MAG
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 Magnum Trading(MAG) to Moroccan Dirham(MAD). This is the real-time data. The current conversion shows 1 MAG at a value of 1 MAG for 0.85 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 Magnum Trading currency pair is the MAG to MAD, with for Magnum Trading's currency code being MAG. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for MAD.
MAG to MAD conversion rate trend
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In the past 1D, Magnum Trading has changed -3.57% to MAD. Based on the trend and price charts, Magnum Trading(MAG) has changed -3.57% to MAD while Moroccan Dirham(MAD) has changed % to MAG in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | د.م.0.8460 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/11/05 16:35:31(UTC+0)
How to buy Magnum Trading
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Verify your identity by entering your personal information and uploading a valid photo ID.
Buy Magnum Trading (MAG)
Use a variety of payment options to buy Magnum Trading on Bitget. We'll show you how.
Buy MAG (or USDT) for MAD (Moroccan Dirham) offers
Bitget P2P trading does not currently support direct buying of MAG with MAD. However, you can buy USDT in Bitget P2P trading first, and then buy MAG 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 MAG (or USDT) for MAD (Moroccan Dirham) offers
Bitget P2P trading currently does not support direct selling of MAG to MAD. However, you can first exchange MAG 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 Magnum Trading to Moroccan Dirham?
Magnum Trading to Moroccan Dirham is falling this week.Magnum Trading's current market price is د.م. 0.8460 per MAG, with a total market cap of د.م. 0 MAD based on a circulating supply of -- MAG. The trading volume of Magnum Trading has changed by -100.00% (د.م. 0 MAD) in the last 24 hours. Last trading day, MAG's trading volume was د.م. 0.
Market cap
$0
24h volume
$0
Circulating supply
0 MAG
Conversion tables
The exchange rate of Magnum Trading is increasing.1 MAG is currently valued at د.م. 0.8460 MAD , which means buying 5 MAG will cost د.م. 4.23 MAD . Similarly, د.م.1 MAD can be traded for 1.18 MAG, and د.م.50 MAD can be converted to 59.1 MAG, excluding any platform or gas fees.
The exchange rate of 1 MAG to Moroccan Dirham has changed by -10.38% in the last 7 days. In the last 24 hours, the rate has fluctuated by -3.57%, reaching a high of 0.8773 MAD and a low of 0.8460 MAD . One month ago, the value of 1 MAG was د.م. 0.6739 MAD , which represents a +25.54% change from its current value. Over the last year, Magnum Trading has changed by , resulting in a change of -82.91% in its value.
+د.م.
0.8460MADMAG to MAD
Amount
00:13 am today
0.5 MAG
د.م.0.4230
1 MAG
د.م.0.8460
5 MAG
د.م.4.23
10 MAG
د.م.8.46
50 MAG
د.م.42.3
100 MAG
د.م.84.6
500 MAG
د.م.423
1000 MAG
د.م.845.99
MAD to MAG
Amount00:13 am today
0.5MAD0.5910 MAG
1MAD1.18 MAG
5MAD5.91 MAG
10MAD11.82 MAG
50MAD59.1 MAG
100MAD118.2 MAG
500MAD591.02 MAG
1000MAD1,182.05 MAG
Today vs. 24 hours ago
| Amount | 00:13 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 MAG | $0.04321 | $0.04481 | -3.57% |
| 1 MAG | $0.08641 | $0.08961 | -3.57% |
| 5 MAG | $0.4321 | $0.4481 | -3.57% |
| 10 MAG | $0.8641 | $0.8961 | -3.57% |
| 50 MAG | $4.32 | $4.48 | -3.57% |
| 100 MAG | $8.64 | $8.96 | -3.57% |
| 500 MAG | $43.21 | $44.81 | -3.57% |
| 1000 MAG | $86.41 | $89.61 | -3.57% |
Today vs. 1 month ago
| Amount | 00:13 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 MAG | $0.04321 | $0.03442 | +25.54% |
| 1 MAG | $0.08641 | $0.06883 | +25.54% |
| 5 MAG | $0.4321 | $0.3442 | +25.54% |
| 10 MAG | $0.8641 | $0.6883 | +25.54% |
| 50 MAG | $4.32 | $3.44 | +25.54% |
| 100 MAG | $8.64 | $6.88 | +25.54% |
| 500 MAG | $43.21 | $34.42 | +25.54% |
| 1000 MAG | $86.41 | $68.83 | +25.54% |
Today vs. 1 year ago
| Amount | 00:13 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 MAG | $0.04321 | $0.00 | -82.91% |
| 1 MAG | $0.08641 | $0.00 | -82.91% |
| 5 MAG | $0.4321 | $0.00 | -82.91% |
| 10 MAG | $0.8641 | $0.00 | -82.91% |
| 50 MAG | $4.32 | $0.00 | -82.91% |
| 100 MAG | $8.64 | $0.00 | -82.91% |
| 500 MAG | $43.21 | $0.00 | -82.91% |
| 1000 MAG | $86.41 | $0.00 | -82.91% |
Magnum Trading price prediction
What will the price of MAG be in 2025?
Based on MAG's historical price performance prediction model, the price of MAG is projected to reach $0.2050 in 2025.
What will the price of MAG be in 2030?
In 2030, the MAG price is expected to change by -17.00%. By the end of 2030, the MAG price is projected to reach $0.1942, with a cumulative ROI of +124.69%.
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Popular Magnum Trading conversions
Check out these popular currency conversions of Magnum Trading to several fiat currencies.
Magnum Trading to USD
1 MAG to $ 0.08641 USD
Magnum Trading to GBP
1 MAG to £ 0.06625 GBP
Magnum Trading to EUR
1 MAG to € 0.07906 EUR
Magnum Trading to KRW
1 MAG to ₩ 119.11 KRW
Magnum Trading to CAD
1 MAG to $ 0.1195 CAD
Magnum Trading to AUD
1 MAG to $ 0.1302 AUD
Magnum Trading to JPY
1 MAG to ¥ 13.1 JPY
Magnum Trading to BRL
1 MAG to R$ 0.4970 BRL
Magnum Trading to CNY
1 MAG to ¥ 0.6138 CNY
Magnum Trading to TWD
1 MAG to NT$ 2.76 TWD
Popular cryptocurrencies to MAD
Explore other cryptocurrencies based on your interest in Magnum Trading.
Bitcoin to MAD
1 BTC to د.م. 681,161.86 MAD
Super Trump Coin to MAD
1 STRUMP to د.م. 0.05703 MAD
Grass to MAD
1 GRASS to د.م. -- MAD
Xodex to MAD
1 XODEX to د.م. 0.002714 MAD
Solana to MAD
1 SOL to د.م. 1,633.94 MAD
Dogecoin to MAD
1 DOGE to د.م. 1.67 MAD
Sui to MAD
1 SUI to د.م. 19.61 MAD
Ethereum to MAD
1 ETH to د.م. 23,773.25 MAD
TROY to MAD
1 TROY to د.م. 0.04415 MAD
Pepe to MAD
1 PEPE to د.م. 0.{4}8424 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 Magnum Trading 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 Magnum Trading 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 Magnum Trading 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.
