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MAGIK to MAD Converter and calculator

MAGIK/MAD: 1 MAGIK = 0.05424 MAD. The price of converting 1 Magik Finance (MAGIK) to Moroccan Dirham (MAD) is 0.05424 MAD today.
MAGIK
MAGIK
MAD
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides MAGIK to MAD real-time exchange rates, making it easy to convert Magik Finance (MAGIK) to Moroccan Dirham (MAD). The conversion result is based on real-time data. The conversion result shows that 1 MAGIK is currently valued at 0.05 MAD. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 MAGIK is currently valued at 0.05 MAD, which means buying 5 MAGIK would cost 0.27 MAD. Similarly, د.م.1 MAD can be converted to 18.44 MAGIK, and د.م.50 MAD can be converted to 92.18 MAGIK, excluding any platform or gas fees.

Convert MAGIK to MAD

Convert MAD to MAGIK

Magik Finance
Moroccan Dirham
1000 MAGIK
54.24  MAD
5000 MAGIK
271.21  MAD
10000 MAGIK
542.43  MAD
In the table above, you'll find a comprehensive MAGIK to MAD converter that shows the value of Magik Finance in Moroccan Dirham across commonly used conversion amounts. The list covers conversions from 1 MAGIK to MAD, all the way up to 10000 MAGIK, providing a clear view of their respective values.
Moroccan Dirham
Magik Finance
1000 MAD
18,435.65 MAGIK
2000 MAD
36,871.31 MAGIK
5000 MAD
92,178.27 MAGIK
10000 MAD
184,356.53 MAGIK
50000 MAD
921,782.67 MAGIK
100000 MAD
1,843,565.33 MAGIK
In the table above, you'll find a comprehensive MAD to MAGIK converter that shows the value of Moroccan Dirham in Magik Finance across commonly used conversion amounts. The list covers conversions from 1 MAD to MAGIK, all the way up to 100000 MAD, providing a clear view of their respective values.

MAGIK to MAD chart

MAGIK/MAD: 1 MAGIK = 0.05424 MAD; 2025/05/25 03:46:11
In the past 1D, Magik Finance has changed +4.33% to MAD. Based on the trend and price charts, Magik Finance(MAGIK) has changed +4.33% to MAD while Moroccan Dirham(MAD) has changed % to MAGIK in the last 24 hours.
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MAGIK to MAD conversion data: Volatility and price changes of Magik Finance in MAD

The highest Magik Finance price in MAD over the past 7 days was 0.06432 MAD while the lowest Magik Finance price in MAD over the past 7 days was 0.05710 MAD. The relative change between the highs and lows in Magik Finance price in MAD over the last 7 days indicates a volatility of %. You can view additional volatility data and MAGIK 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
0.06282 MAD
0.06432 MAD
0.07246 MAD
0.1092 MAD
Low
0.05917 MAD
0.05710 MAD
0.05593 MAD
0.04747 MAD
Average
0 MAD
0 MAD
0 MAD
0 MAD
Volatility
%
%
%
%
Change
+4.33%
-0.59%
+10.16%
-40.09%

Magik Finance information

MAGIK to MAD market statistics

MAGIK/MAD:
د.م.0.05424
MAGIK 24h volume:
--
MAGIK market cap:
--
MAGIK circulating supply:
0 MAGIK

Current MAGIK to MAD exchange rate

Magik Finance to Moroccan Dirham is falling this week.
Magik Finance's current market price is د.م.0.05424 per MAGIK, with a total market cap of د.م.0 MAD based on a circulating supply of -- MAGIK. The trading volume of Magik Finance has changed by 0.00% (د.م.0 MAD) in the last 24 hours. Last trading day, MAGIK's trading volume was د.م.0.

More info about Magik Finance 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 Magik Finance currency pair is the MAGIK to MAD, with for Magik Finance's currency code being MAGIK. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for MAD.

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How to convert MAGIK to MAD

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Buy MAGIK (or USDT) for MAD (Moroccan Dirham) offers
Bitget P2P trading does not currently support direct buying of MAGIK with MAD. However, you can buy USDT in Bitget P2P trading first, and then buy MAGIK with USDT via Bitget spot market.
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MAGIK to MAD Conversion tables

The exchange rate of Magik Finance is increasing.
The exchange rate of 1 MAGIK to Moroccan Dirham has changed by -0.59% in the last 7 days. In the last 24 hours, the rate has fluctuated by +4.33%, reaching a high of 0.06282 MAD and a low of 0.05917 MAD . One month ago, the value of 1 MAGIK was د.م.0.04845 MAD , which represents a +10.16% change from its current value. Over the last year, Magik Finance has changed by
-د.م.
0.1975MAD
, resulting in a change of -75.87% in its value.
24 hours ago1 month ago1 year ago
Amount03:46 am today24 hours ago24h change
0.5 MAGIK
د.م.0.02712د.م.0.02582
+4.33%
1 MAGIK
د.م.0.05424د.م.0.05164
+4.33%
5 MAGIK
د.م.0.2712د.م.0.2582
+4.33%
10 MAGIK
د.م.0.5424د.م.0.5164
+4.33%
50 MAGIK
د.م.2.71د.م.2.58
+4.33%
100 MAGIK
د.م.5.42د.م.5.16
+4.33%
500 MAGIK
د.م.27.12د.م.25.82
+4.33%
1000 MAGIK
د.م.54.24د.م.51.64
+4.33%

MAGIK to MAD FAQ

How much is 1 Magik Finance in MAD?
Right now, the price of 1 Magik Finance (MAGIK) in Moroccan Dirham (MAD) is د.م.0.05424.
How much MAGIK can I buy for 1 MAD?
Based on the current exchange rate, you can get 18.44 MAGIK for 1 MAD.
How do I calculate or convert MAGIK to MAD?
You can use our MAGIK to MAD calculator at the top of this page to convert any amount of MAGIK to MAD. We've also included quick-reference tables for the most popular conversions. For example, 5 MAD is equivalent to 92.18 MAGIK, while 5 MAGIK will cost around 0.2712MAD.
What is the highest price of MAGIK/MAD in history?
The all-time high price of 1 MAGIK in MAD is د.م.40.1. It remains to be seen if the value of 1 MAGIK/MAD will exceed the current all-time high.
What is the price trend of Magik Finance in MAD?
Over the past 7 days, the exchange rate of Magik Finance (MAGIK) has gone down by 0.59%.   Over the last month, the exchange rate of Magik Finance (MAGIK) has gone up by 10.16% against Moroccan Dirham (MAD).

What factors influence the conversion rate of MAGIK to MAD?

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