SOVI
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 Sovi Finance(SOVI) to Moroccan Dirham(MAD). This is the real-time data. The current conversion shows 1 SOVI at a value of 1 SOVI for 2.10 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 Sovi Finance currency pair is the SOVI to MAD, with for Sovi Finance's currency code being SOVI. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for MAD.
SOVI to MAD conversion rate trend
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In the past 1D, Sovi Finance has changed +5.36% to MAD. Based on the trend and price charts, Sovi Finance(SOVI) has changed +5.36% to MAD while Moroccan Dirham(MAD) has changed % to SOVI in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | د.م.2.1 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/12/22 16:35:17(UTC+0)
How to buy Sovi Finance
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Verify your identity by entering your personal information and uploading a valid photo ID.
Buy Sovi Finance (SOVI)
Use a variety of payment options to buy Sovi Finance on Bitget. We'll show you how.
Buy SOVI (or USDT) for MAD (Moroccan Dirham) offers
Bitget P2P trading does not currently support direct buying of SOVI with MAD. However, you can buy USDT in Bitget P2P trading first, and then buy SOVI 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 SOVI (or USDT) for MAD (Moroccan Dirham) offers
Bitget P2P trading currently does not support direct selling of SOVI to MAD. However, you can first exchange SOVI 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 Sovi Finance to Moroccan Dirham?
Sovi Finance to Moroccan Dirham is rising this week.Sovi Finance's current market price is د.م. 2.1 per SOVI, with a total market cap of د.م. 0 MAD based on a circulating supply of -- SOVI. The trading volume of Sovi Finance has changed by -100.00% (د.م. -- MAD) in the last 24 hours. Last trading day, SOVI's trading volume was د.م. --.
Market cap
$0
24h volume
$0
Circulating supply
0 SOVI
Conversion tables
The exchange rate of Sovi Finance is increasing.1 SOVI is currently valued at د.م. 2.1 MAD , which means buying 5 SOVI will cost د.م. 10.52 MAD . Similarly, د.م.1 MAD can be traded for 0.4753 SOVI, and د.م.50 MAD can be converted to 23.76 SOVI, excluding any platform or gas fees.
The exchange rate of 1 SOVI to Moroccan Dirham has changed by +33.38% in the last 7 days. In the last 24 hours, the rate has fluctuated by +5.36%, reaching a high of 1.68 MAD and a low of 1.37 MAD . One month ago, the value of 1 SOVI was د.م. 2.08 MAD , which represents a +1.61% change from its current value. Over the last year, Sovi Finance has changed by , resulting in a change of -46.21% in its value.
-د.م.
1.44MADSOVI to MAD
Amount
20:33 today
0.5 SOVI
د.م.1.05
1 SOVI
د.م.2.1
5 SOVI
د.م.10.52
10 SOVI
د.م.21.04
50 SOVI
د.م.105.2
100 SOVI
د.م.210.4
500 SOVI
د.م.1,052.01
1000 SOVI
د.م.2,104.03
MAD to SOVI
Amount20:33 today
0.5MAD0.2376 SOVI
1MAD0.4753 SOVI
5MAD2.38 SOVI
10MAD4.75 SOVI
50MAD23.76 SOVI
100MAD47.53 SOVI
500MAD237.64 SOVI
1000MAD475.28 SOVI
Today vs. 24 hours ago
| Amount | 20:33 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 SOVI | $0.1049 | $0.1007 | +5.36% |
| 1 SOVI | $0.2099 | $0.2014 | +5.36% |
| 5 SOVI | $1.05 | $1.01 | +5.36% |
| 10 SOVI | $2.1 | $2.01 | +5.36% |
| 50 SOVI | $10.49 | $10.07 | +5.36% |
| 100 SOVI | $20.99 | $20.14 | +5.36% |
| 500 SOVI | $104.95 | $100.69 | +5.36% |
| 1000 SOVI | $209.9 | $201.38 | +5.36% |
Today vs. 1 month ago
| Amount | 20:33 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 SOVI | $0.1049 | $0.1036 | +1.61% |
| 1 SOVI | $0.2099 | $0.2072 | +1.61% |
| 5 SOVI | $1.05 | $1.04 | +1.61% |
| 10 SOVI | $2.1 | $2.07 | +1.61% |
| 50 SOVI | $10.49 | $10.36 | +1.61% |
| 100 SOVI | $20.99 | $20.72 | +1.61% |
| 500 SOVI | $104.95 | $103.62 | +1.61% |
| 1000 SOVI | $209.9 | $207.24 | +1.61% |
Today vs. 1 year ago
| Amount | 20:33 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 SOVI | $0.1049 | $0.1769 | -46.21% |
| 1 SOVI | $0.2099 | $0.3537 | -46.21% |
| 5 SOVI | $1.05 | $1.77 | -46.21% |
| 10 SOVI | $2.1 | $3.54 | -46.21% |
| 50 SOVI | $10.49 | $17.69 | -46.21% |
| 100 SOVI | $20.99 | $35.37 | -46.21% |
| 500 SOVI | $104.95 | $176.86 | -46.21% |
| 1000 SOVI | $209.9 | $353.72 | -46.21% |
Sovi Finance price prediction
What will the price of SOVI be in 2025?
Based on SOVI's historical price performance prediction model, the price of SOVI is projected to reach $0.4319 in 2025.
What will the price of SOVI be in 2030?
In 2030, the SOVI price is expected to change by -4.00%. By the end of 2030, the SOVI price is projected to reach $0.5156, with a cumulative ROI of +145.64%.
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Popular Sovi Finance conversions
Check out these popular currency conversions of Sovi Finance to several fiat currencies.
Sovi Finance to USD
1 SOVI to $ 0.2099 USD
Sovi Finance to GBP
1 SOVI to £ 0.1671 GBP
Sovi Finance to EUR
1 SOVI to € 0.2012 EUR
Sovi Finance to KRW
1 SOVI to ₩ 303.6 KRW
Sovi Finance to CAD
1 SOVI to $ 0.3014 CAD
Sovi Finance to AUD
1 SOVI to $ 0.3352 AUD
Sovi Finance to JPY
1 SOVI to ¥ 32.84 JPY
Sovi Finance to BRL
1 SOVI to R$ 1.28 BRL
Sovi Finance to CNY
1 SOVI to ¥ 1.53 CNY
Sovi Finance to TWD
1 SOVI to NT$ 6.85 TWD
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Explore other cryptocurrencies based on your interest in Sovi Finance.
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1 HIVE to د.م. 3.7 MAD
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1 BTT to د.م. 0.{4}1119 MAD
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FTX Token to MAD
1 FTT to د.م. 28.9 MAD
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1 CHILLGUY to د.م. 1.83 MAD
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1 SHOGGOTH to د.م. 0.5018 MAD
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Steem to MAD
1 STEEM to د.م. 2.25 MAD
LUCE to MAD
1 LUCE to د.م. 0.8738 MAD
IDEX to MAD
1 IDEX to د.م. 0.5957 MAD
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1 LPT to د.م. 151.24 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 Sovi Finance 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 Sovi Finance 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 Sovi Finance 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.
