Moroccan Dirham in Kenyan Shilling

MAD Moroccan Dirham

Country of application:
Morocco

Coin denominations in circulation:
0.5, 1, 5, 10 dirhams.

Denominations of banknotes in circulation:
20, 50, 100 and 200 dirhams.

History reference:
The monetary unit of Morocco is the Moroccan dirham. The history of the national currency of Morocco is as interesting as the historical path of the kingdom itself. Despite the fact that the current ...currency in the country began to be used relatively recently, the history of the monetary system in this country is very old. Until 1921, the Moroccan rial was used in monetary circulation in Morocco. After 1921, the Moroccan rial is replaced by the Moroccan franc at the rate of 1 rial = 5 francs. In 1956, France recognized the independence of Morocco and reunified with Spanish Morocco, as a result of which the Spanish peseta was introduced into the money circulation in the ratio of 10 francs = 1 peseta. In 1960, the Moroccan dirham was introduced, consisting of 100 francs, and in 1974 the franc was replaced by a centime.

KES Kenyan Shilling

Country of application:
Kenya

Coin denominations in circulation:
1, 5, 10, 20 shillings.

Denominations of banknotes in circulation:
50, 100, 200, 500 and 1000 shillings.

History reference:
The national currency of Kenya is the Kenyan shilling. Import and export of foreign currency to Kenya is not limited. You can exchange it without any problems for local Kenyan francs, starting from t...he international airport, at branches of Kenyan banks, Kenyan exchange offices at large hotels. Accepted in the country and the main international travelers checks, and payment cards. The Kenyan shilling is one of the most stable currencies in East Africa. In fact, they often circulate in neighboring countries with less stable currencies, such as Sudan and Somalia. Although the exchange rate of the Kenyan shilling is less volatile compared to other regional currencies, it has generally weakened against the US dollar over the past decade.