Convert Moroccan Dirham to Uruguayan Peso
Please provide values below to convert Moroccan Dirham [MAD] to Uruguayan Peso [UYU], or Convert Uruguayan Peso to Moroccan Dirham.
How to Convert Moroccan Dirham to Uruguayan Peso
1 MAD = 0.22353157203864 UYU
Example: convert 15 MAD to UYU:
15 MAD = 15 × 0.22353157203864 UYU = 3.3529735805796 UYU
Moroccan Dirham to Uruguayan Peso Conversion Table
| Moroccan Dirham | Uruguayan Peso |
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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.
Uruguayan Peso
The Uruguayan Peso (UYU) is the official currency of Uruguay, used for all monetary transactions within the country.
History/Origin
Introduced in 1993 to replace the Uruguayan Peso Moneda Nacional, the UYU has undergone various redenominations and monetary reforms to stabilize the economy and control inflation.
Current Use
The UYU is widely used in Uruguay for everyday transactions, banking, and trade, and is also accepted in some border regions of neighboring countries.