SOBB
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 SoBit(SOBB) to Moroccan Dirham(MAD). This is the real-time data. The current conversion shows 1 SOBB at a value of 1 SOBB 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 SoBit currency pair is the SOBB to MAD, with for SoBit's currency code being SOBB. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for MAD.
SOBB to MAD conversion rate trend
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In the past 1D, SoBit has changed -2.52% to MAD. Based on the trend and price charts, SoBit(SOBB) has changed -2.52% to MAD while Moroccan Dirham(MAD) has changed % to SOBB in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | د.م.0.001561 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/11/02 16:34:46(UTC+0)
How to buy SoBit
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Verify your identity by entering your personal information and uploading a valid photo ID.
Buy SoBit (SOBB)
Use a variety of payment options to buy SoBit on Bitget. We'll show you how.
Buy SOBB (or USDT) for MAD (Moroccan Dirham) offers
Bitget P2P trading does not currently support direct buying of SOBB with MAD. However, you can buy USDT in Bitget P2P trading first, and then buy SOBB 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 SOBB (or USDT) for MAD (Moroccan Dirham) offers
Bitget P2P trading currently does not support direct selling of SOBB to MAD. However, you can first exchange SOBB 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 SoBit to Moroccan Dirham?
SoBit to Moroccan Dirham is falling this week.SoBit's current market price is د.م. 0.001561 per SOBB, with a total market cap of د.م. 0 MAD based on a circulating supply of -- SOBB. The trading volume of SoBit has changed by -97.78% (د.م. -4,932.41 MAD) in the last 24 hours. Last trading day, SOBB's trading volume was د.م. 5,044.51.
Market cap
$0
24h volume
$11.42114261
Circulating supply
0 SOBB
Conversion tables
The exchange rate of SoBit is increasing.1 SOBB is currently valued at د.م. 0.001561 MAD , which means buying 5 SOBB will cost د.م. 0.007803 MAD . Similarly, د.م.1 MAD can be traded for 640.79 SOBB, and د.م.50 MAD can be converted to 32,039.36 SOBB, excluding any platform or gas fees.
The exchange rate of 1 SOBB to Moroccan Dirham has changed by -5.56% in the last 7 days. In the last 24 hours, the rate has fluctuated by -2.52%, reaching a high of 0.001601 MAD and a low of 0.001561 MAD . One month ago, the value of 1 SOBB was د.م. 0.001535 MAD , which represents a +1.69% change from its current value. Over the last year, SoBit has changed by , resulting in a change of -99.40% in its value.
+د.م.
0.001561MADSOBB to MAD
Amount
20:30 today
0.5 SOBB
د.م.0.0007803
1 SOBB
د.م.0.001561
5 SOBB
د.م.0.007803
10 SOBB
د.م.0.01561
50 SOBB
د.م.0.07803
100 SOBB
د.م.0.1561
500 SOBB
د.م.0.7803
1000 SOBB
د.م.1.56
MAD to SOBB
Amount20:30 today
0.5MAD320.39 SOBB
1MAD640.79 SOBB
5MAD3,203.94 SOBB
10MAD6,407.87 SOBB
50MAD32,039.36 SOBB
100MAD64,078.73 SOBB
500MAD320,393.64 SOBB
1000MAD640,787.28 SOBB
Today vs. 24 hours ago
| Amount | 20:30 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 SOBB | $0.{4}7950 | $0.{4}8155 | -2.52% |
| 1 SOBB | $0.0001590 | $0.0001631 | -2.52% |
| 5 SOBB | $0.0007950 | $0.0008155 | -2.52% |
| 10 SOBB | $0.001590 | $0.001631 | -2.52% |
| 50 SOBB | $0.007950 | $0.008155 | -2.52% |
| 100 SOBB | $0.01590 | $0.01631 | -2.52% |
| 500 SOBB | $0.07950 | $0.08155 | -2.52% |
| 1000 SOBB | $0.1590 | $0.1631 | -2.52% |
Today vs. 1 month ago
| Amount | 20:30 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 SOBB | $0.{4}7950 | $0.{4}7817 | +1.69% |
| 1 SOBB | $0.0001590 | $0.0001563 | +1.69% |
| 5 SOBB | $0.0007950 | $0.0007817 | +1.69% |
| 10 SOBB | $0.001590 | $0.001563 | +1.69% |
| 50 SOBB | $0.007950 | $0.007817 | +1.69% |
| 100 SOBB | $0.01590 | $0.01563 | +1.69% |
| 500 SOBB | $0.07950 | $0.07817 | +1.69% |
| 1000 SOBB | $0.1590 | $0.1563 | +1.69% |
Today vs. 1 year ago
| Amount | 20:30 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 SOBB | $0.{4}7950 | $0.00 | -99.40% |
| 1 SOBB | $0.0001590 | $0.00 | -99.40% |
| 5 SOBB | $0.0007950 | $0.00 | -99.40% |
| 10 SOBB | $0.001590 | $0.00 | -99.40% |
| 50 SOBB | $0.007950 | $0.00 | -99.40% |
| 100 SOBB | $0.01590 | $0.00 | -99.40% |
| 500 SOBB | $0.07950 | $0.00 | -99.40% |
| 1000 SOBB | $0.1590 | $0.00 | -99.40% |
SoBit price prediction
What will the price of SOBB be in 2025?
Based on SOBB's historical price performance prediction model, the price of SOBB is projected to reach $0.002853 in 2025.
What will the price of SOBB be in 2030?
In 2030, the SOBB price is expected to change by -3.00%. By the end of 2030, the SOBB price is projected to reach $0.003343, with a cumulative ROI of +2002.58%.
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Popular SoBit conversions
Check out these popular currency conversions of SoBit to several fiat currencies.
SoBit to USD
1 SOBB to $ 0.0001590 USD
SoBit to GBP
1 SOBB to £ 0.0001230 GBP
SoBit to EUR
1 SOBB to € 0.0001462 EUR
SoBit to KRW
1 SOBB to ₩ 0.2195 KRW
SoBit to CAD
1 SOBB to $ 0.0002221 CAD
SoBit to AUD
1 SOBB to $ 0.0002424 AUD
SoBit to JPY
1 SOBB to ¥ 0.02433 JPY
SoBit to BRL
1 SOBB to R$ 0.0009332 BRL
SoBit to CNY
1 SOBB to ¥ 0.001133 CNY
SoBit to TWD
1 SOBB to NT$ 0.005078 TWD
Popular cryptocurrencies to MAD
Explore other cryptocurrencies based on your interest in SoBit.
Bitcoin to MAD
1 BTC to د.م. 682,400.36 MAD
Dogecoin to MAD
1 DOGE to د.م. 1.57 MAD
Ethereum to MAD
1 ETH to د.م. 24,484.31 MAD
BNB to MAD
1 BNB to د.م. 5,597.05 MAD
XRP to MAD
1 XRP to د.م. 5 MAD
Ethereum Classic to MAD
1 ETC to د.م. 178.16 MAD
Qtum to MAD
1 QTUM to د.م. 21.52 MAD
EOS to MAD
1 EOS to د.م. 4.22 MAD
Polygon to MAD
1 MATIC to د.م. 3.08 MAD
THORChain to MAD
1 RUNE to د.م. 54.15 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 SoBit 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 SoBit 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 SoBit 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.
