VELAR
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 Velar(VELAR) to Moroccan Dirham(MAD). This is the real-time data. The current conversion shows 1 VELAR at a value of 1 VELAR for 0.71 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 Velar currency pair is the VELAR to MAD, with for Velar's currency code being VELAR. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for MAD.
VELAR to MAD conversion rate trend
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In the past 1D, Velar has changed -7.61% to MAD. Based on the trend and price charts, Velar(VELAR) has changed -7.61% to MAD while Moroccan Dirham(MAD) has changed % to VELAR in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | د.م.0.7741 | 0.0200% / 0.0320%  VIP 7 | |
Gate.io | د.م.0.7668 | 0.1000% / 0.1000% | Yes |
Bybit | د.م.0.7745 | 0.1000% / 0.1000% | Yes |
Bitfinex | د.م.0.7719 | 0.1000% / 0.1000% | Yes |
Last updated 2024/11/24 08:00:18(UTC+0)
How to buy Velar
Create Your Free Bitget Account
Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
Verify Your Account
Verify your identity by entering your personal information and uploading a valid photo ID.
Buy Velar (VELAR)
Use a variety of payment options to buy Velar on Bitget. We'll show you how.
Buy VELAR (or USDT) for MAD (Moroccan Dirham) offers
Bitget P2P trading does not currently support direct buying of VELAR with MAD. However, you can buy USDT in Bitget P2P trading first, and then buy VELAR with USDT via Bitget spot market.
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Sell VELAR (or USDT) for MAD (Moroccan Dirham) offers
Bitget P2P trading currently does not support direct selling of VELAR to MAD. However, you can first exchange VELAR 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 Velar to Moroccan Dirham?
Velar to Moroccan Dirham is falling this week.Velar's current market price is د.م. 0.7081 per VELAR, with a total market cap of د.م. 0 MAD based on a circulating supply of -- VELAR. The trading volume of Velar has changed by +49.42% (د.م. 1,580,523.78 MAD) in the last 24 hours. Last trading day, VELAR's trading volume was د.م. 3,198,107.23.
Market cap
$0
24h volume
$475.14K
Circulating supply
0 VELAR
Conversion tables
The exchange rate of Velar is increasing.1 VELAR is currently valued at د.م. 0.7081 MAD , which means buying 5 VELAR will cost د.م. 3.54 MAD . Similarly, د.م.1 MAD can be traded for 1.41 VELAR, and د.م.50 MAD can be converted to 70.61 VELAR, excluding any platform or gas fees.
The exchange rate of 1 VELAR to Moroccan Dirham has changed by -12.62% in the last 7 days. In the last 24 hours, the rate has fluctuated by -7.61%, reaching a high of 0.8079 MAD and a low of 0.7047 MAD . One month ago, the value of 1 VELAR was د.م. 0.5197 MAD , which represents a +36.41% change from its current value. Over the last year, Velar has changed by , resulting in a change of -75.91% in its value.
+د.م.
0.7060MADVELAR to MAD
Amount
14:13 today
0.5 VELAR
د.م.0.3540
1 VELAR
د.م.0.7081
5 VELAR
د.م.3.54
10 VELAR
د.م.7.08
50 VELAR
د.م.35.4
100 VELAR
د.م.70.81
500 VELAR
د.م.354.05
1000 VELAR
د.م.708.1
MAD to VELAR
Amount14:13 today
0.5MAD0.7061 VELAR
1MAD1.41 VELAR
5MAD7.06 VELAR
10MAD14.12 VELAR
50MAD70.61 VELAR
100MAD141.22 VELAR
500MAD706.12 VELAR
1000MAD1,412.24 VELAR
Today vs. 24 hours ago
| Amount | 14:13 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 VELAR | $0.03520 | $0.03810 | -7.61% |
| 1 VELAR | $0.07041 | $0.07619 | -7.61% |
| 5 VELAR | $0.3520 | $0.3810 | -7.61% |
| 10 VELAR | $0.7041 | $0.7619 | -7.61% |
| 50 VELAR | $3.52 | $3.81 | -7.61% |
| 100 VELAR | $7.04 | $7.62 | -7.61% |
| 500 VELAR | $35.2 | $38.1 | -7.61% |
| 1000 VELAR | $70.41 | $76.19 | -7.61% |
Today vs. 1 month ago
| Amount | 14:13 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 VELAR | $0.03520 | $0.02584 | +36.41% |
| 1 VELAR | $0.07041 | $0.05167 | +36.41% |
| 5 VELAR | $0.3520 | $0.2584 | +36.41% |
| 10 VELAR | $0.7041 | $0.5167 | +36.41% |
| 50 VELAR | $3.52 | $2.58 | +36.41% |
| 100 VELAR | $7.04 | $5.17 | +36.41% |
| 500 VELAR | $35.2 | $25.84 | +36.41% |
| 1000 VELAR | $70.41 | $51.67 | +36.41% |
Today vs. 1 year ago
| Amount | 14:13 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 VELAR | $0.03520 | $0.0001051 | -75.91% |
| 1 VELAR | $0.07041 | $0.0002103 | -75.91% |
| 5 VELAR | $0.3520 | $0.001051 | -75.91% |
| 10 VELAR | $0.7041 | $0.002103 | -75.91% |
| 50 VELAR | $3.52 | $0.01051 | -75.91% |
| 100 VELAR | $7.04 | $0.02103 | -75.91% |
| 500 VELAR | $35.2 | $0.1051 | -75.91% |
| 1000 VELAR | $70.41 | $0.2103 | -75.91% |
Velar price prediction
What will the price of VELAR be in 2025?
Based on VELAR's historical price performance prediction model, the price of VELAR is projected to reach $0.1112 in 2025.
What will the price of VELAR be in 2030?
In 2030, the VELAR price is expected to change by +6.00%. By the end of 2030, the VELAR price is projected to reach $0.2748, with a cumulative ROI of +292.83%.
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Popular Velar conversions
Check out these popular currency conversions of Velar to several fiat currencies.
Velar to USD
1 VELAR to $ 0.07041 USD
Velar to GBP
1 VELAR to £ 0.05618 GBP
Velar to EUR
1 VELAR to € 0.06758 EUR
Velar to KRW
1 VELAR to ₩ 98.89 KRW
Velar to CAD
1 VELAR to $ 0.09879 CAD
Velar to AUD
1 VELAR to $ 0.1083 AUD
Velar to JPY
1 VELAR to ¥ 10.9 JPY
Velar to BRL
1 VELAR to R$ 0.4084 BRL
Velar to CNY
1 VELAR to ¥ 0.5106 CNY
Velar to TWD
1 VELAR to NT$ 2.29 TWD
Popular cryptocurrencies to MAD
Explore other cryptocurrencies based on your interest in Velar.
Bitcoin to MAD
1 BTC to د.م. 976,420.21 MAD
MAD to MAD
1 MAD to د.م. 0.0003749 MAD
XRP to MAD
1 XRP to د.م. 13.67 MAD
Stellar to MAD
1 XLM to د.م. 5.16 MAD
Kusama to MAD
1 KSM to د.م. 388.9 MAD
Dogecoin to MAD
1 DOGE to د.م. 4.16 MAD
Hedera to MAD
1 HBAR to د.م. 1.43 MAD
Cardano to MAD
1 ADA to د.م. 9.95 MAD
Polkadot to MAD
1 DOT to د.م. 86.77 MAD
Solana to MAD
1 SOL to د.م. 2,478.09 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 Velar 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 Velar 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 Velar 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.
