Moroccan Dirham in Uruguayan Peso

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.

UYU Uruguayan Peso

Country of application:
Uruguay

Coin denominations in circulation:
1, 2, 5, 10 dollars.

Denominations of banknotes in circulation:
20, 50, 100, 200, 500, 1000, 2000 dollars.

History reference:
The Uruguayan peso is the official currency of Uruguay. The territory of Uruguay is almost completely covered by the South American rainforest jungle. Agricultural plantations extend only in the coas...tal regions, and it is in these regions that the main population of the country is concentrated. From the south and east, the territory of the country is washed by the waters of the Atlantic Ocean, and the Gulf of La Plata in particular. The total area of Uruguay is slightly more than 176 thousand square kilometers. In 1840, the minting of Uruguayan coins began. On June 23, 1862, the National Bank of Uruguay was founded and the Uruguayan peso, equal to 100 centesimos, was officially announced as the currency. The gold content of the peso is set at 1.556419 grams of pure gold. The minting of peso coins began in 1869, the issuance of National Bank notes in 1887. Until 1896, banknotes were also issued by private banks (Commercial Bank, English Bank of Rio de la Plata, Italian Bank, Italo-Eastern Bank, Eastern Bank, Salto Bank, etc.) and the government. Since 1896, banknotes have been issued only by the central bank of Uruguay.