MAG
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 Magnesium(MAG) to Moroccan Dirham(MAD). This is the real-time data. The current conversion shows 1 MAG at a value of 1 MAG for 0.00 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 Magnesium currency pair is the MAG to MAD, with for Magnesium's currency code being MAG. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for MAD.
MAG to MAD conversion rate trend
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In the past 1D, Magnesium has changed -0.04% to MAD. Based on the trend and price charts, Magnesium(MAG) has changed -0.04% to MAD while Moroccan Dirham(MAD) has changed % to MAG in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | د.م.0.0002974 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/11/13 16:40:40(UTC+0)
How to buy Magnesium
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Verify your identity by entering your personal information and uploading a valid photo ID.
Buy Magnesium (MAG)
Use a variety of payment options to buy Magnesium on Bitget. We'll show you how.
Buy MAG (or USDT) for MAD (Moroccan Dirham) offers
Bitget P2P trading does not currently support direct buying of MAG with MAD. However, you can buy USDT in Bitget P2P trading first, and then buy MAG with USDT via Bitget spot market.
| Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
|---|
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Sell MAG (or USDT) for MAD (Moroccan Dirham) offers
Bitget P2P trading currently does not support direct selling of MAG to MAD. However, you can first exchange MAG 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 Magnesium to Moroccan Dirham?
Magnesium to Moroccan Dirham is falling this week.Magnesium's current market price is د.م. 0.0002974 per MAG, with a total market cap of د.م. 0 MAD based on a circulating supply of -- MAG. The trading volume of Magnesium has changed by +130.59% (د.م. 2,793.28 MAD) in the last 24 hours. Last trading day, MAG's trading volume was د.م. 2,139.02.
Market cap
$0
24h volume
$497.15779804
Circulating supply
0 MAG
Conversion tables
The exchange rate of Magnesium is decreasing.1 MAG is currently valued at د.م. 0.0002974 MAD , which means buying 5 MAG will cost د.م. 0.001487 MAD . Similarly, د.م.1 MAD can be traded for 3,362.17 MAG, and د.م.50 MAD can be converted to 168,108.65 MAG, excluding any platform or gas fees.
The exchange rate of 1 MAG to Moroccan Dirham has changed by -31.28% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.04%, reaching a high of 0.0003755 MAD and a low of 0.0003750 MAD . One month ago, the value of 1 MAG was د.م. 0.0006240 MAD , which represents a -46.53% change from its current value. Over the last year, Magnesium has changed by , resulting in a change of 0.00% in its value.
+د.م.
0.0003752MADMAG to MAD
Amount
22:45 today
0.5 MAG
د.م.0.0001487
1 MAG
د.م.0.0002974
5 MAG
د.م.0.001487
10 MAG
د.م.0.002974
50 MAG
د.م.0.01487
100 MAG
د.م.0.02974
500 MAG
د.م.0.1487
1000 MAG
د.م.0.2974
MAD to MAG
Amount22:45 today
0.5MAD1,681.09 MAG
1MAD3,362.17 MAG
5MAD16,810.87 MAG
10MAD33,621.73 MAG
50MAD168,108.65 MAG
100MAD336,217.31 MAG
500MAD1,681,086.53 MAG
1000MAD3,362,173.06 MAG
Today vs. 24 hours ago
| Amount | 22:45 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 MAG | $0.{4}1499 | $0.{4}1500 | -0.04% |
| 1 MAG | $0.{4}2998 | $0.{4}2999 | -0.04% |
| 5 MAG | $0.0001499 | $0.0001500 | -0.04% |
| 10 MAG | $0.0002998 | $0.0002999 | -0.04% |
| 50 MAG | $0.001499 | $0.001500 | -0.04% |
| 100 MAG | $0.002998 | $0.002999 | -0.04% |
| 500 MAG | $0.01499 | $0.01500 | -0.04% |
| 1000 MAG | $0.02998 | $0.02999 | -0.04% |
Today vs. 1 month ago
| Amount | 22:45 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 MAG | $0.{4}1499 | $0.{4}3145 | -46.53% |
| 1 MAG | $0.{4}2998 | $0.{4}6289 | -46.53% |
| 5 MAG | $0.0001499 | $0.0003145 | -46.53% |
| 10 MAG | $0.0002998 | $0.0006289 | -46.53% |
| 50 MAG | $0.001499 | $0.003145 | -46.53% |
| 100 MAG | $0.002998 | $0.006289 | -46.53% |
| 500 MAG | $0.01499 | $0.03145 | -46.53% |
| 1000 MAG | $0.02998 | $0.06289 | -46.53% |
Today vs. 1 year ago
| Amount | 22:45 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 MAG | $0.{4}1499 | $-0.{5}3922 | 0.00% |
| 1 MAG | $0.{4}2998 | $-0.{5}7843 | 0.00% |
| 5 MAG | $0.0001499 | $-0.{4}3922 | 0.00% |
| 10 MAG | $0.0002998 | $-0.{4}7843 | 0.00% |
| 50 MAG | $0.001499 | $-0.0003922 | 0.00% |
| 100 MAG | $0.002998 | $-0.0007843 | 0.00% |
| 500 MAG | $0.01499 | $-0.003922 | 0.00% |
| 1000 MAG | $0.02998 | $-0.007843 | 0.00% |
Magnesium price prediction
What will the price of MAG be in 2025?
Based on MAG's historical price performance prediction model, the price of MAG is projected to reach $1.7 in 2025.
What will the price of MAG be in 2030?
In 2030, the MAG price is expected to change by +7.00%. By the end of 2030, the MAG price is projected to reach $2.75, with a cumulative ROI of +9185671.70%.
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Popular Magnesium conversions
Check out these popular currency conversions of Magnesium to several fiat currencies.
Magnesium to USD
1 MAG to $ 0.{4}2998 USD
Magnesium to GBP
1 MAG to £ 0.{4}2359 GBP
Magnesium to EUR
1 MAG to € 0.{4}2838 EUR
Magnesium to KRW
1 MAG to ₩ 0.04217 KRW
Magnesium to CAD
1 MAG to $ 0.{4}4196 CAD
Magnesium to AUD
1 MAG to $ 0.{4}4622 AUD
Magnesium to JPY
1 MAG to ¥ 0.004661 JPY
Magnesium to BRL
1 MAG to R$ 0.0001741 BRL
Magnesium to CNY
1 MAG to ¥ 0.0002168 CNY
Magnesium to TWD
1 MAG to NT$ 0.0009737 TWD
Popular cryptocurrencies to MAD
Explore other cryptocurrencies based on your interest in Magnesium.
EGO to MAD
1 EGO to د.م. 0.2107 MAD
Super Trump Coin to MAD
1 STRUMP to د.م. 0.03212 MAD
Bitcoin to MAD
1 BTC to د.م. 888,320.59 MAD
SolarX to MAD
1 SXCH to د.م. -- MAD
Dogecoin to MAD
1 DOGE to د.م. 3.87 MAD
Solana to MAD
1 SOL to د.م. 2,118.66 MAD
Bonk to MAD
1 BONK to د.م. 0.0003602 MAD
Cardano to MAD
1 ADA to د.م. 5.72 MAD
Artificial Superintelligence Alliance to MAD
1 FET to د.م. 12.63 MAD
XRP to MAD
1 XRP to د.م. 6.82 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 Magnesium 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 Magnesium 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 Magnesium 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.
