PAR
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 Parachute(PAR) to Moroccan Dirham(MAD). This is the real-time data. The current conversion shows 1 PAR at a value of 1 PAR for 0.01 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 Parachute currency pair is the PAR to MAD, with for Parachute's currency code being PAR. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for MAD.
PAR to MAD conversion rate trend
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In the past 1D, Parachute has changed +3.77% to MAD. Based on the trend and price charts, Parachute(PAR) has changed +3.77% to MAD while Moroccan Dirham(MAD) has changed % to PAR in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | د.م.0.005320 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/11/21 08:31:19(UTC+0)
How to buy Parachute
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Verify your identity by entering your personal information and uploading a valid photo ID.
Buy Parachute (PAR)
Use a variety of payment options to buy Parachute on Bitget. We'll show you how.
Buy PAR (or USDT) for MAD (Moroccan Dirham) offers
Bitget P2P trading does not currently support direct buying of PAR with MAD. However, you can buy USDT in Bitget P2P trading first, and then buy PAR 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 PAR (or USDT) for MAD (Moroccan Dirham) offers
Bitget P2P trading currently does not support direct selling of PAR to MAD. However, you can first exchange PAR 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 Parachute to Moroccan Dirham?
Parachute to Moroccan Dirham is rising this week.Parachute's current market price is د.م. 0.005361 per PAR, with a total market cap of د.م. 5,358,797.81 MAD based on a circulating supply of 999,628,350 PAR. The trading volume of Parachute has changed by 0.00% (د.م. 0 MAD) in the last 24 hours. Last trading day, PAR's trading volume was د.م. 0.
Market cap
$535.85K
24h volume
$0
Circulating supply
999.63M PAR
Conversion tables
The exchange rate of Parachute is increasing.1 PAR is currently valued at د.م. 0.005361 MAD , which means buying 5 PAR will cost د.م. 0.02680 MAD . Similarly, د.م.1 MAD can be traded for 186.54 PAR, and د.م.50 MAD can be converted to 9,326.98 PAR, excluding any platform or gas fees.
The exchange rate of 1 PAR to Moroccan Dirham has changed by +7.18% in the last 7 days. In the last 24 hours, the rate has fluctuated by +3.77%, reaching a high of 0.005395 MAD and a low of 0.005124 MAD . One month ago, the value of 1 PAR was د.م. 0.003854 MAD , which represents a +38.91% change from its current value. Over the last year, Parachute has changed by , resulting in a change of +47.14% in its value.
+د.م.
0.001724MADPAR to MAD
Amount
13:44 today
0.5 PAR
د.م.0.002680
1 PAR
د.م.0.005361
5 PAR
د.م.0.02680
10 PAR
د.م.0.05361
50 PAR
د.م.0.2680
100 PAR
د.م.0.5361
500 PAR
د.م.2.68
1000 PAR
د.م.5.36
MAD to PAR
Amount13:44 today
0.5MAD93.27 PAR
1MAD186.54 PAR
5MAD932.7 PAR
10MAD1,865.4 PAR
50MAD9,326.98 PAR
100MAD18,653.97 PAR
500MAD93,269.83 PAR
1000MAD186,539.67 PAR
Today vs. 24 hours ago
| Amount | 13:44 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 PAR | $0.0002680 | $0.0002582 | +3.77% |
| 1 PAR | $0.0005361 | $0.0005165 | +3.77% |
| 5 PAR | $0.002680 | $0.002582 | +3.77% |
| 10 PAR | $0.005361 | $0.005165 | +3.77% |
| 50 PAR | $0.02680 | $0.02582 | +3.77% |
| 100 PAR | $0.05361 | $0.05165 | +3.77% |
| 500 PAR | $0.2680 | $0.2582 | +3.77% |
| 1000 PAR | $0.5361 | $0.5165 | +3.77% |
Today vs. 1 month ago
| Amount | 13:44 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 PAR | $0.0002680 | $0.0001927 | +38.91% |
| 1 PAR | $0.0005361 | $0.0003853 | +38.91% |
| 5 PAR | $0.002680 | $0.001927 | +38.91% |
| 10 PAR | $0.005361 | $0.003853 | +38.91% |
| 50 PAR | $0.02680 | $0.01927 | +38.91% |
| 100 PAR | $0.05361 | $0.03853 | +38.91% |
| 500 PAR | $0.2680 | $0.1927 | +38.91% |
| 1000 PAR | $0.5361 | $0.3853 | +38.91% |
Today vs. 1 year ago
| Amount | 13:44 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 PAR | $0.0002680 | $0.0001818 | +47.14% |
| 1 PAR | $0.0005361 | $0.0003636 | +47.14% |
| 5 PAR | $0.002680 | $0.001818 | +47.14% |
| 10 PAR | $0.005361 | $0.003636 | +47.14% |
| 50 PAR | $0.02680 | $0.01818 | +47.14% |
| 100 PAR | $0.05361 | $0.03636 | +47.14% |
| 500 PAR | $0.2680 | $0.1818 | +47.14% |
| 1000 PAR | $0.5361 | $0.3636 | +47.14% |
Parachute price prediction
What will the price of PAR be in 2025?
Based on PAR's historical price performance prediction model, the price of PAR is projected to reach $0.0006484 in 2025.
What will the price of PAR be in 2030?
In 2030, the PAR price is expected to change by -1.00%. By the end of 2030, the PAR price is projected to reach $0.001109, with a cumulative ROI of +119.57%.
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Popular Parachute conversions
Check out these popular currency conversions of Parachute to several fiat currencies.
Parachute to USD
1 PAR to $ 0.0005361 USD
Parachute to GBP
1 PAR to £ 0.0004241 GBP
Parachute to EUR
1 PAR to € 0.0005092 EUR
Parachute to KRW
1 PAR to ₩ 0.7495 KRW
Parachute to CAD
1 PAR to $ 0.0007485 CAD
Parachute to AUD
1 PAR to $ 0.0008223 AUD
Parachute to JPY
1 PAR to ¥ 0.08284 JPY
Parachute to BRL
1 PAR to R$ 0.003124 BRL
Parachute to CNY
1 PAR to ¥ 0.003884 CNY
Parachute to TWD
1 PAR to NT$ 0.01745 TWD
Popular cryptocurrencies to MAD
Explore other cryptocurrencies based on your interest in Parachute.
MAD to MAD
1 MAD to د.م. -- MAD
XRP to MAD
1 XRP to د.م. 11.26 MAD
EGO to MAD
1 EGO to د.م. 0.2590 MAD
Sharpe AI to MAD
1 SAI to د.م. 0.3123 MAD
Solana to MAD
1 SOL to د.م. 2,466.51 MAD
Bitcoin to MAD
1 BTC to د.م. 977,065.35 MAD
Dogecoin to MAD
1 DOGE to د.م. 3.88 MAD
Pepe to MAD
1 PEPE to د.م. 0.0002121 MAD
Peanut the Squirrel to MAD
1 PNUT to د.م. 14.25 MAD
Sui to MAD
1 SUI to د.م. 36.55 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 Parachute 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 Parachute 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 Parachute 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.
