Convert Norwegian Krone to Moroccan Dirham
Please provide values below to convert Norwegian Krone [NOK] to Moroccan Dirham [MAD], or Convert Moroccan Dirham to Norwegian Krone.
How to Convert Norwegian Krone to Moroccan Dirham
1 NOK = 1.12249814060367 MAD
Example: convert 15 NOK to MAD:
15 NOK = 15 × 1.12249814060367 MAD = 16.837472109055 MAD
Norwegian Krone to Moroccan Dirham Conversion Table
| Norwegian Krone | Moroccan Dirham |
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Norwegian Krone
The Norwegian Krone (NOK) is the official currency of Norway, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Norwegian Krone was introduced in 1875, replacing the Norwegian Speciedaler, and has undergone various reforms, including decimalization in 1875 and decimal standardization in 1963. It has been Norway's official currency since then.
Current Use
The NOK is actively used in Norway for all financial transactions, including banking, commerce, and international trade. It is also traded on the foreign exchange market and is considered a stable currency within the region.
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.