BOB
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 BOB(BOB) to Moroccan Dirham(MAD). This is the real-time data. The current conversion shows 1 BOB at a value of 1 BOB for 10.04 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 BOB currency pair is the BOB to MAD, with for BOB's currency code being BOB. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for MAD.
BOB to MAD conversion rate trend
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In the past 1D, BOB has changed +0.13% to MAD. Based on the trend and price charts, BOB(BOB) has changed +0.13% to MAD while Moroccan Dirham(MAD) has changed % to BOB in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | د.م.10.04 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/12/23 08:33:45(UTC+0)
How to buy BOB
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Buy BOB (BOB)
Use a variety of payment options to buy BOB on Bitget. We'll show you how.
Buy BOB (or USDT) for MAD (Moroccan Dirham) offers
Bitget P2P trading does not currently support direct buying of BOB with MAD. However, you can buy USDT in Bitget P2P trading first, and then buy BOB with USDT via Bitget spot market.
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Sell BOB (or USDT) for MAD (Moroccan Dirham) offers
Bitget P2P trading currently does not support direct selling of BOB to MAD. However, you can first exchange BOB for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
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What factors influence the conversion rate of BOB to Moroccan Dirham?
BOB to Moroccan Dirham is rising this week.BOB's current market price is د.م. 10.04 per BOB, with a total market cap of د.م. 0 MAD based on a circulating supply of -- BOB. The trading volume of BOB has changed by -6.92% (د.م. -219.45 MAD) in the last 24 hours. Last trading day, BOB's trading volume was د.م. 3,171.84.
Market cap
$0
24h volume
$294.60188141
Circulating supply
0 BOB
Conversion tables
The exchange rate of BOB is increasing.1 BOB is currently valued at د.م. 10.04 MAD , which means buying 5 BOB will cost د.م. 50.19 MAD . Similarly, د.م.1 MAD can be traded for 0.09962 BOB, and د.م.50 MAD can be converted to 4.98 BOB, excluding any platform or gas fees.
The exchange rate of 1 BOB to Moroccan Dirham has changed by +0.34% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.13%, reaching a high of 10.06 MAD and a low of 9.97 MAD . One month ago, the value of 1 BOB was د.م. 10.02 MAD , which represents a +0.13% change from its current value. Over the last year, BOB has changed by , resulting in a change of -0.37% in its value.
-د.م.
0.03686MADBOB to MAD
Amount
11:55 am today
0.5 BOB
د.م.5.02
1 BOB
د.م.10.04
5 BOB
د.م.50.19
10 BOB
د.م.100.38
50 BOB
د.م.501.91
100 BOB
د.م.1,003.81
500 BOB
د.م.5,019.06
1000 BOB
د.م.10,038.13
MAD to BOB
Amount11:55 am today
0.5MAD0.04981 BOB
1MAD0.09962 BOB
5MAD0.4981 BOB
10MAD0.9962 BOB
50MAD4.98 BOB
100MAD9.96 BOB
500MAD49.81 BOB
1000MAD99.62 BOB
Today vs. 24 hours ago
| Amount | 11:55 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 BOB | $0.5008 | $0.5002 | +0.13% |
| 1 BOB | $1 | $1 | +0.13% |
| 5 BOB | $5.01 | $5 | +0.13% |
| 10 BOB | $10.02 | $10 | +0.13% |
| 50 BOB | $50.08 | $50.02 | +0.13% |
| 100 BOB | $100.16 | $100.04 | +0.13% |
| 500 BOB | $500.82 | $500.19 | +0.13% |
| 1000 BOB | $1,001.65 | $1,000.37 | +0.13% |
Today vs. 1 month ago
| Amount | 11:55 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 BOB | $0.5008 | $0.5002 | +0.13% |
| 1 BOB | $1 | $1 | +0.13% |
| 5 BOB | $5.01 | $5 | +0.13% |
| 10 BOB | $10.02 | $10 | +0.13% |
| 50 BOB | $50.08 | $50.02 | +0.13% |
| 100 BOB | $100.16 | $100.03 | +0.13% |
| 500 BOB | $500.82 | $500.17 | +0.13% |
| 1000 BOB | $1,001.65 | $1,000.33 | +0.13% |
Today vs. 1 year ago
| Amount | 11:55 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 BOB | $0.5008 | $0.5027 | -0.37% |
| 1 BOB | $1 | $1.01 | -0.37% |
| 5 BOB | $5.01 | $5.03 | -0.37% |
| 10 BOB | $10.02 | $10.05 | -0.37% |
| 50 BOB | $50.08 | $50.27 | -0.37% |
| 100 BOB | $100.16 | $100.53 | -0.37% |
| 500 BOB | $500.82 | $502.66 | -0.37% |
| 1000 BOB | $1,001.65 | $1,005.33 | -0.37% |
BOB price prediction
What will the price of BOB be in 2025?
Based on BOB's historical price performance prediction model, the price of BOB is projected to reach $1.2 in 2025.
What will the price of BOB be in 2030?
In 2030, the BOB price is expected to change by -14.00%. By the end of 2030, the BOB price is projected to reach $1.53, with a cumulative ROI of +52.59%.
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Popular BOB conversions
Check out these popular currency conversions of BOB to several fiat currencies.
BOB to USD
1 BOB to $ 1 USD
BOB to GBP
1 BOB to £ 0.7972 GBP
BOB to EUR
1 BOB to € 0.9625 EUR
BOB to KRW
1 BOB to ₩ 1,454.47 KRW
BOB to CAD
1 BOB to $ 1.44 CAD
BOB to AUD
1 BOB to $ 1.6 AUD
BOB to JPY
1 BOB to ¥ 156.97 JPY
BOB to BRL
1 BOB to R$ 6.1 BRL
BOB to CNY
1 BOB to ¥ 7.32 CNY
BOB to TWD
1 BOB to NT$ 32.76 TWD
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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 BOB 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 BOB 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 BOB 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.
