Convert Moroccan Dirham to Rwandan Franc
Please provide values below to convert Moroccan Dirham [MAD] to Rwandan Franc [RWF], or Convert Rwandan Franc to Moroccan Dirham.
How to Convert Moroccan Dirham to Rwandan Franc
1 MAD = 0.00622390183365463 RWF
Example: convert 15 MAD to RWF:
15 MAD = 15 × 0.00622390183365463 RWF = 0.0933585275048194 RWF
Moroccan Dirham to Rwandan Franc Conversion Table
| Moroccan Dirham | Rwandan Franc |
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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.
Rwandan Franc
The Rwandan Franc (RWF) is the official currency of Rwanda, used for all monetary transactions within the country.
History/Origin
The Rwandan Franc was introduced in 1964, replacing the Rwandan Congolese franc, and has undergone various redenominations and updates since then to stabilize the economy and facilitate trade.
Current Use
Today, the Rwandan Franc is widely used in Rwanda for everyday transactions, banking, and trade, with coins and banknotes issued by the National Bank of Rwanda.