Convert Moroccan Dirham to North Korean Won
Please provide values below to convert Moroccan Dirham [MAD] to North Korean Won [KPW], or Convert North Korean Won to Moroccan Dirham.
How to Convert Moroccan Dirham to North Korean Won
1 MAD = 0.0100092222222222 KPW
Example: convert 15 MAD to KPW:
15 MAD = 15 × 0.0100092222222222 KPW = 0.150138333333333 KPW
Moroccan Dirham to North Korean Won Conversion Table
Moroccan Dirham | North Korean Won |
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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.
North Korean Won
The North Korean Won (KPW) is the official currency of North Korea, used for everyday transactions within the country.
History/Origin
The North Korean Won was first introduced in 1947, replacing the Korean won used during the Japanese occupation, and has undergone several redenominations and reforms since then.
Current Use
Today, the KPW is primarily used domestically in North Korea, with limited acceptance outside the country; it is subject to strict government control and currency regulations.