Convert Bitcoin to Moroccan Dirham
Please provide values below to convert Bitcoin [BTC] to Moroccan Dirham [MAD], or Convert Moroccan Dirham to Bitcoin.
How to Convert Bitcoin to Moroccan Dirham
1 BTC = 9.38013726296425e-07 MAD
Example: convert 15 BTC to MAD:
15 BTC = 15 × 9.38013726296425e-07 MAD = 1.40702058944464e-05 MAD
Bitcoin to Moroccan Dirham Conversion Table
| Bitcoin | Moroccan Dirham |
|---|
Bitcoin
Bitcoin (BTC) is a decentralized digital currency that enables peer-to-peer transactions without the need for a central authority or intermediary.
History/Origin
Bitcoin was created in 2009 by an anonymous person or group known as Satoshi Nakamoto, introducing blockchain technology to ensure secure and transparent transactions. It was the first cryptocurrency and sparked the development of numerous other digital currencies.
Current Use
Bitcoin is widely used for online purchases, investment, remittances, and as a store of value. It is also accepted by some merchants and businesses worldwide and is increasingly integrated into financial markets and services.
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.