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Bitget: Ranked top 4 in global daily trading volume!
BTC dominance62.99%
New listings on Bitget: Pi Network
BTC/USDT$85465.49 (+1.19%)Fear and Greed Index32(Fear)
Altcoin season index:0(Bitcoin season)
Coins listed in Pre-MarketINITTotal spot Bitcoin ETF netflow -$0 (1D); -$136.8M (7D).Welcome gift package for new users worth 6200 USDT.Claim now
Trade anytime, anywhere with the Bitget app. Download now
Bitget: Ranked top 4 in global daily trading volume!
BTC dominance62.99%
New listings on Bitget: Pi Network
BTC/USDT$85465.49 (+1.19%)Fear and Greed Index32(Fear)
Altcoin season index:0(Bitcoin season)
Coins listed in Pre-MarketINITTotal spot Bitcoin ETF netflow -$0 (1D); -$136.8M (7D).Welcome gift package for new users worth 6200 USDT.Claim now
Trade anytime, anywhere with the Bitget app. Download now
XMR
MAD
Last updated as of 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 Monero(XMR) to Algerian Dinar(MAD). This is the real-time data. The current conversion shows 1 XMR at a value of 1 XMR for 1,971.21 MAD . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.
MAD information
About Algerian Dinar (DZD)
The Algerian Dinar (DZD), the official currency of Algeria, embodies the country's rich history, cultural heritage, and economic aspirations. It is commonly abbreviated as DZD and represented by the symbol د.ج. Introduced in 1964, two years after Algeria's independence from France, the Dinar is more than just a medium of exchange. It represents Algeria’s journey through post-colonial recovery, socialist policies, and gradual economic liberalization.
Historical Background
The transition to the Algerian Dinar from the Algerian Franc symbolized a significant break from the colonial past and a step towards economic sovereignty. This change was part of a broader movement to assert national identity and foster economic independence in the newly liberated nation.
Design and Symbolism
The design of the Algerian Dinar reflects the country’s historical and cultural legacy. Banknotes and coins feature prominent figures from Algeria’s past, including ancient heroes and modern leaders. They also showcase landmarks, like the Maqam Echahid monument, and natural wonders, symbolizing Algeria's diverse landscapes from the Mediterranean coast to the Sahara desert. These elements are not just decorative; they are powerful symbols of Algeria’s identity and pride.
Economic Role
The Dinar is central to Algeria’s economy, characterized by its significant oil and gas reserves. The currency facilitates trade in these key sectors, as well as in agriculture, manufacturing, and services. The value and stability of the Dinar are crucial for economic growth, affecting everything from government revenue to the cost of imports.
Monetary Policy and Inflation
Managed by the Bank of Algeria, the country’s central bank, the Dinar’s value is influenced by monetary policies, global oil prices, and foreign exchange reserves. The bank faces the challenge of controlling inflation while maintaining sufficient foreign exchange reserves, critical in an economy heavily reliant on hydrocarbon exports.
Bitget crypto-to-fiat exchange data shows that the most popular Monero currency pair is the XMR to MAD, with for Monero's currency code being XMR. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for MAD.
XMR to MAD conversion rate trend
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In the past 1D, Monero has changed -2.01% to MAD. Based on the trend and price charts, Monero(XMR) has changed -2.01% to MAD while Algerian Dinar(MAD) has changed % to XMR in the last 24 hours.
XMR to MAD market statistics
XMR/MAD:
د.م. 1,971.21
XMR 24h volume:
د.م. 580,973,551.88
XMR market cap:
د.م. 36,362,399,838.64
XMR circulating supply:
18.45M XMR
More info about Monero on Bitget
Current XMR to MAD exchange rate
Monero to Algerian Dinar is rising this week.Monero's current market price is د.م. 1,971.21 per XMR, with a total market cap of د.م. 36,362,399,838.64 MAD based on a circulating supply of 18,446,744 XMR. The trading volume of Monero has changed by +5.90% (د.م. 32,384,837.57 MAD) in the last 24 hours. Last trading day, XMR's trading volume was د.م. 548,588,714.31.
XMR to MAD Conversion tables
The exchange rate of Monero is increasing.1 XMR is currently valued at د.م. 1,971.21 MAD , which means buying 5 XMR will cost د.م. 9,856.05 MAD . Similarly, د.م.1 MAD can be traded for 0.0005073 XMR, and د.م.50 MAD can be converted to 0.02537 XMR, excluding any platform or gas fees.
The exchange rate of 1 XMR to Algerian Dinar has changed by +2.27% in the last 7 days. In the last 24 hours, the rate has fluctuated by -2.01%, reaching a high of 2,029.85 MAD and a low of 1,965.29 MAD . One month ago, the value of 1 XMR was د.م. 1,958.36 MAD , which represents a +0.66% change from its current value. Over the last year, Monero has changed by , resulting in a change of +80.54% in its value.
+د.م.
44.67MADXMR to MAD
Amount
14:28 today
0.5 XMR
د.م.985.6
1 XMR
د.م.1,971.21
5 XMR
د.م.9,856.05
10 XMR
د.م.19,712.1
50 XMR
د.م.98,560.48
100 XMR
د.م.197,120.96
500 XMR
د.م.985,604.82
1000 XMR
د.م.1,971,209.64
MAD to XMR
Amount14:28 today
0.5MAD0.0002537 XMR
1MAD0.0005073 XMR
5MAD0.002537 XMR
10MAD0.005073 XMR
50MAD0.02537 XMR
100MAD0.05073 XMR
500MAD0.2537 XMR
1000MAD0.5073 XMR
XMR to MAD Today vs. 24 hours ago
| Amount | 14:28 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 XMR | د.م.985.6 | د.م.1,005.86 | -2.01% |
| 1 XMR | د.م.1,971.21 | د.م.2,011.72 | -2.01% |
| 5 XMR | د.م.9,856.05 | د.م.10,058.61 | -2.01% |
| 10 XMR | د.م.19,712.1 | د.م.20,117.22 | -2.01% |
| 50 XMR | د.م.98,560.48 | د.م.100,586.11 | -2.01% |
| 100 XMR | د.م.197,120.96 | د.م.201,172.21 | -2.01% |
| 500 XMR | د.م.985,604.82 | د.م.1,005,861.07 | -2.01% |
| 1000 XMR | د.م.1,971,209.64 | د.م.2,011,722.15 | -2.01% |
XMR to MAD Today vs. 1 month ago
| Amount | 14:28 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 XMR | د.م.985.6 | د.م.979.18 | +0.66% |
| 1 XMR | د.م.1,971.21 | د.م.1,958.36 | +0.66% |
| 5 XMR | د.م.9,856.05 | د.م.9,791.8 | +0.66% |
| 10 XMR | د.م.19,712.1 | د.م.19,583.61 | +0.66% |
| 50 XMR | د.م.98,560.48 | د.م.97,918.04 | +0.66% |
| 100 XMR | د.م.197,120.96 | د.م.195,836.09 | +0.66% |
| 500 XMR | د.م.985,604.82 | د.م.979,180.43 | +0.66% |
| 1000 XMR | د.م.1,971,209.64 | د.م.1,958,360.86 | +0.66% |
XMR to MAD Today vs. 1 year ago
| Amount | 14:28 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 XMR | د.م.985.6 | د.م.546.14 | +80.54% |
| 1 XMR | د.م.1,971.21 | د.م.1,092.27 | +80.54% |
| 5 XMR | د.م.9,856.05 | د.م.5,461.36 | +80.54% |
| 10 XMR | د.م.19,712.1 | د.م.10,922.71 | +80.54% |
| 50 XMR | د.م.98,560.48 | د.م.54,613.56 | +80.54% |
| 100 XMR | د.م.197,120.96 | د.م.109,227.13 | +80.54% |
| 500 XMR | د.م.985,604.82 | د.م.546,135.63 | +80.54% |
| 1000 XMR | د.م.1,971,209.64 | د.م.1,092,271.27 | +80.54% |
How to convert XMR to MAD
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Convert XMR to MAD
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Buy XMR (or USDT) for MAD (Moroccan Dirham) offers
Bitget P2P trading does not currently support direct buying of XMR with MAD. However, you can buy USDT in Bitget P2P trading first, and then buy XMR with USDT via Bitget spot market.
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Sell XMR (or USDT) for MAD (Moroccan Dirham) offers
Bitget P2P trading currently does not support direct selling of XMR to MAD. However, you can first exchange XMR 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 XMR to MAD?
There are many factors that affect the relationship between Monero and Moroccan Dirham, spanning multiple dimensions such as macroeconomic trends, policy regulation, and technological innovation. Specifically, the following key factors play an important role:
Market sentiment:Investor sentiment and confidence have a significant impact on the dynamics of XMR/MAD. When there is positive news in the market about the widespread adoption of XMR or major technological breakthroughs, it tends to trigger market optimism and drive the rise of XMR/MAD. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in XMR/MAD.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Economic indicators:Macroeconomic factors in the country where the fiat currency is issued—such as inflation rates, interest rates, and key economic growth indicators—play a crucial role in determining the fiat currency's value and indirectly affect the exchange rate of XMR/MAD. For example, high inflation rates may lead to a decrease in market trust in fiat currencies, thereby increasing investors' demand for cryptocurrencies such as Bitcoin as a hedge, driving up their prices.
Technological progress:The continuous development and innovation of blockchain technology, as well as various improvements in the cryptocurrency ecosystem—such as expansion solutions and security enhancements—have provided strong support for the value growth of cryptocurrencies like Bitcoin.
Investors must understand these dynamics to avoid making wrong decisions. After considering these factors, investors should also closely monitor future changes in the price of Monero and adjust their investment strategies accordingly in the evolving market.
Monero Price Prediction
What will the price of XMR be in 2026?
Based on XMR's historical price performance prediction model, the price of XMR is projected to reach $236.05 in 2026.
What will the price of XMR be in 2031?
In 2031, the XMR price is expected to change by +49.00%. By the end of 2031, the XMR price is projected to reach $516.69, with a cumulative ROI of +138.93%.
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Popular Monero Converter
Check out these popular currency conversions of Monero to several fiat currencies.
XMR to TWD
1 XMR to NT$ 6,916.12 TWD
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1 XMR to ¥ 1,553.2 CNY
XMR to USD
1 XMR to $ 212.65 USD
XMR to DZD
1 XMR to د.ج 28,208.14 DZD
XMR to EUR
1 XMR to € 186.99 EUR
XMR to CAD
1 XMR to C$ 294.33 CAD
XMR to KRW
1 XMR to ₩ 301,625.1 KRW
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1 XMR to ¥ 30,280.3 JPY
XMR to GBP
1 XMR to £ 160.3 GBP
XMR to BRL
1 XMR to R$ 1,235.09 BRL
Popular cryptocurrencies to MAD
Explore other cryptocurrencies based on your interest in Monero.
VOXEL to MAD
1 VOXEL to د.م. 0.4787 MAD
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1 PI to د.م. 6.04 MAD
HIGH to MAD
1 HIGH to د.م. 4.9 MAD
TRUMP to MAD
1 TRUMP to د.م. 77.9 MAD
MAVIA to MAD
1 MAVIA to د.م. 1.88 MAD
CORE to MAD
1 CORE to د.م. 6.31 MAD
JASMY to MAD
1 JASMY to د.م. 0.1326 MAD
ALPACA to MAD
1 ALPACA to د.م. 0.3699 MAD
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1 WAXP to د.م. 0.2463 MAD
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1 LUCE to د.م. 0.08369 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 Monero 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 Monero 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 Monero 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.
