Convert Moroccan Dirham to Qatari Rial
Please provide values below to convert Moroccan Dirham [MAD] to Qatari Rial [QAR], or Convert Qatari Rial to Moroccan Dirham.
How to Convert Moroccan Dirham to Qatari Rial
1 MAD = 2.47480769230769 QAR
Example: convert 15 MAD to QAR:
15 MAD = 15 × 2.47480769230769 QAR = 37.1221153846154 QAR
Moroccan Dirham to Qatari Rial Conversion Table
| Moroccan Dirham | Qatari Rial |
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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.
Qatari Rial
The Qatari Rial (QAR) is the official currency of Qatar, used for all monetary transactions within the country.
History/Origin
The Qatari Rial was introduced in the 1960s, replacing the Indian Rupee, and has undergone various redenominations and stability measures to establish its value.
Current Use
The Qatari Rial is widely used in Qatar for everyday transactions, banking, and international trade, and is pegged to a basket of currencies with a fixed exchange rate to the US dollar.