DAI
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 Dai(DAI) to Moroccan Dirham(MAD). This is the real-time data. The current conversion shows 1 DAI at a value of 1 DAI for 10.06 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 Dai currency pair is the DAI to MAD, with for Dai's currency code being DAI. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for MAD.
DAI to MAD conversion rate trend
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In the past 1D, Dai has changed -0.02% to MAD. Based on the trend and price charts, Dai(DAI) has changed -0.02% to MAD while Moroccan Dirham(MAD) has changed % to DAI in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | د.م.10.04 | 0.0200% / 0.0320%  VIP 7 | |
Kraken | د.م.10.05 | 0.1000% / 0.1000% | Yes |
OKX | د.م.10.04 | 0.080% / 0.100% | Yes |
Huobi | د.م.10.07 | 0.1000% / 0.1000% | Yes |
Gate.io | د.م.10.04 | 0.1000% / 0.1000% | Yes |
Bybit | د.م.10.04 | 0.1000% / 0.1000% | Yes |
Last updated 2024/11/24 00:00:19(UTC+0)
How to buy Dai
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Buy Dai (DAI)
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Buy DAI (or USDT) for MAD (Moroccan Dirham) offers
Bitget P2P trading does not currently support direct buying of DAI with MAD. However, you can buy USDT in Bitget P2P trading first, and then buy DAI with USDT via Bitget spot market.
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Sell DAI (or USDT) for MAD (Moroccan Dirham) offers
Bitget P2P trading currently does not support direct selling of DAI to MAD. However, you can first exchange DAI for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
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What factors influence the conversion rate of Dai to Moroccan Dirham?
Dai to Moroccan Dirham is rising this week.Dai's current market price is د.م. 10.06 per DAI, with a total market cap of د.م. 53,955,777,182.81 MAD based on a circulating supply of 5,365,382,700 DAI. The trading volume of Dai has changed by -3.21% (د.م. -46,902,543.85 MAD) in the last 24 hours. Last trading day, DAI's trading volume was د.م. 1,460,319,566.98.
Market cap
$5.36B
24h volume
$140.54M
Circulating supply
5.37B DAI
Conversion tables
The exchange rate of Dai is increasing.1 DAI is currently valued at د.م. 10.06 MAD , which means buying 5 DAI will cost د.م. 50.28 MAD . Similarly, د.م.1 MAD can be traded for 0.09944 DAI, and د.م.50 MAD can be converted to 4.97 DAI, excluding any platform or gas fees.
The exchange rate of 1 DAI to Moroccan Dirham has changed by +0.00% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.02%, reaching a high of 10.06 MAD and a low of 10.05 MAD . One month ago, the value of 1 DAI was د.م. 10.05 MAD , which represents a +0.02% change from its current value. Over the last year, Dai has changed by , resulting in a change of -0.02% in its value.
-د.م.
0.001781MADDAI to MAD
Amount
07:29 am today
0.5 DAI
د.م.5.03
1 DAI
د.م.10.06
5 DAI
د.م.50.28
10 DAI
د.م.100.56
50 DAI
د.م.502.81
100 DAI
د.م.1,005.63
500 DAI
د.م.5,028.14
1000 DAI
د.م.10,056.28
MAD to DAI
Amount07:29 am today
0.5MAD0.04972 DAI
1MAD0.09944 DAI
5MAD0.4972 DAI
10MAD0.9944 DAI
50MAD4.97 DAI
100MAD9.94 DAI
500MAD49.72 DAI
1000MAD99.44 DAI
Today vs. 24 hours ago
| Amount | 07:29 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 DAI | $0.4999 | $0.5000 | -0.02% |
| 1 DAI | $0.9999 | $1 | -0.02% |
| 5 DAI | $5 | $5 | -0.02% |
| 10 DAI | $10 | $10 | -0.02% |
| 50 DAI | $49.99 | $50 | -0.02% |
| 100 DAI | $99.99 | $100.01 | -0.02% |
| 500 DAI | $499.95 | $500.05 | -0.02% |
| 1000 DAI | $999.9 | $1,000.1 | -0.02% |
Today vs. 1 month ago
| Amount | 07:29 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 DAI | $0.4999 | $0.4999 | +0.02% |
| 1 DAI | $0.9999 | $0.9997 | +0.02% |
| 5 DAI | $5 | $5 | +0.02% |
| 10 DAI | $10 | $10 | +0.02% |
| 50 DAI | $49.99 | $49.99 | +0.02% |
| 100 DAI | $99.99 | $99.97 | +0.02% |
| 500 DAI | $499.95 | $499.86 | +0.02% |
| 1000 DAI | $999.9 | $999.71 | +0.02% |
Today vs. 1 year ago
| Amount | 07:29 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 DAI | $0.4999 | $0.5000 | -0.02% |
| 1 DAI | $0.9999 | $1 | -0.02% |
| 5 DAI | $5 | $5 | -0.02% |
| 10 DAI | $10 | $10 | -0.02% |
| 50 DAI | $49.99 | $50 | -0.02% |
| 100 DAI | $99.99 | $100.01 | -0.02% |
| 500 DAI | $499.95 | $500.04 | -0.02% |
| 1000 DAI | $999.9 | $1,000.08 | -0.02% |
Dai price prediction
What will the price of DAI be in 2025?
Based on DAI's historical price performance prediction model, the price of DAI is projected to reach $1.13 in 2025.
What will the price of DAI be in 2030?
In 2030, the DAI price is expected to change by +8.00%. By the end of 2030, the DAI price is projected to reach $2.63, with a cumulative ROI of +163.07%.
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Popular Dai conversions
Check out these popular currency conversions of Dai to several fiat currencies.
Dai to USD
1 DAI to $ 0.9999 USD
Dai to GBP
1 DAI to £ 0.7979 GBP
Dai to EUR
1 DAI to € 0.9597 EUR
Dai to KRW
1 DAI to ₩ 1,404.37 KRW
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1 DAI to $ 1.4 CAD
Dai to AUD
1 DAI to $ 1.54 AUD
Dai to JPY
1 DAI to ¥ 154.75 JPY
Dai to BRL
1 DAI to R$ 5.8 BRL
Dai to CNY
1 DAI to ¥ 7.25 CNY
Dai to TWD
1 DAI to NT$ 32.58 TWD
Popular cryptocurrencies to MAD
Explore other cryptocurrencies based on your interest in Dai.
Bitcoin to MAD
1 BTC to د.م. 989,693.43 MAD
MAD to MAD
1 MAD to د.م. 0.0003052 MAD
XRP to MAD
1 XRP to د.م. 14.79 MAD
Stellar to MAD
1 XLM to د.م. 5.82 MAD
Kusama to MAD
1 KSM to د.م. 459.8 MAD
Dogecoin to MAD
1 DOGE to د.م. 4.42 MAD
Hedera to MAD
1 HBAR to د.م. 1.53 MAD
Cardano to MAD
1 ADA to د.م. 10.73 MAD
Polkadot to MAD
1 DOT to د.م. 90.61 MAD
Solana to MAD
1 SOL to د.م. 2,575.01 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 Dai 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 Dai 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 Dai 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.
