VELA
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 Vela Exchange(VELA) to Moroccan Dirham(MAD). This is the real-time data. The current conversion shows 1 VELA at a value of 1 VELA for 0.31 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 Vela Exchange currency pair is the VELA to MAD, with for Vela Exchange's currency code being VELA. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for MAD.
VELA to MAD conversion rate trend
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In the past 1D, Vela Exchange has changed -4.86% to MAD. Based on the trend and price charts, Vela Exchange(VELA) has changed -4.86% to MAD while Moroccan Dirham(MAD) has changed % to VELA in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | د.م.0.3004 | 0.0200% / 0.0320%  VIP 7 | |
OKX | د.م.0.3004 | 0.080% / 0.100% | Yes |
Gate.io | د.م.0.2973 | 0.1000% / 0.1000% | Yes |
Bybit | د.م.0.2994 | 0.1000% / 0.1000% | Yes |
Last updated 2024/11/02 16:00:22(UTC+0)
How to buy Vela Exchange
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Buy Vela Exchange (VELA)
Use a variety of payment options to buy Vela Exchange on Bitget. We'll show you how.
Learn MoreBuy VELA (or USDT) for MAD (Moroccan Dirham) offers
Bitget P2P trading does not currently support direct buying of VELA with MAD. However, you can buy USDT in Bitget P2P trading first, and then buy VELA with USDT via Bitget spot market.
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Sell VELA (or USDT) for MAD (Moroccan Dirham) offers
Bitget P2P trading currently does not support direct selling of VELA to MAD. However, you can first exchange VELA 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 Vela Exchange to Moroccan Dirham?
Vela Exchange to Moroccan Dirham is falling this week.Vela Exchange's current market price is د.م. 0.3070 per VELA, with a total market cap of د.م. 0 MAD based on a circulating supply of -- VELA. The trading volume of Vela Exchange has changed by -29.44% (د.م. -1,588,135.19 MAD) in the last 24 hours. Last trading day, VELA's trading volume was د.م. 5,394,242.75.
Market cap
$0
24h volume
$387.77K
Circulating supply
0 VELA
Conversion tables
The exchange rate of Vela Exchange is decreasing.1 VELA is currently valued at د.م. 0.3070 MAD , which means buying 5 VELA will cost د.م. 1.53 MAD . Similarly, د.م.1 MAD can be traded for 3.26 VELA, and د.م.50 MAD can be converted to 162.88 VELA, excluding any platform or gas fees.
The exchange rate of 1 VELA to Moroccan Dirham has changed by -64.92% in the last 7 days. In the last 24 hours, the rate has fluctuated by -4.86%, reaching a high of 0.3165 MAD and a low of 0.2921 MAD . One month ago, the value of 1 VELA was د.م. 1.61 MAD , which represents a -80.98% change from its current value. Over the last year, Vela Exchange has changed by , resulting in a change of -95.38% in its value.
-د.م.
6.33MADVELA to MAD
Amount
17:20 today
0.5 VELA
د.م.0.1535
1 VELA
د.م.0.3070
5 VELA
د.م.1.53
10 VELA
د.م.3.07
50 VELA
د.م.15.35
100 VELA
د.م.30.7
500 VELA
د.م.153.49
1000 VELA
د.م.306.97
MAD to VELA
Amount17:20 today
0.5MAD1.63 VELA
1MAD3.26 VELA
5MAD16.29 VELA
10MAD32.58 VELA
50MAD162.88 VELA
100MAD325.76 VELA
500MAD1,628.81 VELA
1000MAD3,257.61 VELA
Today vs. 24 hours ago
| Amount | 17:20 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 VELA | $0.01564 | $0.01644 | -4.86% |
| 1 VELA | $0.03127 | $0.03287 | -4.86% |
| 5 VELA | $0.1564 | $0.1644 | -4.86% |
| 10 VELA | $0.3127 | $0.3287 | -4.86% |
| 50 VELA | $1.56 | $1.64 | -4.86% |
| 100 VELA | $3.13 | $3.29 | -4.86% |
| 500 VELA | $15.64 | $16.44 | -4.86% |
| 1000 VELA | $31.27 | $32.87 | -4.86% |
Today vs. 1 month ago
| Amount | 17:20 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 VELA | $0.01564 | $0.08220 | -80.98% |
| 1 VELA | $0.03127 | $0.1644 | -80.98% |
| 5 VELA | $0.1564 | $0.8220 | -80.98% |
| 10 VELA | $0.3127 | $1.64 | -80.98% |
| 50 VELA | $1.56 | $8.22 | -80.98% |
| 100 VELA | $3.13 | $16.44 | -80.98% |
| 500 VELA | $15.64 | $82.2 | -80.98% |
| 1000 VELA | $31.27 | $164.4 | -80.98% |
Today vs. 1 year ago
| Amount | 17:20 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 VELA | $0.01564 | $0.3382 | -95.38% |
| 1 VELA | $0.03127 | $0.6765 | -95.38% |
| 5 VELA | $0.1564 | $3.38 | -95.38% |
| 10 VELA | $0.3127 | $6.76 | -95.38% |
| 50 VELA | $1.56 | $33.82 | -95.38% |
| 100 VELA | $3.13 | $67.65 | -95.38% |
| 500 VELA | $15.64 | $338.24 | -95.38% |
| 1000 VELA | $31.27 | $676.48 | -95.38% |
Vela Exchange price prediction
What will the price of VELA be in 2025?
Based on VELA's historical price performance prediction model, the price of VELA is projected to reach $0.1674 in 2025.
What will the price of VELA be in 2030?
In 2030, the VELA price is expected to change by +10.00%. By the end of 2030, the VELA price is projected to reach $0.3791, with a cumulative ROI of +708.12%.
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Popular Vela Exchange conversions
Check out these popular currency conversions of Vela Exchange to several fiat currencies.
Vela Exchange to USD
1 VELA to $ 0.03127 USD
Vela Exchange to GBP
1 VELA to £ 0.02420 GBP
Vela Exchange to EUR
1 VELA to € 0.02877 EUR
Vela Exchange to KRW
1 VELA to ₩ 43.17 KRW
Vela Exchange to CAD
1 VELA to $ 0.04368 CAD
Vela Exchange to AUD
1 VELA to $ 0.04767 AUD
Vela Exchange to JPY
1 VELA to ¥ 4.78 JPY
Vela Exchange to BRL
1 VELA to R$ 0.1836 BRL
Vela Exchange to CNY
1 VELA to ¥ 0.2229 CNY
Vela Exchange to TWD
1 VELA to NT$ 0.9988 TWD
Popular cryptocurrencies to MAD
Explore other cryptocurrencies based on your interest in Vela Exchange.
Bitcoin to MAD
1 BTC to د.م. 682,101.34 MAD
Grass to MAD
1 GRASS to د.م. -- MAD
Solana to MAD
1 SOL to د.م. 1,615.17 MAD
Sui to MAD
1 SUI to د.م. 18.78 MAD
Dogecoin to MAD
1 DOGE to د.م. 1.55 MAD
Ethereum to MAD
1 ETH to د.م. 24,450.6 MAD
Pepe to MAD
1 PEPE to د.م. 0.{4}8545 MAD
Virtuals Protocol to MAD
1 VIRTUAL to د.م. 4.34 MAD
Goatseus Maximus to MAD
1 GOAT to د.م. 4.5 MAD
BNB to MAD
1 BNB to د.م. 5,581.64 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 Vela Exchange 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 Vela Exchange 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 Vela Exchange 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.
