Canadian Dollar to Moroccan Dirham — exchange rate

Country of Circulation: Canada

Currency Code, Symbol: CAD, $

Denominations of coins in circulation: 5¢, 10¢, 25¢, $1, $2

Denominations of banknotes in circulation: $5, $10, $20, $50, $100

History: The Canadian dollar (symbol: CA$, code: CAD, number 124) is used for financial operations within Canada. The abbreviation of the currency used on the exchange market and in exchange offices is CAD. One Canadian dollar correlates to 100 cents.The currency was introduced in 1858. The government had used the Spanish real previously. Some types and denominations of the $ currency are not issued anymore. However, Canada officially accepts all types of currency units that have been issued since 1935. It should be mentioned that CAD is included in the list of the most traded world currencies, namely in the top ten.Read More

Country of Circulation: Morocco

Currency Code, Symbol: MAD, DH

Denominations of coins in circulation: 1⁄2, 1, 5 & 10 dirhams

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

History: The Moroccan dirham (DH) is the national currency of the Kingdom of Morocco. The currency is not used in other countries. In the international financial arena, it is mainly abbreviated to MAD.Centimes are used as change for the Moroccan dirham. Every MAD has 100 centimes. The currency has first appeared in 1961. It came as a replacement for the outdated currency of the Moroccan franc. The currency stands out with its stable rate. According to the law of the Kingdom of Morocco, it is illegal to export more than 500 dirhams without the government’s approval.Read More