Convert Moroccan Dirham to Russian Ruble
Please provide values below to convert Moroccan Dirham [MAD] to Russian Ruble [RUB], or Convert Russian Ruble to Moroccan Dirham.
How to Convert Moroccan Dirham to Russian Ruble
1 MAD = 0.11488654566231 RUB
Example: convert 15 MAD to RUB:
15 MAD = 15 × 0.11488654566231 RUB = 1.72329818493465 RUB
Moroccan Dirham to Russian Ruble 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.
Russian Ruble
The Russian Ruble (RUB) is the official currency of Russia, used for everyday transactions and financial exchanges within the country.
History/Origin
The Ruble has been the currency of Russia for centuries, with origins dating back to the 13th century. It has undergone various reforms and redenominations, most notably after the Soviet Union's dissolution in 1991, establishing the modern RUB as the national currency.
Current Use
Today, the Russian Ruble is widely used throughout Russia for all forms of payment, including cash, electronic transfers, and banking transactions. It is also traded on international currency markets.