Convert Serbian Dinar to Moroccan Dirham
Please provide values below to convert Serbian Dinar [RSD] to Moroccan Dirham [MAD], or Convert Moroccan Dirham to Serbian Dinar.
How to Convert Serbian Dinar to Moroccan Dirham
1 RSD = 11.0971992495809 MAD
Example: convert 15 RSD to MAD:
15 RSD = 15 × 11.0971992495809 MAD = 166.457988743714 MAD
Serbian Dinar to Moroccan Dirham Conversion Table
Serbian Dinar | Moroccan Dirham |
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Serbian Dinar
The Serbian Dinar (RSD) is the official currency of Serbia, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Serbian Dinar has been the official currency of Serbia since 2006, following the monetary reform that replaced the Yugoslav Dinar. It has undergone several changes and revaluations throughout its history, reflecting economic shifts and reforms.
Current Use
The Serbian Dinar is actively used as Serbia's legal tender for all financial transactions, including cash payments, banking, and electronic transfers within the country.
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.