Convert Moroccan Dirham to Kuwaiti Dinar
Convert Moroccan Dirham (MAD) to Kuwaiti Dinar (KWD) using daily updated exchange rates.
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Exchange Rate
Exchange rates are updated daily.
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About Moroccan Dirham
The Moroccan Dirham (MAD) has been the official currency of Morocco since 1960, replacing the franc used during the French protectorate period. Bank Al-Maghrib manages monetary policy with a managed float exchange rate pegged to a basket of the Euro and US Dollar. Morocco has one of Africa's most diversified economies, with revenues from phosphate exports (the world's third largest producer), tourism, remittances from Moroccans abroad, and growing manufacturing including automotive and aerospace sectors. Morocco has signed a free trade agreement with the EU.
About Kuwaiti Dinar
The Kuwaiti Dinar (KWD) consistently holds the title of the world's highest-valued currency unit by exchange rate - 1 Kuwaiti Dinar is currently worth approximately 3.25 US Dollars. Introduced in 1961 when Kuwait gained independence from Britain, it replaced the Gulf rupee. Kuwait is a small but immensely wealthy Gulf state with the world's sixth-largest proven oil reserves relative to its size, generating enormous per capita wealth. The Central Bank of Kuwait manages the dinar, which is pegged to an undisclosed basket of currencies.
Quick Reference Table
| Moroccan Dirham (MAD) | Kuwaiti Dinar (KWD) |
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Exchange rates are updated daily and provided for informational purposes only. Not suitable for financial transactions. Source: fawazahmed0/exchange-api (MIT license).