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COVAL to MAD Converter and calculator

COVAL/MAD: 1 COVAL = 0.008158 MAD. The price of converting 1 Circuits of Value (COVAL) to Moroccan Dirham (MAD) is 0.008158 MAD today.
COVAL
COVAL
MAD
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides COVAL to MAD real-time exchange rates, making it easy to convert Circuits of Value (COVAL) to Moroccan Dirham (MAD). The conversion result is based on real-time data. The conversion result shows that 1 COVAL is currently valued at 0.01 MAD. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 COVAL is currently valued at 0.01 MAD, which means buying 5 COVAL would cost 0.04 MAD. Similarly, د.م.1 MAD can be converted to 122.58 COVAL, and د.م.50 MAD can be converted to 612.92 COVAL, excluding any platform or gas fees.

Convert COVAL to MAD

Convert MAD to COVAL

Circuits of Value
Moroccan Dirham
1 COVAL
0.008158  MAD
10 COVAL
0.08158  MAD
100 COVAL
0.8158  MAD
5000 COVAL
40.79  MAD
10000 COVAL
81.58  MAD
In the table above, you'll find a comprehensive COVAL to MAD converter that shows the value of Circuits of Value in Moroccan Dirham across commonly used conversion amounts. The list covers conversions from 1 COVAL to MAD, all the way up to 10000 COVAL, providing a clear view of their respective values.
Moroccan Dirham
Circuits of Value
100 MAD
12,258.43 COVAL
200 MAD
24,516.86 COVAL
500 MAD
61,292.15 COVAL
1000 MAD
122,584.3 COVAL
2000 MAD
245,168.6 COVAL
5000 MAD
612,921.5 COVAL
10000 MAD
1,225,843 COVAL
50000 MAD
6,129,214.99 COVAL
100000 MAD
12,258,429.97 COVAL
In the table above, you'll find a comprehensive MAD to COVAL converter that shows the value of Moroccan Dirham in Circuits of Value across commonly used conversion amounts. The list covers conversions from 1 MAD to COVAL, all the way up to 100000 MAD, providing a clear view of their respective values.

COVAL to MAD chart

COVAL/MAD: 1 COVAL = 0.008158 MAD; 2025/05/10 14:22:48
In the past 1D, Circuits of Value has changed -0.61% to MAD. Based on the trend and price charts, Circuits of Value(COVAL) has changed -0.61% to MAD while Moroccan Dirham(MAD) has changed % to COVAL in the last 24 hours.
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COVAL to MAD conversion data: Volatility and price changes of Circuits of Value in MAD

The highest Circuits of Value price in MAD over the past 7 days was 0.008304 MAD while the lowest Circuits of Value price in MAD over the past 7 days was 0.006644 MAD. The relative change between the highs and lows in Circuits of Value price in MAD over the last 7 days indicates a volatility of %. You can view additional volatility data and COVAL to MAD prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hoursLast 7 daysLast 30 daysLast 90 days
High
0.008230 MAD
0.008304 MAD
0.008304 MAD
0.01329 MAD
Low
0.008112 MAD
0.006644 MAD
0.004768 MAD
0.004768 MAD
Average
0 MAD
0 MAD
0 MAD
0 MAD
Volatility
%
%
%
%
Change
-0.61%
+17.40%
+33.02%
-3.98%

Circuits of Value information

COVAL to MAD market statistics

COVAL/MAD:
د.م.0.008158
COVAL 24h volume:
د.م.196,310.32
COVAL market cap:
د.م.14,560,090.38
COVAL circulating supply:
1.78B COVAL

Current COVAL to MAD exchange rate

Circuits of Value to Moroccan Dirham is rising this week.
Circuits of Value's current market price is د.م.0.008158 per COVAL, with a total market cap of د.م.14,560,090.38 MAD based on a circulating supply of 1,784,838,500 COVAL. The trading volume of Circuits of Value has changed by -28.02% (د.م.-76,403.13 MAD) in the last 24 hours. Last trading day, COVAL's trading volume was د.م.272,713.44.

More info about Circuits of Value on Bitget

Moroccan Dirham 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 Circuits of Value currency pair is the COVAL to MAD, with for Circuits of Value's currency code being COVAL. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for MAD.

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How to convert COVAL to MAD

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COVAL to MAD Conversion tables

The exchange rate of Circuits of Value is increasing.
The exchange rate of 1 COVAL to Moroccan Dirham has changed by +17.40% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.61%, reaching a high of 0.008230 MAD and a low of 0.008112 MAD . One month ago, the value of 1 COVAL was د.م.0.006133 MAD , which represents a +33.02% change from its current value. Over the last year, Circuits of Value has changed by
-د.م.
0.2017MAD
, resulting in a change of -96.11% in its value.
24 hours ago1 month ago1 year ago
Amount14:22 today24 hours ago24h change
0.5 COVALد.م.0.004079د.م.0.004104
-0.61%
1 COVALد.م.0.008158د.م.0.008208
-0.61%
5 COVALد.م.0.04079د.م.0.04104
-0.61%
10 COVALد.م.0.08158د.م.0.08208
-0.61%
50 COVALد.م.0.4079د.م.0.4104
-0.61%
100 COVALد.م.0.8158د.م.0.8208
-0.61%
500 COVALد.م.4.08د.م.4.1
-0.61%
1000 COVALد.م.8.16د.م.8.21
-0.61%

COVAL to MAD FAQ

How much is 1 Circuits of Value in MAD?
Right now, the price of 1 Circuits of Value (COVAL) in Moroccan Dirham (MAD) is د.م.0.008158.
How much COVAL can I buy for 1 MAD?
Based on the current exchange rate, you can get 122.58 COVAL for 1 MAD.
How do I calculate or convert COVAL to MAD?
You can use our COVAL to MAD calculator at the top of this page to convert any amount of COVAL to MAD. We've also included quick-reference tables for the most popular conversions. For example, 5 MAD is equivalent to 612.92 COVAL, while 5 COVAL will cost around 0.04079MAD.
What is the highest price of COVAL/MAD in history?
The all-time high price of 1 COVAL in MAD is د.م.1,231.98. It remains to be seen if the value of 1 COVAL/MAD will exceed the current all-time high.
What is the price trend of Circuits of Value in MAD?
Over the past 7 days, the exchange rate of Circuits of Value (COVAL) has gone up by 17.40%.   Over the last month, the exchange rate of Circuits of Value (COVAL) has gone up by 33.02% against Moroccan Dirham (MAD).

What factors influence the conversion rate of COVAL to MAD?

There are many factors that affect the relationship between Circuits of Value 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 COVAL/MAD. When there is positive news in the market about the widespread adoption of COVAL or major technological breakthroughs, it tends to trigger market optimism and drive the rise of COVAL/MAD. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in COVAL/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.
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 COVAL/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 Circuits of Value and adjust their investment strategies accordingly in the evolving market.

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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.