DAMOON
MAD
Last updated 2023/09/01 02:23:05 (UTC+0)Refresh
Want to display this on your website?Bitget converter offers real-time exchange rates, allowing for easy conversion of Damoon Coin(DAMOON) to Moroccan Dirham(MAD). This is the real-time data. The current conversion shows 1 DAMOON at a value of 1 DAMOON for 0.85 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.
Bitget crypto-to-fiat exchange data shows that the most popular Damoon Coin currency pair is the DAMOON to MAD, with for Damoon Coin's currency code being DAMOON. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for MAD.
DAMOON to MAD conversion rate trend
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In the past 1D, Damoon Coin has changed +6.75% to MAD. Based on the trend and price charts, Damoon Coin(DAMOON) has changed +6.75% to MAD while Moroccan Dirham(MAD) has changed % to DAMOON in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | د.م.0.8503 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/11/24 00:33:19(UTC+0)
How to buy Damoon Coin
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Verify your identity by entering your personal information and uploading a valid photo ID.
Buy Damoon Coin (DAMOON)
Use a variety of payment options to buy Damoon Coin on Bitget. We'll show you how.
Buy DAMOON (or USDT) for MAD (Moroccan Dirham) offers
Bitget P2P trading does not currently support direct buying of DAMOON with MAD. However, you can buy USDT in Bitget P2P trading first, and then buy DAMOON with USDT via Bitget spot market.
| Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
|---|
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Sell DAMOON (or USDT) for MAD (Moroccan Dirham) offers
Bitget P2P trading currently does not support direct selling of DAMOON to MAD. However, you can first exchange DAMOON for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
| Merchants (trades/completion rate) | Price | Amount/limit High to low | Payment methods | Zero fees Action |
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What factors influence the conversion rate of Damoon Coin to Moroccan Dirham?
Damoon Coin to Moroccan Dirham is rising this week.Damoon Coin's current market price is د.م. 0.8503 per DAMOON, with a total market cap of د.م. 0 MAD based on a circulating supply of -- DAMOON. The trading volume of Damoon Coin has changed by -74.62% (د.م. -125,350.70 MAD) in the last 24 hours. Last trading day, DAMOON's trading volume was د.م. 167,985.39.
Market cap
$0
24h volume
$4.24K
Circulating supply
0 DAMOON
Conversion tables
The exchange rate of Damoon Coin is increasing.1 DAMOON is currently valued at د.م. 0.8503 MAD , which means buying 5 DAMOON will cost د.م. 4.25 MAD . Similarly, د.م.1 MAD can be traded for 1.18 DAMOON, and د.م.50 MAD can be converted to 58.8 DAMOON, excluding any platform or gas fees.
The exchange rate of 1 DAMOON to Moroccan Dirham has changed by +26.62% in the last 7 days. In the last 24 hours, the rate has fluctuated by +6.75%, reaching a high of 0.8504 MAD and a low of 0.7966 MAD . One month ago, the value of 1 DAMOON was د.م. 0.3225 MAD , which represents a +163.70% change from its current value. Over the last year, Damoon Coin has changed by , resulting in a change of -51.79% in its value.
+د.م.
0.8503MADDAMOON to MAD
Amount
05:19 am today
0.5 DAMOON
د.م.0.4252
1 DAMOON
د.م.0.8503
5 DAMOON
د.م.4.25
10 DAMOON
د.م.8.5
50 DAMOON
د.م.42.52
100 DAMOON
د.م.85.03
500 DAMOON
د.م.425.17
1000 DAMOON
د.م.850.34
MAD to DAMOON
Amount05:19 am today
0.5MAD0.5880 DAMOON
1MAD1.18 DAMOON
5MAD5.88 DAMOON
10MAD11.76 DAMOON
50MAD58.8 DAMOON
100MAD117.6 DAMOON
500MAD588 DAMOON
1000MAD1,176 DAMOON
Today vs. 24 hours ago
| Amount | 05:19 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 DAMOON | $0.04227 | $0.03960 | +6.75% |
| 1 DAMOON | $0.08455 | $0.07921 | +6.75% |
| 5 DAMOON | $0.4227 | $0.3960 | +6.75% |
| 10 DAMOON | $0.8455 | $0.7921 | +6.75% |
| 50 DAMOON | $4.23 | $3.96 | +6.75% |
| 100 DAMOON | $8.45 | $7.92 | +6.75% |
| 500 DAMOON | $42.27 | $39.6 | +6.75% |
| 1000 DAMOON | $84.55 | $79.21 | +6.75% |
Today vs. 1 month ago
| Amount | 05:19 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 DAMOON | $0.04227 | $0.01603 | +163.70% |
| 1 DAMOON | $0.08455 | $0.03206 | +163.70% |
| 5 DAMOON | $0.4227 | $0.1603 | +163.70% |
| 10 DAMOON | $0.8455 | $0.3206 | +163.70% |
| 50 DAMOON | $4.23 | $1.6 | +163.70% |
| 100 DAMOON | $8.45 | $3.21 | +163.70% |
| 500 DAMOON | $42.27 | $16.03 | +163.70% |
| 1000 DAMOON | $84.55 | $32.06 | +163.70% |
Today vs. 1 year ago
| Amount | 05:19 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 DAMOON | $0.04227 | $0.00 | -51.79% |
| 1 DAMOON | $0.08455 | $0.00 | -51.79% |
| 5 DAMOON | $0.4227 | $0.00 | -51.79% |
| 10 DAMOON | $0.8455 | $0.00 | -51.79% |
| 50 DAMOON | $4.23 | $0.00 | -51.79% |
| 100 DAMOON | $8.45 | $0.00 | -51.79% |
| 500 DAMOON | $42.27 | $0.00 | -51.79% |
| 1000 DAMOON | $84.55 | $0.00 | -51.79% |
Damoon Coin price prediction
What will the price of DAMOON be in 2025?
Based on DAMOON's historical price performance prediction model, the price of DAMOON is projected to reach $0.1015 in 2025.
What will the price of DAMOON be in 2030?
In 2030, the DAMOON price is expected to change by -9.00%. By the end of 2030, the DAMOON price is projected to reach $0.2564, with a cumulative ROI of +238.70%.
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Popular Damoon Coin conversions
Check out these popular currency conversions of Damoon Coin to several fiat currencies.
Damoon Coin to USD
1 DAMOON to $ 0.08455 USD
Damoon Coin to GBP
1 DAMOON to £ 0.06747 GBP
Damoon Coin to EUR
1 DAMOON to € 0.08115 EUR
Damoon Coin to KRW
1 DAMOON to ₩ 118.75 KRW
Damoon Coin to CAD
1 DAMOON to $ 0.1186 CAD
Damoon Coin to AUD
1 DAMOON to $ 0.1300 AUD
Damoon Coin to JPY
1 DAMOON to ¥ 13.09 JPY
Damoon Coin to BRL
1 DAMOON to R$ 0.4905 BRL
Damoon Coin to CNY
1 DAMOON to ¥ 0.6132 CNY
Damoon Coin to TWD
1 DAMOON to NT$ 2.75 TWD
Popular cryptocurrencies to MAD
Explore other cryptocurrencies based on your interest in Damoon Coin.
Bitcoin to MAD
1 BTC to د.م. 989,251.67 MAD
EGO to MAD
1 EGO to د.م. 0.2089 MAD
Evan to MAD
1 EVAN to د.م. 0.3029 MAD
MAD to MAD
1 MAD to د.م. 0.0002663 MAD
Dogecoin to MAD
1 DOGE to د.م. 4.41 MAD
Stellar to MAD
1 XLM to د.م. 5.98 MAD
Hedera to MAD
1 HBAR to د.م. 1.52 MAD
Sui to MAD
1 SUI to د.م. 34.86 MAD
Algorand to MAD
1 ALGO to د.م. 3.06 MAD
VeChain to MAD
1 VET to د.م. 0.4344 MAD
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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 Damoon Coin 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 Damoon Coin 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 Damoon Coin 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.
