MEX
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 xExchange(MEX) to Moroccan Dirham(MAD). This is the real-time data. The current conversion shows 1 MEX at a value of 1 MEX 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 xExchange currency pair is the MEX to MAD, with for xExchange's currency code being MEX. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for MAD.
MEX to MAD conversion rate trend
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In the past 1D, xExchange has changed +5.11% to MAD. Based on the trend and price charts, xExchange(MEX) has changed +5.11% to MAD while Moroccan Dirham(MAD) has changed % to MEX in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | د.م.0.{4}3540 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/11/16 08:32:14(UTC+0)
How to buy xExchange
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Verify your identity by entering your personal information and uploading a valid photo ID.
Buy xExchange (MEX)
Use a variety of payment options to buy xExchange on Bitget. We'll show you how.
Buy MEX (or USDT) for MAD (Moroccan Dirham) offers
Bitget P2P trading does not currently support direct buying of MEX with MAD. However, you can buy USDT in Bitget P2P trading first, and then buy MEX 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 MEX (or USDT) for MAD (Moroccan Dirham) offers
Bitget P2P trading currently does not support direct selling of MEX to MAD. However, you can first exchange MEX 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 xExchange to Moroccan Dirham?
xExchange to Moroccan Dirham is rising this week.xExchange's current market price is د.م. 0.{4}3624 per MEX, with a total market cap of د.م. 0 MAD based on a circulating supply of -- MEX. The trading volume of xExchange has changed by -1.99% (د.م. -45,201.23 MAD) in the last 24 hours. Last trading day, MEX's trading volume was د.م. 2,274,619.11.
Market cap
$0
24h volume
$222.95K
Circulating supply
0 MEX
Conversion tables
The exchange rate of xExchange is increasing.1 MEX is currently valued at د.م. 0.{4}3624 MAD , which means buying 5 MEX will cost د.م. 0.0001812 MAD . Similarly, د.م.1 MAD can be traded for 27,595.06 MEX, and د.م.50 MAD can be converted to 1,379,753.24 MEX, excluding any platform or gas fees.
The exchange rate of 1 MEX to Moroccan Dirham has changed by +2.94% in the last 7 days. In the last 24 hours, the rate has fluctuated by +5.11%, reaching a high of 0.{4}3634 MAD and a low of 0.{4}3430 MAD . One month ago, the value of 1 MEX was د.م. 0.{4}3145 MAD , which represents a +15.24% change from its current value. Over the last year, xExchange has changed by , resulting in a change of -46.46% in its value.
-د.م.
0.{4}3145MADMEX to MAD
Amount
13:52 today
0.5 MEX
د.م.0.{4}1812
1 MEX
د.م.0.{4}3624
5 MEX
د.م.0.0001812
10 MEX
د.م.0.0003624
50 MEX
د.م.0.001812
100 MEX
د.م.0.003624
500 MEX
د.م.0.01812
1000 MEX
د.م.0.03624
MAD to MEX
Amount13:52 today
0.5MAD13,797.53 MEX
1MAD27,595.06 MEX
5MAD137,975.32 MEX
10MAD275,950.65 MEX
50MAD1,379,753.24 MEX
100MAD2,759,506.47 MEX
500MAD13,797,532.36 MEX
1000MAD27,595,064.73 MEX
Today vs. 24 hours ago
| Amount | 13:52 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 MEX | $0.{5}1812 | $0.{5}1724 | +5.11% |
| 1 MEX | $0.{5}3624 | $0.{5}3448 | +5.11% |
| 5 MEX | $0.{4}1812 | $0.{4}1724 | +5.11% |
| 10 MEX | $0.{4}3624 | $0.{4}3448 | +5.11% |
| 50 MEX | $0.0001812 | $0.0001724 | +5.11% |
| 100 MEX | $0.0003624 | $0.0003448 | +5.11% |
| 500 MEX | $0.001812 | $0.001724 | +5.11% |
| 1000 MEX | $0.003624 | $0.003448 | +5.11% |
Today vs. 1 month ago
| Amount | 13:52 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 MEX | $0.{5}1812 | $0.{5}1572 | +15.24% |
| 1 MEX | $0.{5}3624 | $0.{5}3145 | +15.24% |
| 5 MEX | $0.{4}1812 | $0.{4}1572 | +15.24% |
| 10 MEX | $0.{4}3624 | $0.{4}3145 | +15.24% |
| 50 MEX | $0.0001812 | $0.0001572 | +15.24% |
| 100 MEX | $0.0003624 | $0.0003145 | +15.24% |
| 500 MEX | $0.001812 | $0.001572 | +15.24% |
| 1000 MEX | $0.003624 | $0.003145 | +15.24% |
Today vs. 1 year ago
| Amount | 13:52 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 MEX | $0.{5}1812 | $0.{5}3385 | -46.46% |
| 1 MEX | $0.{5}3624 | $0.{5}6769 | -46.46% |
| 5 MEX | $0.{4}1812 | $0.{4}3385 | -46.46% |
| 10 MEX | $0.{4}3624 | $0.{4}6769 | -46.46% |
| 50 MEX | $0.0001812 | $0.0003385 | -46.46% |
| 100 MEX | $0.0003624 | $0.0006769 | -46.46% |
| 500 MEX | $0.001812 | $0.003385 | -46.46% |
| 1000 MEX | $0.003624 | $0.006769 | -46.46% |
xExchange price prediction
What will the price of MEX be in 2025?
Based on MEX's historical price performance prediction model, the price of MEX is projected to reach $0.{5}6385 in 2025.
What will the price of MEX be in 2030?
In 2030, the MEX price is expected to change by +4.00%. By the end of 2030, the MEX price is projected to reach $0.{5}9696, with a cumulative ROI of +176.94%.
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Popular xExchange conversions
Check out these popular currency conversions of xExchange to several fiat currencies.
xExchange to USD
1 MEX to $ 0.{5}3624 USD
xExchange to GBP
1 MEX to £ 0.{5}2872 GBP
xExchange to EUR
1 MEX to € 0.{5}3437 EUR
xExchange to KRW
1 MEX to ₩ 0.005059 KRW
xExchange to CAD
1 MEX to $ 0.{5}5110 CAD
xExchange to AUD
1 MEX to $ 0.{5}5609 AUD
xExchange to JPY
1 MEX to ¥ 0.0005593 JPY
xExchange to BRL
1 MEX to R$ 0.{4}2101 BRL
xExchange to CNY
1 MEX to ¥ 0.{4}2623 CNY
xExchange to TWD
1 MEX to NT$ 0.0001177 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 xExchange 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 xExchange 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 xExchange 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.
