Convert Kazakhstani Tenge to Moroccan Dirham
Please provide values below to convert Kazakhstani Tenge [KZT] to Moroccan Dirham [MAD], or Convert Moroccan Dirham to Kazakhstani Tenge.
How to Convert Kazakhstani Tenge to Moroccan Dirham
1 KZT = 59.3572816180633 MAD
Example: convert 15 KZT to MAD:
15 KZT = 15 × 59.3572816180633 MAD = 890.35922427095 MAD
Kazakhstani Tenge to Moroccan Dirham Conversion Table
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Kazakhstani Tenge
The Kazakhstani Tenge (KZT) is the official currency of Kazakhstan, used for all monetary transactions within the country.
History/Origin
Introduced in 1993 following Kazakhstan's independence from the Soviet Union, the Tenge replaced the Soviet ruble and has undergone various redenominations and reforms to stabilize the economy.
Current Use
The Tenge is actively used in Kazakhstan for everyday transactions, banking, and trade, and is managed by the National Bank of Kazakhstan. It features modern security features and is available in both cash and digital forms.
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.