COVAL
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 Circuits of Value(COVAL) to Moroccan Dirham(MAD). This is the real-time data. The current conversion shows 1 COVAL at a value of 1 COVAL for 0.02 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 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.
COVAL to MAD conversion rate trend
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In the past 1D, Circuits of Value has changed +16.93% to MAD. Based on the trend and price charts, Circuits of Value(COVAL) has changed +16.93% to MAD while Moroccan Dirham(MAD) has changed % to COVAL in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | د.م.0.01783 | 0.0200% / 0.0320%  VIP 7 | |
Gate.io | د.م.0.01750 | 0.1000% / 0.1000% | Yes |
Last updated 2024/11/21 08:00:15(UTC+0)
How to buy Circuits of Value
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Verify your identity by entering your personal information and uploading a valid photo ID.
Buy Circuits of Value (COVAL)
Use a variety of payment options to buy Circuits of Value on Bitget. We'll show you how.
Buy COVAL (or USDT) for MAD (Moroccan Dirham) offers
Bitget P2P trading does not currently support direct buying of COVAL with MAD. However, you can buy USDT in Bitget P2P trading first, and then buy COVAL 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 COVAL (or USDT) for MAD (Moroccan Dirham) offers
Bitget P2P trading currently does not support direct selling of COVAL to MAD. However, you can first exchange COVAL 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 Circuits of Value to Moroccan Dirham?
Circuits of Value to Moroccan Dirham is rising this week.Circuits of Value's current market price is د.م. 0.02040 per COVAL, with a total market cap of د.م. 36,407,077.15 MAD based on a circulating supply of 1,784,838,500 COVAL. The trading volume of Circuits of Value has changed by +174.25% (د.م. 211,711.09 MAD) in the last 24 hours. Last trading day, COVAL's trading volume was د.م. 121,501.4.
Market cap
$3.64M
24h volume
$33.32K
Circulating supply
1.78B COVAL
Conversion tables
The exchange rate of Circuits of Value is decreasing.1 COVAL is currently valued at د.م. 0.02040 MAD , which means buying 5 COVAL will cost د.م. 0.1020 MAD . Similarly, د.م.1 MAD can be traded for 49.02 COVAL, and د.م.50 MAD can be converted to 2,451.22 COVAL, excluding any platform or gas fees.
The exchange rate of 1 COVAL to Moroccan Dirham has changed by +20.62% in the last 7 days. In the last 24 hours, the rate has fluctuated by +16.93%, reaching a high of 0.02077 MAD and a low of 0.01498 MAD . One month ago, the value of 1 COVAL was د.م. 0.02181 MAD , which represents a -6.46% change from its current value. Over the last year, Circuits of Value has changed by , resulting in a change of -77.51% in its value.
-د.م.
0.07029MADCOVAL to MAD
Amount
13:55 today
0.5 COVAL
د.م.0.01020
1 COVAL
د.م.0.02040
5 COVAL
د.م.0.1020
10 COVAL
د.م.0.2040
50 COVAL
د.م.1.02
100 COVAL
د.م.2.04
500 COVAL
د.م.10.2
1000 COVAL
د.م.20.4
MAD to COVAL
Amount13:55 today
0.5MAD24.51 COVAL
1MAD49.02 COVAL
5MAD245.12 COVAL
10MAD490.24 COVAL
50MAD2,451.22 COVAL
100MAD4,902.45 COVAL
500MAD24,512.25 COVAL
1000MAD49,024.49 COVAL
Today vs. 24 hours ago
| Amount | 13:55 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 COVAL | $0.001020 | $0.0008722 | +16.93% |
| 1 COVAL | $0.002040 | $0.001744 | +16.93% |
| 5 COVAL | $0.01020 | $0.008722 | +16.93% |
| 10 COVAL | $0.02040 | $0.01744 | +16.93% |
| 50 COVAL | $0.1020 | $0.08722 | +16.93% |
| 100 COVAL | $0.2040 | $0.1744 | +16.93% |
| 500 COVAL | $1.02 | $0.8722 | +16.93% |
| 1000 COVAL | $2.04 | $1.74 | +16.93% |
Today vs. 1 month ago
| Amount | 13:55 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 COVAL | $0.001020 | $0.001090 | -6.46% |
| 1 COVAL | $0.002040 | $0.002181 | -6.46% |
| 5 COVAL | $0.01020 | $0.01090 | -6.46% |
| 10 COVAL | $0.02040 | $0.02181 | -6.46% |
| 50 COVAL | $0.1020 | $0.1090 | -6.46% |
| 100 COVAL | $0.2040 | $0.2181 | -6.46% |
| 500 COVAL | $1.02 | $1.09 | -6.46% |
| 1000 COVAL | $2.04 | $2.18 | -6.46% |
Today vs. 1 year ago
| Amount | 13:55 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 COVAL | $0.001020 | $0.004534 | -77.51% |
| 1 COVAL | $0.002040 | $0.009069 | -77.51% |
| 5 COVAL | $0.01020 | $0.04534 | -77.51% |
| 10 COVAL | $0.02040 | $0.09069 | -77.51% |
| 50 COVAL | $0.1020 | $0.4534 | -77.51% |
| 100 COVAL | $0.2040 | $0.9069 | -77.51% |
| 500 COVAL | $1.02 | $4.53 | -77.51% |
| 1000 COVAL | $2.04 | $9.07 | -77.51% |
Circuits of Value price prediction
What will the price of COVAL be in 2025?
Based on COVAL's historical price performance prediction model, the price of COVAL is projected to reach $0.003185 in 2025.
What will the price of COVAL be in 2030?
In 2030, the COVAL price is expected to change by -15.00%. By the end of 2030, the COVAL price is projected to reach $0.003031, with a cumulative ROI of +82.38%.
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Popular Circuits of Value conversions
Check out these popular currency conversions of Circuits of Value to several fiat currencies.
Circuits of Value to USD
1 COVAL to $ 0.002040 USD
Circuits of Value to GBP
1 COVAL to £ 0.001614 GBP
Circuits of Value to EUR
1 COVAL to € 0.001938 EUR
Circuits of Value to KRW
1 COVAL to ₩ 2.85 KRW
Circuits of Value to CAD
1 COVAL to $ 0.002848 CAD
Circuits of Value to AUD
1 COVAL to $ 0.003129 AUD
Circuits of Value to JPY
1 COVAL to ¥ 0.3152 JPY
Circuits of Value to BRL
1 COVAL to R$ 0.01189 BRL
Circuits of Value to CNY
1 COVAL to ¥ 0.01478 CNY
Circuits of Value to TWD
1 COVAL to NT$ 0.06640 TWD
Popular cryptocurrencies to MAD
Explore other cryptocurrencies based on your interest in Circuits of Value.
MAD to MAD
1 MAD to د.م. -- MAD
XRP to MAD
1 XRP to د.م. 11.31 MAD
EGO to MAD
1 EGO to د.م. 0.2898 MAD
Sharpe AI to MAD
1 SAI to د.م. 0.3145 MAD
Solana to MAD
1 SOL to د.م. 2,460.06 MAD
Bitcoin to MAD
1 BTC to د.م. 975,093.15 MAD
Dogecoin to MAD
1 DOGE to د.م. 3.88 MAD
Pepe to MAD
1 PEPE to د.م. 0.0002119 MAD
Peanut the Squirrel to MAD
1 PNUT to د.م. 15.18 MAD
Sui to MAD
1 SUI to د.م. 36.27 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 Circuits of Value 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 Circuits of Value 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 Circuits of Value 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.
