Convert Hong Kong Dollar to Moroccan Dirham
Please provide values below to convert Hong Kong Dollar [HKD] to Moroccan Dirham [MAD], or Convert Moroccan Dirham to Hong Kong Dollar.
How to Convert Hong Kong Dollar to Moroccan Dirham
1 HKD = 0.871396378895019 MAD
Example: convert 15 HKD to MAD:
15 HKD = 15 × 0.871396378895019 MAD = 13.0709456834253 MAD
Hong Kong Dollar to Moroccan Dirham Conversion Table
| Hong Kong Dollar | Moroccan Dirham |
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Hong Kong Dollar
The Hong Kong Dollar (HKD) is the official currency of Hong Kong, issued by the Hong Kong Monetary Authority, and used for daily transactions and financial activities in Hong Kong.
History/Origin
The Hong Kong Dollar was introduced in 1935, replacing the Hong Kong British Pound, and has since evolved through various monetary arrangements, including pegging to the US Dollar since 1983 to stabilize the currency.
Current Use
Today, the HKD is widely used in Hong Kong for all forms of commerce, banking, and international trade, and is one of the most traded currencies in the world.
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.