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1MDC to Moroccan Dirham Converter and calculator

Convert 11MDC (1MDC) to Moroccan Dirham (MAD) equals د.م. 0.{7}1694 | Bitget
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Last updated 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of 1MDC(1MDC) to Moroccan Dirham(MAD). This is the real-time data. The current conversion shows 1 1MDC at a value of 1 1MDC for 0.00 MAD . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.

MAD information

About Moroccan Dirham (MAD)

The Moroccan Dirham (MAD), introduced in 1960, is not just the official currency of Morocco; it symbolizes the nation's deep historical roots and its journey towards economic modernization. It is commonly abbreviated as MAD and represented by the symbol د.م. Replacing the Moroccan Franc, the Dirham marked a new era in Morocco's economic independence following the country's liberation from French and Spanish protectorates.

Historical Background

The introduction of the Moroccan Dirham was a significant milestone in Morocco’s post-colonial era, underscoring the country's move towards establishing a sovereign financial system. This transition was key in manifesting Morocco's new national identity and economic autonomy.

Design and Symbolism

The design of the Moroccan Dirham is a tribute to the country's rich cultural and historical heritage. Banknotes and coins are adorned with images of the late King Mohammed V, modern architectural marvels, and traditional motifs that reflect Morocco's artistic legacy. These designs not only serve as a medium of financial transaction but also tell the story of Morocco's past and present.

Economic Role

The Dirham is central to Morocco’s mixed economy, which is bolstered by sectors like agriculture, mining, manufacturing, and tourism. As the primary medium of exchange, it underpins domestic and international trade, facilitating economic activities that drive growth and development.

Monetary Policy and Stability

Managed by Bank Al-Maghrib, Morocco's central bank, the Dirham has been relatively stable, benefiting from prudent fiscal and monetary policies. The bank's strategies aim to maintain currency stability and inflation control, crucial for economic growth and investor confidence.

International Trade and the Moroccan Dirham

The Dirham plays a significant role in international trade, particularly in the context of Morocco's key exports like phosphates, agricultural products, and textiles. A stable Dirham is vital for maintaining competitive export prices and fostering a favorable trade balance.

Remittances and Economic Impact

Remittances from Moroccans living abroad, particularly in Europe, are an important source of foreign currency. These inflows, exchanged into Dirhams, significantly contribute to the national economy and support the currency's stability.

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Bitget crypto-to-fiat exchange data shows that the most popular 1MDC currency pair is the 1MDC to MAD, with for 1MDC's currency code being 1MDC. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for MAD.

1MDC to MAD conversion rate trend

1D7D1M3M1YAll
In the past 1D, 1MDC has changed -4.38% to MAD. Based on the trend and price charts, 1MDC(1MDC) has changed -4.38% to MAD while Moroccan Dirham(MAD) has changed % to 1MDC in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
د.م.0.{7}1694
0.0200% / 0.0320%vip-iconVIP 7
Last updated 2024/11/05 00:34:34(UTC+0)

How to buy 1MDC

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Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
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Buy 1MDC (1MDC)
Use a variety of payment options to buy 1MDC on Bitget. We'll show you how.

Buy 1MDC (or USDT) for MAD (Moroccan Dirham) offers

Bitget P2P trading does not currently support direct buying of 1MDC with MAD. However, you can buy USDT in Bitget P2P trading first, and then buy 1MDC with USDT via Bitget spot market.
Merchants (trades/completion rate)PriceAmount/limit
Low to high
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Sell 1MDC (or USDT) for MAD (Moroccan Dirham) offers

Bitget P2P trading currently does not support direct selling of 1MDC to MAD. However, you can first exchange 1MDC for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
Merchants (trades/completion rate)PriceAmount/limit
High to low
Payment methods
Zero fees
Action
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What factors influence the conversion rate of 1MDC to Moroccan Dirham?

1MDC to Moroccan Dirham is falling this week.
1MDC's current market price is د.م. 0.{7}1694 per 1MDC, with a total market cap of د.م. 0 MAD based on a circulating supply of -- 1MDC. The trading volume of 1MDC has changed by -56.69% (د.م. -2,120.16 MAD) in the last 24 hours. Last trading day, 1MDC's trading volume was د.م. 3,739.71.
Market cap
$0
24h volume
$164.72817709
Circulating supply
0 1MDC

Conversion tables

The exchange rate of 1MDC is decreasing.
1 1MDC is currently valued at د.م. 0.{7}1694 MAD , which means buying 5 1MDC will cost د.م. 0.{7}8470 MAD . Similarly, د.م.1 MAD can be traded for 59,030,549.87 1MDC, and د.م.50 MAD can be converted to 2,951,527,493.73 1MDC, excluding any platform or gas fees.
The exchange rate of 1 1MDC to Moroccan Dirham has changed by -37.21% in the last 7 days. In the last 24 hours, the rate has fluctuated by -4.38%, reaching a high of 0.{7}1772 MAD and a low of 0.{7}1634 MAD . One month ago, the value of 1 1MDC was د.م. 0.{7}5975 MAD , which represents a -71.65% change from its current value. Over the last year, 1MDC has changed by
+د.م.
0.{8}7109MAD
, resulting in a change of --% in its value.

1MDC to MAD

Amount
03:50 am today
0.5 1MDC
د.م.0.{8}8470
1 1MDC
د.م.0.{7}1694
5 1MDC
د.م.0.{7}8470
10 1MDC
د.م.0.{6}1694
50 1MDC
د.م.0.{6}8470
100 1MDC
د.م.0.{5}1694
500 1MDC
د.م.0.{5}8470
1000 1MDC
د.م.0.{4}1694

MAD to 1MDC

Amount03:50 am today
0.5MAD29,515,274.94  1MDC
1MAD59,030,549.87  1MDC
5MAD295,152,749.37  1MDC
10MAD590,305,498.75  1MDC
50MAD2,951,527,493.73  1MDC
100MAD5,903,054,987.46  1MDC
500MAD29,515,274,937.32  1MDC
1000MAD59,030,549,874.63  1MDC

Today vs. 24 hours ago

Amount03:50 am today24 hours ago24h change
0.5 1MDC$0.{9}8615$0.{9}9010
-4.38%
1 1MDC$0.{8}1723$0.{8}1802
-4.38%
5 1MDC$0.{8}8615$0.{8}9010
-4.38%
10 1MDC$0.{7}1723$0.{7}1802
-4.38%
50 1MDC$0.{7}8615$0.{7}9010
-4.38%
100 1MDC$0.{6}1723$0.{6}1802
-4.38%
500 1MDC$0.{6}8615$0.{6}9010
-4.38%
1000 1MDC$0.{5}1723$0.{5}1802
-4.38%

Today vs. 1 month ago

Amount03:50 am today1 month ago1M change
0.5 1MDC$0.{9}8615$0.{8}3039
-71.65%
1 1MDC$0.{8}1723$0.{8}6077
-71.65%
5 1MDC$0.{8}8615$0.{7}3039
-71.65%
10 1MDC$0.{7}1723$0.{7}6077
-71.65%
50 1MDC$0.{7}8615$0.{6}3039
-71.65%
100 1MDC$0.{6}1723$0.{6}6077
-71.65%
500 1MDC$0.{6}8615$0.{5}3039
-71.65%
1000 1MDC$0.{5}1723$0.{5}6077
-71.65%

Today vs. 1 year ago

Amount03:50 am today1 year ago1Y change
0.5 1MDC$0.{9}8615$0.00
--
1 1MDC$0.{8}1723$0.00
--
5 1MDC$0.{8}8615$0.00
--
10 1MDC$0.{7}1723$0.00
--
50 1MDC$0.{7}8615$0.00
--
100 1MDC$0.{6}1723$0.00
--
500 1MDC$0.{6}8615$0.00
--
1000 1MDC$0.{5}1723$0.00
--

1MDC price prediction

What will the price of 1MDC be in 2025?

Based on 1MDC's historical price performance prediction model, the price of 1MDC is projected to reach $0.{7}1184 in 2025.

What will the price of 1MDC be in 2030?

In 2030, the 1MDC price is expected to change by -13.00%. By the end of 2030, the 1MDC price is projected to reach $0.{7}1711, with a cumulative ROI of +892.90%.

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FAQ

What is a cryptocurrency calculator?

A cryptocurrency calculator enables users to convert various digital currencies into different world currencies according to the current exchange rate.

How does a cryptocurrency calculator work?

A cryptocurrency calculator fetches real-time values from digital currency exchange markets to convert between 1MDC and MAD.

How accurate is a cryptocurrency calculator?

Cryptocurrency calculators are generally highly accurate as they track real-time data from cryptocurrency markets, such as 1MDC and MAD. However, due to the high volatility of the cryptocurrency market, rates can fluctuate rapidly.

Can I trust the results of a cryptocurrency calculator?

While cryptocurrency calculators can provide a good starting point, remember that there might be slight differences in real-time trading due to factors such as time delay and trading platform discrepancies.

Can I use a cryptocurrency calculator for tax purposes?

Cryptocurrency calculators are useful for tax information, like coin values at given times. However, it's better to use tax-specific software or a professional for accurate reporting. Bitget Academy is a useful guide for cryptocurrency taxes, covering tax procedures, crypto transactions, effective planning, and different tax tools. Bitget prioritizes user experience, especially in optimizing tax management. With Advanced API and collaborations like Koinly, Bitget provides a smart, accessible platform for cryptocurrency trade and tax responsibilities.

Can a cryptocurrency calculator be used to convert one type of cryptocurrency to another?

If you want to know the value of 1MDC in MAD, cryptocurrency calculators can help you. But if you want to compare the worth of two different cryptocurrencies, you can use Bitget Convert. This tool simplifies the process of cryptocurrency conversion by allowing you to avoid multiple transactions or frequent transfers between wallets and exchanges. With Bitget Convert, you can seamlessly convert your cryptocurrencies in a user-friendly way.
This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Bitget to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Bitget exchange as well as other cryptocurrency exchanges and market data platforms. Bitget may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Bitget is not liable for any errors or delays in content or for any actions taken in reliance on any content.