FAYD
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 Fayda(FAYD) to Moroccan Dirham(MAD). This is the real-time data. The current conversion shows 1 FAYD at a value of 1 FAYD 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.
Bitget crypto-to-fiat exchange data shows that the most popular Fayda currency pair is the FAYD to MAD, with for Fayda's currency code being FAYD. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for MAD.
FAYD to MAD conversion rate trend
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In the past 1D, Fayda has changed -26.08% to MAD. Based on the trend and price charts, Fayda(FAYD) has changed -26.08% to MAD while Moroccan Dirham(MAD) has changed % to FAYD in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | د.م.0.{4}4374 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/11/25 08:37:37(UTC+0)
How to buy Fayda
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Buy Fayda (FAYD)
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Buy FAYD (or USDT) for MAD (Moroccan Dirham) offers
Bitget P2P trading does not currently support direct buying of FAYD with MAD. However, you can buy USDT in Bitget P2P trading first, and then buy FAYD with USDT via Bitget spot market.
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Sell FAYD (or USDT) for MAD (Moroccan Dirham) offers
Bitget P2P trading currently does not support direct selling of FAYD to MAD. However, you can first exchange FAYD for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
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What factors influence the conversion rate of Fayda to Moroccan Dirham?
Fayda to Moroccan Dirham is falling this week.Fayda's current market price is د.م. 0.{4}4374 per FAYD, with a total market cap of د.م. 0 MAD based on a circulating supply of -- FAYD. The trading volume of Fayda has changed by -57.64% (د.م. -185.17 MAD) in the last 24 hours. Last trading day, FAYD's trading volume was د.م. 321.26.
Market cap
$0
24h volume
$13.52590783
Circulating supply
0 FAYD
Conversion tables
The exchange rate of Fayda is decreasing.1 FAYD is currently valued at د.م. 0.{4}4374 MAD , which means buying 5 FAYD will cost د.م. 0.0002187 MAD . Similarly, د.م.1 MAD can be traded for 22,861.76 FAYD, and د.م.50 MAD can be converted to 1,143,088 FAYD, excluding any platform or gas fees.
The exchange rate of 1 FAYD to Moroccan Dirham has changed by -4.78% in the last 7 days. In the last 24 hours, the rate has fluctuated by -26.08%, reaching a high of 0.{4}5002 MAD and a low of 0.{4}4198 MAD . One month ago, the value of 1 FAYD was د.م. 0.01851 MAD , which represents a -99.77% change from its current value. Over the last year, Fayda has changed by , resulting in a change of 0.00% in its value.
+د.م.
0.{4}4331MADFAYD to MAD
Amount
10:11 am today
0.5 FAYD
د.م.0.{4}2187
1 FAYD
د.م.0.{4}4374
5 FAYD
د.م.0.0002187
10 FAYD
د.م.0.0004374
50 FAYD
د.م.0.002187
100 FAYD
د.م.0.004374
500 FAYD
د.م.0.02187
1000 FAYD
د.م.0.04374
MAD to FAYD
Amount10:11 am today
0.5MAD11,430.88 FAYD
1MAD22,861.76 FAYD
5MAD114,308.8 FAYD
10MAD228,617.6 FAYD
50MAD1,143,088 FAYD
100MAD2,286,176.01 FAYD
500MAD11,430,880.05 FAYD
1000MAD22,861,760.1 FAYD
Today vs. 24 hours ago
| Amount | 10:11 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 FAYD | $0.{5}2174 | $0.{5}2933 | -26.08% |
| 1 FAYD | $0.{5}4348 | $0.{5}5867 | -26.08% |
| 5 FAYD | $0.{4}2174 | $0.{4}2933 | -26.08% |
| 10 FAYD | $0.{4}4348 | $0.{4}5867 | -26.08% |
| 50 FAYD | $0.0002174 | $0.0002933 | -26.08% |
| 100 FAYD | $0.0004348 | $0.0005867 | -26.08% |
| 500 FAYD | $0.002174 | $0.002933 | -26.08% |
| 1000 FAYD | $0.004348 | $0.005867 | -26.08% |
Today vs. 1 month ago
| Amount | 10:11 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 FAYD | $0.{5}2174 | $0.0009201 | -99.77% |
| 1 FAYD | $0.{5}4348 | $0.001840 | -99.77% |
| 5 FAYD | $0.{4}2174 | $0.009201 | -99.77% |
| 10 FAYD | $0.{4}4348 | $0.01840 | -99.77% |
| 50 FAYD | $0.0002174 | $0.09201 | -99.77% |
| 100 FAYD | $0.0004348 | $0.1840 | -99.77% |
| 500 FAYD | $0.002174 | $0.9201 | -99.77% |
| 1000 FAYD | $0.004348 | $1.84 | -99.77% |
Today vs. 1 year ago
| Amount | 10:11 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 FAYD | $0.{5}2174 | $0.{7}2127 | 0.00% |
| 1 FAYD | $0.{5}4348 | $0.{7}4254 | 0.00% |
| 5 FAYD | $0.{4}2174 | $0.{6}2127 | 0.00% |
| 10 FAYD | $0.{4}4348 | $0.{6}4254 | 0.00% |
| 50 FAYD | $0.0002174 | $0.{5}2127 | 0.00% |
| 100 FAYD | $0.0004348 | $0.{5}4254 | 0.00% |
| 500 FAYD | $0.002174 | $0.{4}2127 | 0.00% |
| 1000 FAYD | $0.004348 | $0.{4}4254 | 0.00% |
Fayda price prediction
What will the price of FAYD be in 2025?
Based on FAYD's historical price performance prediction model, the price of FAYD is projected to reach $0.{4}9877 in 2025.
What will the price of FAYD be in 2030?
In 2030, the FAYD price is expected to change by +4.00%. By the end of 2030, the FAYD price is projected to reach $0.0001313, with a cumulative ROI of +2919.62%.
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Popular Fayda conversions
Check out these popular currency conversions of Fayda to several fiat currencies.
Fayda to USD
1 FAYD to $ 0.{5}4348 USD
Fayda to GBP
1 FAYD to £ 0.{5}3457 GBP
Fayda to EUR
1 FAYD to € 0.{5}4144 EUR
Fayda to KRW
1 FAYD to ₩ 0.006092 KRW
Fayda to CAD
1 FAYD to $ 0.{5}6068 CAD
Fayda to AUD
1 FAYD to $ 0.{5}6673 AUD
Fayda to JPY
1 FAYD to ¥ 0.0006714 JPY
Fayda to BRL
1 FAYD to R$ 0.{4}2540 BRL
Fayda to CNY
1 FAYD to ¥ 0.{4}3153 CNY
Fayda to TWD
1 FAYD to NT$ 0.0001410 TWD
Popular cryptocurrencies to MAD
Explore other cryptocurrencies based on your interest in Fayda.
Bitcoin to MAD
1 BTC to د.م. 992,094.78 MAD
MAD to MAD
1 MAD to د.م. 0.0004639 MAD
Stellar to MAD
1 XLM to د.م. 5.45 MAD
EGO to MAD
1 EGO to د.م. 0.2273 MAD
Cardano to MAD
1 ADA to د.م. 10.69 MAD
Puffer to MAD
1 PUFFER to د.م. -- MAD
XRP to MAD
1 XRP to د.م. 15.15 MAD
Just a chill guy to MAD
1 CHILLGUY to د.م. 4.34 MAD
Dogecoin to MAD
1 DOGE to د.م. 4.34 MAD
The Sandbox to MAD
1 SAND to د.م. 7.78 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 Fayda 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 Fayda 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 Fayda 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.
