Convert Moroccan Dirham to Paraguayan Guarani
Please provide values below to convert Moroccan Dirham [MAD] to Paraguayan Guarani [PYG], or Convert Paraguayan Guarani to Moroccan Dirham.
How to Convert Moroccan Dirham to Paraguayan Guarani
1 MAD = 0.00116806898784034 PYG
Example: convert 15 MAD to PYG:
15 MAD = 15 × 0.00116806898784034 PYG = 0.0175210348176051 PYG
Moroccan Dirham to Paraguayan Guarani Conversion Table
| Moroccan Dirham | Paraguayan Guarani |
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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.
Paraguayan Guarani
The Paraguayan Guarani (PYG) is the official currency of Paraguay, used for all monetary transactions within the country.
History/Origin
The Guarani was introduced in 1943, replacing the peso at a rate of 1 Guarani = 1 peso, and has undergone various redenominations and reforms since then to stabilize the economy.
Current Use
Today, the Guarani remains the national currency of Paraguay, widely used in everyday commerce, banking, and financial transactions across the country.