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base info Reserve Dollar

Reserve Dollar to Moroccan Dirham Converter and calculator

Convert 1Reserve Dollar (RSV) to Moroccan Dirham (MAD) equals د.م. 9.91 | Bitget
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Last updated 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of Reserve Dollar(RSV) to Moroccan Dirham(MAD). This is the real-time data. The current conversion shows 1 RSV at a value of 1 RSV for 9.91 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.

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Bitget crypto-to-fiat exchange data shows that the most popular Reserve Dollar currency pair is the RSV to MAD, with for Reserve Dollar's currency code being RSV. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for MAD.

RSV to MAD conversion rate trend

1D7D1M3M1YAll
In the past 1D, Reserve Dollar has changed +0.00% to MAD. Based on the trend and price charts, Reserve Dollar(RSV) has changed +0.00% to MAD while Moroccan Dirham(MAD) has changed % to RSV in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
د.م.9.92
0.0200% / 0.0320%vip-iconVIP 7
Gate.io
د.م.9.9
0.1000% / 0.1000%
Yes
Last updated 2024/11/13 08:00:20(UTC+0)

How to buy Reserve Dollar

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Buy Reserve Dollar (RSV)
Use a variety of payment options to buy Reserve Dollar on Bitget. We'll show you how.

Buy RSV (or USDT) for MAD (Moroccan Dirham) offers

Bitget P2P trading does not currently support direct buying of RSV with MAD. However, you can buy USDT in Bitget P2P trading first, and then buy RSV with USDT via Bitget spot market.
Merchants (trades/completion rate)PriceAmount/limit
Low to high
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Sell RSV (or USDT) for MAD (Moroccan Dirham) offers

Bitget P2P trading currently does not support direct selling of RSV to MAD. However, you can first exchange RSV for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
Merchants (trades/completion rate)PriceAmount/limit
High to low
Payment methods
Zero fees
Action
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What factors influence the conversion rate of Reserve Dollar to Moroccan Dirham?

Reserve Dollar to Moroccan Dirham is rising this week.
Reserve Dollar's current market price is د.م. 9.91 per RSV, with a total market cap of د.م. 286,015,339.6 MAD based on a circulating supply of 28,850,666 RSV. The trading volume of Reserve Dollar has changed by 0.00% (د.م. 0 MAD) in the last 24 hours. Last trading day, RSV's trading volume was د.م. 0.
Market cap
$28.86M
24h volume
$0
Circulating supply
28.85M RSV

Conversion tables

The exchange rate of Reserve Dollar is increasing.
1 RSV is currently valued at د.م. 9.91 MAD , which means buying 5 RSV will cost د.م. 49.57 MAD . Similarly, د.م.1 MAD can be traded for 0.1009 RSV, and د.م.50 MAD can be converted to 5.04 RSV, excluding any platform or gas fees.
The exchange rate of 1 RSV to Moroccan Dirham has changed by +0.07% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.00%, reaching a high of 9.92 MAD and a low of 9.89 MAD . One month ago, the value of 1 RSV was د.م. 9.9 MAD , which represents a +0.19% change from its current value. Over the last year, Reserve Dollar has changed by
+د.م.
0.006690MAD
, resulting in a change of +0.07% in its value.

RSV to MAD

Amount
10:04 am today
0.5 RSV
د.م.4.96
1 RSV
د.م.9.91
5 RSV
د.م.49.57
10 RSV
د.م.99.14
50 RSV
د.م.495.68
100 RSV
د.م.991.36
500 RSV
د.م.4,956.82
1000 RSV
د.م.9,913.65

MAD to RSV

Amount10:04 am today
0.5MAD0.05044  RSV
1MAD0.1009  RSV
5MAD0.5044  RSV
10MAD1.01  RSV
50MAD5.04  RSV
100MAD10.09  RSV
500MAD50.44  RSV
1000MAD100.87  RSV

Today vs. 24 hours ago

Amount10:04 am today24 hours ago24h change
0.5 RSV$0.5001$0.5001
+0.00%
1 RSV$1$1
+0.00%
5 RSV$5$5
+0.00%
10 RSV$10$10
+0.00%
50 RSV$50.01$50.01
+0.00%
100 RSV$100.02$100.02
+0.00%
500 RSV$500.09$500.09
+0.00%
1000 RSV$1,000.19$1,000.17
+0.00%

Today vs. 1 month ago

Amount10:04 am today1 month ago1M change
0.5 RSV$0.5001$0.4992
+0.19%
1 RSV$1$0.9983
+0.19%
5 RSV$5$4.99
+0.19%
10 RSV$10$9.98
+0.19%
50 RSV$50.01$49.92
+0.19%
100 RSV$100.02$99.83
+0.19%
500 RSV$500.09$499.16
+0.19%
1000 RSV$1,000.19$998.32
+0.19%

Today vs. 1 year ago

Amount10:04 am today1 year ago1Y change
0.5 RSV$0.5001$0.4998
+0.07%
1 RSV$1$0.9995
+0.07%
5 RSV$5$5
+0.07%
10 RSV$10$10
+0.07%
50 RSV$50.01$49.98
+0.07%
100 RSV$100.02$99.95
+0.07%
500 RSV$500.09$499.76
+0.07%
1000 RSV$1,000.19$999.51
+0.07%

Reserve Dollar price prediction

What will the price of RSV be in 2025?

Based on RSV's historical price performance prediction model, the price of RSV is projected to reach $1.37 in 2025.

What will the price of RSV be in 2030?

In 2030, the RSV price is expected to change by -4.00%. By the end of 2030, the RSV price is projected to reach $1.78, with a cumulative ROI of +77.54%.

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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 Reserve Dollar 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 Reserve Dollar 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 Reserve Dollar 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.