Convert Moroccan Dirham to Barbadian Dollar
Please provide values below to convert Moroccan Dirham [MAD] to Barbadian Dollar [BBD], or Convert Barbadian Dollar to Moroccan Dirham.
How to Convert Moroccan Dirham to Barbadian Dollar
1 MAD = 4.50415 BBD
Example: convert 15 MAD to BBD:
15 MAD = 15 × 4.50415 BBD = 67.56225 BBD
Moroccan Dirham to Barbadian Dollar Conversion Table
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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.
Barbadian Dollar
The Barbadian Dollar (BBD) is the official currency of Barbados, used for all monetary transactions within the country.
History/Origin
Introduced in 1973, replacing the Barbadian Pound, the Barbadian Dollar was initially pegged to the British Pound and later to the US Dollar, maintaining stability through various monetary policies.
Current Use
The BBD is widely used in Barbados for everyday transactions, banking, and trade, and is pegged to the US Dollar at a fixed rate of 2 BBD to 1 USD.