and political instability over the decades.
Current Use
Today, the Lebanese Pound remains the official currency of Lebanon, but due to economic crises, the country also extensively uses the US dollar for transactions and savings.