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Modex to Moroccan Dirham Converter and calculator

Convert 1Modex (MODEX) to Moroccan Dirham (MAD) equals د.م. 0.4928 | Bitget
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Last updated 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of Modex(MODEX) to Moroccan Dirham(MAD). This is the real-time data. The current conversion shows 1 MODEX at a value of 1 MODEX for 0.49 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.

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Bitget crypto-to-fiat exchange data shows that the most popular Modex currency pair is the MODEX to MAD, with for Modex's currency code being MODEX. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for MAD.

MODEX to MAD conversion rate trend

1D7D1M3M1YAll
In the past 1D, Modex has changed -10.07% to MAD. Based on the trend and price charts, Modex(MODEX) has changed -10.07% to MAD while Moroccan Dirham(MAD) has changed % to MODEX in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
د.م.0.4928
0.0200% / 0.0320%vip-iconVIP 7
Last updated 2024/11/08 08:38:51(UTC+0)

How to buy Modex

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Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
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Verify your identity by entering your personal information and uploading a valid photo ID.
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Buy Modex (MODEX)
Use a variety of payment options to buy Modex on Bitget. We'll show you how.

Buy MODEX (or USDT) for MAD (Moroccan Dirham) offers

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

Bitget P2P trading currently does not support direct selling of MODEX to MAD. However, you can first exchange MODEX for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
Merchants (trades/completion rate)PriceAmount/limit
High to low
Payment methods
Zero fees
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What factors influence the conversion rate of Modex to Moroccan Dirham?

Modex to Moroccan Dirham is falling this week.
Modex's current market price is د.م. 0.4928 per MODEX, with a total market cap of د.م. 0 MAD based on a circulating supply of -- MODEX. The trading volume of Modex has changed by -100.00% (د.م. 0 MAD) in the last 24 hours. Last trading day, MODEX's trading volume was د.م. 0.
Market cap
$0
24h volume
$0
Circulating supply
0 MODEX

Conversion tables

The exchange rate of Modex is increasing.
1 MODEX is currently valued at د.م. 0.4928 MAD , which means buying 5 MODEX will cost د.م. 2.46 MAD . Similarly, د.م.1 MAD can be traded for 2.03 MODEX, and د.م.50 MAD can be converted to 101.46 MODEX, excluding any platform or gas fees.
The exchange rate of 1 MODEX to Moroccan Dirham has changed by -0.94% in the last 7 days. In the last 24 hours, the rate has fluctuated by -10.07%, reaching a high of 0.6817 MAD and a low of 0.4049 MAD . One month ago, the value of 1 MODEX was د.م. 0.4103 MAD , which represents a +20.10% change from its current value. Over the last year, Modex has changed by
-د.م.
0.7534MAD
, resulting in a change of -60.46% in its value.

MODEX to MAD

Amount
14:42 today
0.5 MODEX
د.م.0.2464
1 MODEX
د.م.0.4928
5 MODEX
د.م.2.46
10 MODEX
د.م.4.93
50 MODEX
د.م.24.64
100 MODEX
د.م.49.28
500 MODEX
د.م.246.39
1000 MODEX
د.م.492.79

MAD to MODEX

Amount14:42 today
0.5MAD1.01  MODEX
1MAD2.03  MODEX
5MAD10.15  MODEX
10MAD20.29  MODEX
50MAD101.46  MODEX
100MAD202.93  MODEX
500MAD1,014.63  MODEX
1000MAD2,029.27  MODEX

Today vs. 24 hours ago

Amount14:42 today24 hours ago24h change
0.5 MODEX$0.02494$0.02773
-10.07%
1 MODEX$0.04988$0.05546
-10.07%
5 MODEX$0.2494$0.2773
-10.07%
10 MODEX$0.4988$0.5546
-10.07%
50 MODEX$2.49$2.77
-10.07%
100 MODEX$4.99$5.55
-10.07%
500 MODEX$24.94$27.73
-10.07%
1000 MODEX$49.88$55.46
-10.07%

Today vs. 1 month ago

Amount14:42 today1 month ago1M change
0.5 MODEX$0.02494$0.02076
+20.10%
1 MODEX$0.04988$0.04153
+20.10%
5 MODEX$0.2494$0.2076
+20.10%
10 MODEX$0.4988$0.4153
+20.10%
50 MODEX$2.49$2.08
+20.10%
100 MODEX$4.99$4.15
+20.10%
500 MODEX$24.94$20.76
+20.10%
1000 MODEX$49.88$41.53
+20.10%

Today vs. 1 year ago

Amount14:42 today1 year ago1Y change
0.5 MODEX$0.02494$0.06306
-60.46%
1 MODEX$0.04988$0.1261
-60.46%
5 MODEX$0.2494$0.6306
-60.46%
10 MODEX$0.4988$1.26
-60.46%
50 MODEX$2.49$6.31
-60.46%
100 MODEX$4.99$12.61
-60.46%
500 MODEX$24.94$63.06
-60.46%
1000 MODEX$49.88$126.12
-60.46%

Modex price prediction

What will the price of MODEX be in 2025?

Based on MODEX's historical price performance prediction model, the price of MODEX is projected to reach $0.05706 in 2025.

What will the price of MODEX be in 2030?

In 2030, the MODEX price is expected to change by -13.00%. By the end of 2030, the MODEX price is projected to reach $0.08108, with a cumulative ROI of +62.56%.

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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 Modex 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 Modex 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 Modex 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.