EFX
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 Effect AI(EFX) to Moroccan Dirham(MAD). This is the real-time data. The current conversion shows 1 EFX at a value of 1 EFX for 0.08 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 Effect AI currency pair is the EFX to MAD, with for Effect AI's currency code being EFX. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for MAD.
EFX to MAD conversion rate trend
1D7D1M3M1YAll
In the past 1D, Effect AI has changed +1.15% to MAD. Based on the trend and price charts, Effect AI(EFX) has changed +1.15% to MAD while Moroccan Dirham(MAD) has changed % to EFX in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | د.م.0.07725 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/09/09 08:31:04(UTC+0)
How to buy Effect AI
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Buy Effect AI (EFX)
Use a variety of payment options to buy Effect AI on Bitget. We'll show you how.
Buy EFX (or USDT) for MAD (Moroccan Dirham) offers
Bitget P2P trading does not currently support direct buying of EFX with MAD. However, you can buy USDT in Bitget P2P trading first, and then buy EFX 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 EFX (or USDT) for MAD (Moroccan Dirham) offers
Bitget P2P trading currently does not support direct selling of EFX to MAD. However, you can first exchange EFX 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 Effect AI to Moroccan Dirham?
Effect AI to Moroccan Dirham is falling this week.Effect AI's current market price is د.م. 0.07749 per EFX, with a total market cap of د.م. 19,541,485.97 MAD based on a circulating supply of 252,168,530 EFX. The trading volume of Effect AI has changed by -76.53% (د.م. -22,589.08 MAD) in the last 24 hours. Last trading day, EFX's trading volume was د.م. 29,518.3.
Market cap
$2.01M
24h volume
$712.02502466
Circulating supply
252.17M EFX
Conversion tables
The exchange rate of Effect AI is decreasing.1 EFX is currently valued at د.م. 0.07749 MAD , which means buying 5 EFX will cost د.م. 0.3875 MAD . Similarly, د.م.1 MAD can be traded for 12.9 EFX, and د.م.50 MAD can be converted to 645.21 EFX, excluding any platform or gas fees.
The exchange rate of 1 EFX to Moroccan Dirham has changed by -0.28% in the last 7 days. In the last 24 hours, the rate has fluctuated by +1.15%, reaching a high of 0.07823 MAD and a low of 0.07526 MAD . One month ago, the value of 1 EFX was د.م. 0.09928 MAD , which represents a -21.95% change from its current value. Over the last year, Effect AI has changed by , resulting in a change of +245.78% in its value.
+د.م.
0.05508MADEFX to MAD
Amount
13:41 today
0.5 EFX
د.م.0.03875
1 EFX
د.م.0.07749
5 EFX
د.م.0.3875
10 EFX
د.م.0.7749
50 EFX
د.م.3.87
100 EFX
د.م.7.75
500 EFX
د.م.38.75
1000 EFX
د.م.77.49
MAD to EFX
Amount13:41 today
0.5MAD6.45 EFX
1MAD12.9 EFX
5MAD64.52 EFX
10MAD129.04 EFX
50MAD645.21 EFX
100MAD1,290.43 EFX
500MAD6,452.13 EFX
1000MAD12,904.27 EFX
Today vs. 24 hours ago
| Amount | 13:41 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 EFX | $0.003982 | $0.003936 | +1.15% |
| 1 EFX | $0.007963 | $0.007873 | +1.15% |
| 5 EFX | $0.03982 | $0.03936 | +1.15% |
| 10 EFX | $0.07963 | $0.07873 | +1.15% |
| 50 EFX | $0.3982 | $0.3936 | +1.15% |
| 100 EFX | $0.7963 | $0.7873 | +1.15% |
| 500 EFX | $3.98 | $3.94 | +1.15% |
| 1000 EFX | $7.96 | $7.87 | +1.15% |
Today vs. 1 month ago
| Amount | 13:41 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 EFX | $0.003982 | $0.005101 | -21.95% |
| 1 EFX | $0.007963 | $0.01020 | -21.95% |
| 5 EFX | $0.03982 | $0.05101 | -21.95% |
| 10 EFX | $0.07963 | $0.1020 | -21.95% |
| 50 EFX | $0.3982 | $0.5101 | -21.95% |
| 100 EFX | $0.7963 | $1.02 | -21.95% |
| 500 EFX | $3.98 | $5.1 | -21.95% |
| 1000 EFX | $7.96 | $10.2 | -21.95% |
Today vs. 1 year ago
| Amount | 13:41 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 EFX | $0.003982 | $0.001151 | +245.78% |
| 1 EFX | $0.007963 | $0.002303 | +245.78% |
| 5 EFX | $0.03982 | $0.01151 | +245.78% |
| 10 EFX | $0.07963 | $0.02303 | +245.78% |
| 50 EFX | $0.3982 | $0.1151 | +245.78% |
| 100 EFX | $0.7963 | $0.2303 | +245.78% |
| 500 EFX | $3.98 | $1.15 | +245.78% |
| 1000 EFX | $7.96 | $2.3 | +245.78% |
Effect AI price prediction
What will the price of EFX be in 2025?
Based on EFX's historical price performance prediction model, the price of EFX is projected to reach $0.007859 in 2025.
What will the price of EFX be in 2030?
In 2030, the EFX price is expected to change by -5.00%. By the end of 2030, the EFX price is projected to reach $0.01051, with a cumulative ROI of +37.49%.
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Popular Effect AI conversions
Check out these popular currency conversions of Effect AI to several fiat currencies.
Effect AI to USD
1 EFX to $ 0.007963 USD
Effect AI to GBP
1 EFX to £ 0.006084 GBP
Effect AI to EUR
1 EFX to € 0.007209 EUR
Effect AI to KRW
1 EFX to ₩ 10.71 KRW
Effect AI to CAD
1 EFX to $ 0.01080 CAD
Effect AI to AUD
1 EFX to $ 0.01196 AUD
Effect AI to JPY
1 EFX to ¥ 1.14 JPY
Effect AI to BRL
1 EFX to R$ 0.04459 BRL
Effect AI to CNY
1 EFX to ¥ 0.05665 CNY
Effect AI to TWD
1 EFX to NT$ 0.2559 TWD
Popular cryptocurrencies to MAD
Explore other cryptocurrencies based on your interest in Effect AI.
DOGS to MAD
1 DOGS to د.م. -- MAD
SwissCheese to MAD
1 SWCH to د.م. 4.65 MAD
Bitcoin to MAD
1 BTC to د.م. 540,164.14 MAD
Neiro Ethereum to MAD
1 NEIRO to د.م. 1.72 MAD
Simon's Cat to MAD
1 CAT to د.م. -- MAD
Toncoin to MAD
1 TON to د.م. 49.68 MAD
Sui to MAD
1 SUI to د.م. 8.91 MAD
Solana to MAD
1 SOL to د.م. 1,255.6 MAD
Ethereum to MAD
1 ETH to د.م. 22,503.62 MAD
To The Sun to MAD
1 SUNPUMP to د.م. -- 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 Effect AI 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 Effect AI 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 Effect AI 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.
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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.
