NYM
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 NYM(NYM) to Moroccan Dirham(MAD). This is the real-time data. The current conversion shows 1 NYM at a value of 1 NYM for 1.00 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 NYM currency pair is the NYM to MAD, with for NYM's currency code being NYM. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for MAD.
NYM to MAD conversion rate trend
1D7D1M3M1YAll
In the past 1D, NYM has changed +3.30% to MAD. Based on the trend and price charts, NYM(NYM) has changed +3.30% to MAD while Moroccan Dirham(MAD) has changed % to NYM in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | د.م.0.9870 | 0.0200% / 0.0320%  VIP 7 | |
OKX | د.م.0.8450 | 0.080% / 0.100% | Yes |
Huobi | د.م.0.9860 | 0.1000% / 0.1000% | Yes |
Gate.io | د.م.0.9879 | 0.1000% / 0.1000% | Yes |
Bybit | د.م.0.9870 | 0.1000% / 0.1000% | Yes |
KuCoin | د.م.0.9850 | 0.1000% / 0.1000% | Yes |
Last updated 2024/11/17 08:00:17(UTC+0)
How to buy NYM
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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.
Buy NYM (NYM)
Use a variety of payment options to buy NYM on Bitget. We'll show you how.
Buy NYM (or USDT) for MAD (Moroccan Dirham) offers
Bitget P2P trading does not currently support direct buying of NYM with MAD. However, you can buy USDT in Bitget P2P trading first, and then buy NYM with USDT via Bitget spot market.
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Sell NYM (or USDT) for MAD (Moroccan Dirham) offers
Bitget P2P trading currently does not support direct selling of NYM to MAD. However, you can first exchange NYM for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
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What factors influence the conversion rate of NYM to Moroccan Dirham?
NYM to Moroccan Dirham is rising this week.NYM's current market price is د.م. 0.9991 per NYM, with a total market cap of د.م. 802,390,300.73 MAD based on a circulating supply of 803,103,200 NYM. The trading volume of NYM has changed by -13.39% (د.م. -1,977,861.61 MAD) in the last 24 hours. Last trading day, NYM's trading volume was د.م. 14,775,156.94.
Market cap
$80.24M
24h volume
$1.28M
Circulating supply
803.10M NYM
Conversion tables
The exchange rate of NYM is increasing.1 NYM is currently valued at د.م. 0.9991 MAD , which means buying 5 NYM will cost د.م. 5 MAD . Similarly, د.م.1 MAD can be traded for 1 NYM, and د.م.50 MAD can be converted to 50.04 NYM, excluding any platform or gas fees.
The exchange rate of 1 NYM to Moroccan Dirham has changed by +16.17% in the last 7 days. In the last 24 hours, the rate has fluctuated by +3.30%, reaching a high of 1 MAD and a low of 0.9542 MAD . One month ago, the value of 1 NYM was د.م. 0.6976 MAD , which represents a +43.20% change from its current value. Over the last year, NYM has changed by , resulting in a change of -33.44% in its value.
-د.م.
0.5022MADNYM to MAD
Amount
14:31 today
0.5 NYM
د.م.0.4996
1 NYM
د.م.0.9991
5 NYM
د.م.5
10 NYM
د.م.9.99
50 NYM
د.م.49.96
100 NYM
د.م.99.91
500 NYM
د.م.499.56
1000 NYM
د.م.999.11
MAD to NYM
Amount14:31 today
0.5MAD0.5004 NYM
1MAD1 NYM
5MAD5 NYM
10MAD10.01 NYM
50MAD50.04 NYM
100MAD100.09 NYM
500MAD500.44 NYM
1000MAD1,000.89 NYM
Today vs. 24 hours ago
| Amount | 14:31 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 NYM | $0.04996 | $0.04836 | +3.30% |
| 1 NYM | $0.09992 | $0.09672 | +3.30% |
| 5 NYM | $0.4996 | $0.4836 | +3.30% |
| 10 NYM | $0.9992 | $0.9672 | +3.30% |
| 50 NYM | $5 | $4.84 | +3.30% |
| 100 NYM | $9.99 | $9.67 | +3.30% |
| 500 NYM | $49.96 | $48.36 | +3.30% |
| 1000 NYM | $99.92 | $96.72 | +3.30% |
Today vs. 1 month ago
| Amount | 14:31 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 NYM | $0.04996 | $0.03488 | +43.20% |
| 1 NYM | $0.09992 | $0.06976 | +43.20% |
| 5 NYM | $0.4996 | $0.3488 | +43.20% |
| 10 NYM | $0.9992 | $0.6976 | +43.20% |
| 50 NYM | $5 | $3.49 | +43.20% |
| 100 NYM | $9.99 | $6.98 | +43.20% |
| 500 NYM | $49.96 | $34.88 | +43.20% |
| 1000 NYM | $99.92 | $69.76 | +43.20% |
Today vs. 1 year ago
| Amount | 14:31 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 NYM | $0.04996 | $0.07507 | -33.44% |
| 1 NYM | $0.09992 | $0.1501 | -33.44% |
| 5 NYM | $0.4996 | $0.7507 | -33.44% |
| 10 NYM | $0.9992 | $1.5 | -33.44% |
| 50 NYM | $5 | $7.51 | -33.44% |
| 100 NYM | $9.99 | $15.01 | -33.44% |
| 500 NYM | $49.96 | $75.07 | -33.44% |
| 1000 NYM | $99.92 | $150.14 | -33.44% |
NYM price prediction
What will the price of NYM be in 2025?
Based on NYM's historical price performance prediction model, the price of NYM is projected to reach $0.1332 in 2025.
What will the price of NYM be in 2030?
In 2030, the NYM price is expected to change by -4.00%. By the end of 2030, the NYM price is projected to reach $0.1802, with a cumulative ROI of +85.96%.
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Popular NYM conversions
Check out these popular currency conversions of NYM to several fiat currencies.
NYM to USD
1 NYM to $ 0.09992 USD
NYM to GBP
1 NYM to £ 0.07918 GBP
NYM to EUR
1 NYM to € 0.09475 EUR
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1 NYM to ₩ 139.48 KRW
NYM to CAD
1 NYM to $ 0.1409 CAD
NYM to AUD
1 NYM to $ 0.1546 AUD
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1 NYM to ¥ 15.42 JPY
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1 NYM to R$ 0.5792 BRL
NYM to CNY
1 NYM to ¥ 0.7230 CNY
NYM to TWD
1 NYM to NT$ 3.24 TWD
Popular cryptocurrencies to MAD
Explore other cryptocurrencies based on your interest in NYM.
XRP to MAD
1 XRP to د.م. 10.99 MAD
Cardano to MAD
1 ADA to د.م. 7.27 MAD
GOGGLES to MAD
1 GOGLZ to د.م. -- MAD
FLOKI to MAD
1 FLOKI to د.م. 0.002604 MAD
Pepe to MAD
1 PEPE to د.م. 0.0002098 MAD
Dogecoin to MAD
1 DOGE to د.م. 3.62 MAD
Stellar to MAD
1 XLM to د.م. 2.03 MAD
Peanut the Squirrel to MAD
1 PNUT to د.م. 15.69 MAD
Bitcoin to MAD
1 BTC to د.م. 902,835.16 MAD
Bonk to MAD
1 BONK to د.م. 0.0005176 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 NYM 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 NYM 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 NYM 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.
