PHX
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 Phoenix Token(PHX) to Moroccan Dirham(MAD). This is the real-time data. The current conversion shows 1 PHX at a value of 1 PHX 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 Phoenix Token currency pair is the PHX to MAD, with for Phoenix Token's currency code being PHX. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for MAD.
PHX to MAD conversion rate trend
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In the past 1D, Phoenix Token has changed -0.07% to MAD. Based on the trend and price charts, Phoenix Token(PHX) has changed -0.07% to MAD while Moroccan Dirham(MAD) has changed % to PHX in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | د.م.0.01301 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/11/21 08:31:40(UTC+0)
How to buy Phoenix Token
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Buy Phoenix Token (PHX)
Use a variety of payment options to buy Phoenix Token on Bitget. We'll show you how.
Buy PHX (or USDT) for MAD (Moroccan Dirham) offers
Bitget P2P trading does not currently support direct buying of PHX with MAD. However, you can buy USDT in Bitget P2P trading first, and then buy PHX 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 PHX (or USDT) for MAD (Moroccan Dirham) offers
Bitget P2P trading currently does not support direct selling of PHX to MAD. However, you can first exchange PHX 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 Phoenix Token to Moroccan Dirham?
Phoenix Token to Moroccan Dirham is falling this week.Phoenix Token's current market price is د.م. 0.01300 per PHX, with a total market cap of د.م. 428,605.16 MAD based on a circulating supply of 32,959,584 PHX. The trading volume of Phoenix Token has changed by 0.00% (د.م. 0 MAD) in the last 24 hours. Last trading day, PHX's trading volume was د.م. 0.
Market cap
$42.86K
24h volume
$0
Circulating supply
32.96M PHX
Conversion tables
The exchange rate of Phoenix Token is increasing.1 PHX is currently valued at د.م. 0.01300 MAD , which means buying 5 PHX will cost د.م. 0.06502 MAD . Similarly, د.م.1 MAD can be traded for 76.9 PHX, and د.م.50 MAD can be converted to 3,844.98 PHX, excluding any platform or gas fees.
The exchange rate of 1 PHX to Moroccan Dirham has changed by -7.10% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.07%, reaching a high of 0.01302 MAD and a low of 0.01299 MAD . One month ago, the value of 1 PHX was د.م. 0.006995 MAD , which represents a +85.90% change from its current value. Over the last year, Phoenix Token has changed by , resulting in a change of -40.10% in its value.
-د.م.
0.008706MADPHX to MAD
Amount
16:01 today
0.5 PHX
د.م.0.006502
1 PHX
د.م.0.01300
5 PHX
د.م.0.06502
10 PHX
د.م.0.1300
50 PHX
د.م.0.6502
100 PHX
د.م.1.3
500 PHX
د.م.6.5
1000 PHX
د.م.13
MAD to PHX
Amount16:01 today
0.5MAD38.45 PHX
1MAD76.9 PHX
5MAD384.5 PHX
10MAD769 PHX
50MAD3,844.98 PHX
100MAD7,689.96 PHX
500MAD38,449.82 PHX
1000MAD76,899.65 PHX
Today vs. 24 hours ago
| Amount | 16:01 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 PHX | $0.0006502 | $0.0006506 | -0.07% |
| 1 PHX | $0.001300 | $0.001301 | -0.07% |
| 5 PHX | $0.006502 | $0.006506 | -0.07% |
| 10 PHX | $0.01300 | $0.01301 | -0.07% |
| 50 PHX | $0.06502 | $0.06506 | -0.07% |
| 100 PHX | $0.1300 | $0.1301 | -0.07% |
| 500 PHX | $0.6502 | $0.6506 | -0.07% |
| 1000 PHX | $1.3 | $1.3 | -0.07% |
Today vs. 1 month ago
| Amount | 16:01 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 PHX | $0.0006502 | $0.0003497 | +85.90% |
| 1 PHX | $0.001300 | $0.0006994 | +85.90% |
| 5 PHX | $0.006502 | $0.003497 | +85.90% |
| 10 PHX | $0.01300 | $0.006994 | +85.90% |
| 50 PHX | $0.06502 | $0.03497 | +85.90% |
| 100 PHX | $0.1300 | $0.06994 | +85.90% |
| 500 PHX | $0.6502 | $0.3497 | +85.90% |
| 1000 PHX | $1.3 | $0.6994 | +85.90% |
Today vs. 1 year ago
| Amount | 16:01 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 PHX | $0.0006502 | $0.001085 | -40.10% |
| 1 PHX | $0.001300 | $0.002171 | -40.10% |
| 5 PHX | $0.006502 | $0.01085 | -40.10% |
| 10 PHX | $0.01300 | $0.02171 | -40.10% |
| 50 PHX | $0.06502 | $0.1085 | -40.10% |
| 100 PHX | $0.1300 | $0.2171 | -40.10% |
| 500 PHX | $0.6502 | $1.09 | -40.10% |
| 1000 PHX | $1.3 | $2.17 | -40.10% |
Phoenix Token price prediction
What will the price of PHX be in 2025?
Based on PHX's historical price performance prediction model, the price of PHX is projected to reach $0.001512 in 2025.
What will the price of PHX be in 2030?
In 2030, the PHX price is expected to change by +5.00%. By the end of 2030, the PHX price is projected to reach $0.002842, with a cumulative ROI of +118.49%.
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Popular Phoenix Token conversions
Check out these popular currency conversions of Phoenix Token to several fiat currencies.
Phoenix Token to USD
1 PHX to $ 0.001300 USD
Phoenix Token to GBP
1 PHX to £ 0.001029 GBP
Phoenix Token to EUR
1 PHX to € 0.001235 EUR
Phoenix Token to KRW
1 PHX to ₩ 1.82 KRW
Phoenix Token to CAD
1 PHX to $ 0.001816 CAD
Phoenix Token to AUD
1 PHX to $ 0.001995 AUD
Phoenix Token to JPY
1 PHX to ¥ 0.2010 JPY
Phoenix Token to BRL
1 PHX to R$ 0.007578 BRL
Phoenix Token to CNY
1 PHX to ¥ 0.009421 CNY
Phoenix Token to TWD
1 PHX to NT$ 0.04233 TWD
Popular cryptocurrencies to MAD
Explore other cryptocurrencies based on your interest in Phoenix Token.
MAD to MAD
1 MAD to د.م. -- MAD
XRP to MAD
1 XRP to د.م. 11.05 MAD
EGO to MAD
1 EGO to د.م. 0.2394 MAD
Sharpe AI to MAD
1 SAI to د.م. 0.3331 MAD
Solana to MAD
1 SOL to د.م. 2,491.32 MAD
Bitcoin to MAD
1 BTC to د.م. 969,036.5 MAD
Dogecoin to MAD
1 DOGE to د.م. 3.8 MAD
Pepe to MAD
1 PEPE to د.م. 0.0002030 MAD
Peanut the Squirrel to MAD
1 PNUT to د.م. 13.67 MAD
Sui to MAD
1 SUI to د.م. 35.55 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 Phoenix Token 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 Phoenix Token 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 Phoenix Token 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.
