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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.
SHARD to MAD conversion rate trend
Conversion rate comparison of various exchanges
Exchange | Price | Maker / Taker Fee | Tradable |
---|---|---|---|
Bitget ![]() | د.م.0.01968 | 0.0200% / 0.0320% ![]() |
How to buy Shard
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Buy SHARD (or USDT) for MAD (Moroccan Dirham) offers
Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
---|---|---|---|---|
B BGUSER-RSGK8SV9 trades|Completion rate NaN% | 115.2 RUB | Amount50000 USDT Limit3900000 - 4000000 RUB | ![]() ![]() ![]() ![]() ![]() | |
G Global_Point_Ex 1 trades|Completion rate 100.00% | 102.89 RUB | Amount50000 USDT Limit50000 - 4000000 RUB | ![]() | |
D Darvus-X-Trop 0 trades|Completion rate 0.00% | 101 RUB | Amount100000 USDT Limit300000 - 4000000 RUB | ![]() | |
X X_Elon Musk 16 trades|Completion rate 57.00% | 100.05 RUB | Amount50000 USDT Limit400 - 30000 RUB | ![]() | |
A Alex p2p 23 trades|Completion rate 85.00% | 96.65 RUB | Amount9970.41 USDT Limit3000 - 150000 RUB | ![]() |
Sell SHARD (or USDT) for MAD (Moroccan Dirham) offers
Merchants (trades/completion rate) | Price | Amount/limit High to low | Payment methods | Zero fees Action |
---|---|---|---|---|
B BGUSER-RSGK8SV9 trades|Completion rate NaN% | 115.2 RUB | Amount50000 USDT Limit3900000 - 4000000 RUB | ![]() ![]() ![]() ![]() ![]() | |
G Global_Point_Ex 1 trades|Completion rate 100.00% | 102.89 RUB | Amount50000 USDT Limit50000 - 4000000 RUB | ![]() | |
D Darvus-X-Trop 0 trades|Completion rate 0.00% | 101 RUB | Amount100000 USDT Limit300000 - 4000000 RUB | ![]() | |
X X_Elon Musk 16 trades|Completion rate 57.00% | 100.05 RUB | Amount50000 USDT Limit400 - 30000 RUB | ![]() | |
A Alex p2p 23 trades|Completion rate 85.00% | 96.65 RUB | Amount9970.41 USDT Limit3000 - 150000 RUB | ![]() |
What factors influence the conversion rate of Shard to Moroccan Dirham?
Shard to Moroccan Dirham is rising this week.Conversion tables
The exchange rate of Shard is decreasing.SHARD to MAD
MAD to SHARD
Today vs. 24 hours ago
Amount | 04:17 am today | 24 hours ago | 24h change |
---|---|---|---|
0.5 SHARD | $0.0009856 | $0.0009856 | 0.00% |
1 SHARD | $0.001971 | $0.001971 | 0.00% |
5 SHARD | $0.009856 | $0.009856 | 0.00% |
10 SHARD | $0.01971 | $0.01971 | 0.00% |
50 SHARD | $0.09856 | $0.09856 | 0.00% |
100 SHARD | $0.1971 | $0.1971 | 0.00% |
500 SHARD | $0.9856 | $0.9856 | 0.00% |
1000 SHARD | $1.97 | $1.97 | 0.00% |
Today vs. 1 month ago
Amount | 04:17 am today | 1 month ago | 1M change |
---|---|---|---|
0.5 SHARD | $0.0009856 | $0.001474 | -33.13% |
1 SHARD | $0.001971 | $0.002948 | -33.13% |
5 SHARD | $0.009856 | $0.01474 | -33.13% |
10 SHARD | $0.01971 | $0.02948 | -33.13% |
50 SHARD | $0.09856 | $0.1474 | -33.13% |
100 SHARD | $0.1971 | $0.2948 | -33.13% |
500 SHARD | $0.9856 | $1.47 | -33.13% |
1000 SHARD | $1.97 | $2.95 | -33.13% |
Today vs. 1 year ago
Amount | 04:17 am today | 1 year ago | 1Y change |
---|---|---|---|
0.5 SHARD | $0.0009856 | $0.001549 | -36.38% |
1 SHARD | $0.001971 | $0.003099 | -36.38% |
5 SHARD | $0.009856 | $0.01549 | -36.38% |
10 SHARD | $0.01971 | $0.03099 | -36.38% |
50 SHARD | $0.09856 | $0.1549 | -36.38% |
100 SHARD | $0.1971 | $0.3099 | -36.38% |
500 SHARD | $0.9856 | $1.55 | -36.38% |
1000 SHARD | $1.97 | $3.1 | -36.38% |
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