Convert Moroccan Dirham to Bhutanese Ngultrum
Please provide values below to convert Moroccan Dirham [MAD] to Bhutanese Ngultrum [BTN], or Convert Bhutanese Ngultrum to Moroccan Dirham.
How to Convert Moroccan Dirham to Bhutanese Ngultrum
1 MAD = 0.104282646570236 BTN
Example: convert 15 MAD to BTN:
15 MAD = 15 × 0.104282646570236 BTN = 1.56423969855354 BTN
Moroccan Dirham to Bhutanese Ngultrum Conversion Table
| Moroccan Dirham | Bhutanese Ngultrum |
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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.
Bhutanese Ngultrum
The Bhutanese Ngultrum (BTN) is the official currency of Bhutan, used for all monetary transactions within the country.
History/Origin
Introduced in 1974, the Ngultrum replaced the Indian Rupee as Bhutan's official currency, establishing a separate national currency to promote economic independence.
Current Use
The Ngultrum remains the official currency of Bhutan, widely used in everyday transactions, with coins and banknotes issued by the Royal Monetary Authority of Bhutan.