DEFIT
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 DEFIT(DEFIT) to Moroccan Dirham(MAD). This is the real-time data. The current conversion shows 1 DEFIT at a value of 1 DEFIT for 1.31 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 DEFIT currency pair is the DEFIT to MAD, with for DEFIT's currency code being DEFIT. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for MAD.
DEFIT to MAD conversion rate trend
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In the past 1D, DEFIT has changed +7.21% to MAD. Based on the trend and price charts, DEFIT(DEFIT) has changed +7.21% to MAD while Moroccan Dirham(MAD) has changed % to DEFIT in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | د.م.1.31 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/11/21 16:30:58(UTC+0)
How to buy DEFIT
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Verify your identity by entering your personal information and uploading a valid photo ID.
Buy DEFIT (DEFIT)
Use a variety of payment options to buy DEFIT on Bitget. We'll show you how.
Buy DEFIT (or USDT) for MAD (Moroccan Dirham) offers
Bitget P2P trading does not currently support direct buying of DEFIT with MAD. However, you can buy USDT in Bitget P2P trading first, and then buy DEFIT 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 DEFIT (or USDT) for MAD (Moroccan Dirham) offers
Bitget P2P trading currently does not support direct selling of DEFIT to MAD. However, you can first exchange DEFIT 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 DEFIT to Moroccan Dirham?
DEFIT to Moroccan Dirham is rising this week.DEFIT's current market price is د.م. 1.31 per DEFIT, with a total market cap of د.م. 39,098,472.65 MAD based on a circulating supply of 29,764,368 DEFIT. The trading volume of DEFIT has changed by -77.42% (د.م. -89,022.27 MAD) in the last 24 hours. Last trading day, DEFIT's trading volume was د.م. 114,984.96.
Market cap
$3.91M
24h volume
$2.60K
Circulating supply
29.76M DEFIT
Conversion tables
The exchange rate of DEFIT is decreasing.1 DEFIT is currently valued at د.م. 1.31 MAD , which means buying 5 DEFIT will cost د.م. 6.57 MAD . Similarly, د.م.1 MAD can be traded for 0.7613 DEFIT, and د.م.50 MAD can be converted to 38.06 DEFIT, excluding any platform or gas fees.
The exchange rate of 1 DEFIT to Moroccan Dirham has changed by +1.96% in the last 7 days. In the last 24 hours, the rate has fluctuated by +7.21%, reaching a high of 1.31 MAD and a low of 1.2 MAD . One month ago, the value of 1 DEFIT was د.م. 1.59 MAD , which represents a -17.29% change from its current value. Over the last year, DEFIT has changed by , resulting in a change of +44.41% in its value.
+د.م.
0.4040MADDEFIT to MAD
Amount
16:41 today
0.5 DEFIT
د.م.0.6568
1 DEFIT
د.م.1.31
5 DEFIT
د.م.6.57
10 DEFIT
د.م.13.14
50 DEFIT
د.م.65.68
100 DEFIT
د.م.131.36
500 DEFIT
د.م.656.8
1000 DEFIT
د.م.1,313.6
MAD to DEFIT
Amount16:41 today
0.5MAD0.3806 DEFIT
1MAD0.7613 DEFIT
5MAD3.81 DEFIT
10MAD7.61 DEFIT
50MAD38.06 DEFIT
100MAD76.13 DEFIT
500MAD380.63 DEFIT
1000MAD761.27 DEFIT
Today vs. 24 hours ago
| Amount | 16:41 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 DEFIT | $0.06571 | $0.06129 | +7.21% |
| 1 DEFIT | $0.1314 | $0.1226 | +7.21% |
| 5 DEFIT | $0.6571 | $0.6129 | +7.21% |
| 10 DEFIT | $1.31 | $1.23 | +7.21% |
| 50 DEFIT | $6.57 | $6.13 | +7.21% |
| 100 DEFIT | $13.14 | $12.26 | +7.21% |
| 500 DEFIT | $65.71 | $61.29 | +7.21% |
| 1000 DEFIT | $131.43 | $122.59 | +7.21% |
Today vs. 1 month ago
| Amount | 16:41 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 DEFIT | $0.06571 | $0.07945 | -17.29% |
| 1 DEFIT | $0.1314 | $0.1589 | -17.29% |
| 5 DEFIT | $0.6571 | $0.7945 | -17.29% |
| 10 DEFIT | $1.31 | $1.59 | -17.29% |
| 50 DEFIT | $6.57 | $7.95 | -17.29% |
| 100 DEFIT | $13.14 | $15.89 | -17.29% |
| 500 DEFIT | $65.71 | $79.45 | -17.29% |
| 1000 DEFIT | $131.43 | $158.9 | -17.29% |
Today vs. 1 year ago
| Amount | 16:41 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 DEFIT | $0.06571 | $0.04550 | +44.41% |
| 1 DEFIT | $0.1314 | $0.09101 | +44.41% |
| 5 DEFIT | $0.6571 | $0.4550 | +44.41% |
| 10 DEFIT | $1.31 | $0.9101 | +44.41% |
| 50 DEFIT | $6.57 | $4.55 | +44.41% |
| 100 DEFIT | $13.14 | $9.1 | +44.41% |
| 500 DEFIT | $65.71 | $45.5 | +44.41% |
| 1000 DEFIT | $131.43 | $91.01 | +44.41% |
DEFIT price prediction
What will the price of DEFIT be in 2025?
Based on DEFIT's historical price performance prediction model, the price of DEFIT is projected to reach $0.1251 in 2025.
What will the price of DEFIT be in 2030?
In 2030, the DEFIT price is expected to change by -10.00%. By the end of 2030, the DEFIT price is projected to reach $0.2885, with a cumulative ROI of +142.71%.
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Popular DEFIT conversions
Check out these popular currency conversions of DEFIT to several fiat currencies.
DEFIT to USD
1 DEFIT to $ 0.1314 USD
DEFIT to GBP
1 DEFIT to £ 0.1041 GBP
DEFIT to EUR
1 DEFIT to € 0.1250 EUR
DEFIT to KRW
1 DEFIT to ₩ 183.9 KRW
DEFIT to CAD
1 DEFIT to $ 0.1834 CAD
DEFIT to AUD
1 DEFIT to $ 0.2017 AUD
DEFIT to JPY
1 DEFIT to ¥ 20.29 JPY
DEFIT to BRL
1 DEFIT to R$ 0.7638 BRL
DEFIT to CNY
1 DEFIT to ¥ 0.9519 CNY
DEFIT to TWD
1 DEFIT to NT$ 4.28 TWD
Popular cryptocurrencies to MAD
Explore other cryptocurrencies based on your interest in DEFIT.
MAD to MAD
1 MAD to د.م. -- MAD
XRP to MAD
1 XRP to د.م. 11.09 MAD
EGO to MAD
1 EGO to د.م. 0.2309 MAD
Sharpe AI to MAD
1 SAI to د.م. 0.3299 MAD
Solana to MAD
1 SOL to د.م. 2,497.12 MAD
Bitcoin to MAD
1 BTC to د.م. 970,243.94 MAD
Dogecoin to MAD
1 DOGE to د.م. 3.83 MAD
Pepe to MAD
1 PEPE to د.م. 0.0002093 MAD
Peanut the Squirrel to MAD
1 PNUT to د.م. 13.79 MAD
Sui to MAD
1 SUI to د.م. 35.62 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 DEFIT 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 DEFIT 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 DEFIT 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.
