Convert Egyptian Pound to Moroccan Dirham
Please provide values below to convert Egyptian Pound [EGP] to Moroccan Dirham [MAD], or Convert Moroccan Dirham to Egyptian Pound.
How to Convert Egyptian Pound to Moroccan Dirham
1 EGP = 5.44759832598826 MAD
Example: convert 15 EGP to MAD:
15 EGP = 15 × 5.44759832598826 MAD = 81.7139748898238 MAD
Egyptian Pound to Moroccan Dirham Conversion Table
| Egyptian Pound | Moroccan Dirham |
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Egyptian Pound
The Egyptian Pound (EGP) is the official currency of Egypt, used for all monetary transactions within the country.
History/Origin
The Egyptian Pound was introduced in 1898, replacing the Egyptian piastre, and has undergone various reforms and decimalization over the years to modernize the currency system.
Current Use
Today, the Egyptian Pound is the primary currency in Egypt, issued and regulated by the Central Bank of Egypt, and is used in everyday transactions, banking, and trade.
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.