MEL
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 MELX(MEL) to Moroccan Dirham(MAD). This is the real-time data. The current conversion shows 1 MEL at a value of 1 MEL for 0.01 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 MELX currency pair is the MEL to MAD, with for MELX's currency code being MEL. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for MAD.
MEL to MAD conversion rate trend
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In the past 1D, MELX has changed -0.01% to MAD. Based on the trend and price charts, MELX(MEL) has changed -0.01% to MAD while Moroccan Dirham(MAD) has changed % to MEL in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | د.م.0.01090 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/12/23 00:31:49(UTC+0)
How to buy MELX
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Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
Verify Your Account
Verify your identity by entering your personal information and uploading a valid photo ID.
Buy MELX (MEL)
Use a variety of payment options to buy MELX on Bitget. We'll show you how.
Buy MEL (or USDT) for MAD (Moroccan Dirham) offers
Bitget P2P trading does not currently support direct buying of MEL with MAD. However, you can buy USDT in Bitget P2P trading first, and then buy MEL with USDT via Bitget spot market.
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Sell MEL (or USDT) for MAD (Moroccan Dirham) offers
Bitget P2P trading currently does not support direct selling of MEL to MAD. However, you can first exchange MEL 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 MELX to Moroccan Dirham?
MELX to Moroccan Dirham is falling this week.MELX's current market price is د.م. 0.01089 per MEL, with a total market cap of د.م. 221,136.5 MAD based on a circulating supply of 20,300,314 MEL. The trading volume of MELX has changed by 0.00% (د.م. 0 MAD) in the last 24 hours. Last trading day, MEL's trading volume was د.م. 0.
Market cap
$22.07K
24h volume
$0
Circulating supply
20.30M MEL
Conversion tables
The exchange rate of MELX is decreasing.1 MEL is currently valued at د.م. 0.01089 MAD , which means buying 5 MEL will cost د.م. 0.05447 MAD . Similarly, د.م.1 MAD can be traded for 91.8 MEL, and د.م.50 MAD can be converted to 4,590 MEL, excluding any platform or gas fees.
The exchange rate of 1 MEL to Moroccan Dirham has changed by -0.04% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.01%, reaching a high of 0.01091 MAD and a low of 0.01089 MAD . One month ago, the value of 1 MEL was د.م. 0.01092 MAD , which represents a -0.20% change from its current value. Over the last year, MELX has changed by , resulting in a change of -0.13% in its value.
-د.م.
0.{4}1458MADMEL to MAD
Amount
07:02 am today
0.5 MEL
د.م.0.005447
1 MEL
د.م.0.01089
5 MEL
د.م.0.05447
10 MEL
د.م.0.1089
50 MEL
د.م.0.5447
100 MEL
د.م.1.09
500 MEL
د.م.5.45
1000 MEL
د.م.10.89
MAD to MEL
Amount07:02 am today
0.5MAD45.9 MEL
1MAD91.8 MEL
5MAD459 MEL
10MAD918 MEL
50MAD4,590 MEL
100MAD9,179.99 MEL
500MAD45,899.96 MEL
1000MAD91,799.92 MEL
Today vs. 24 hours ago
| Amount | 07:02 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 MEL | $0.0005435 | $0.0005436 | -0.01% |
| 1 MEL | $0.001087 | $0.001087 | -0.01% |
| 5 MEL | $0.005435 | $0.005436 | -0.01% |
| 10 MEL | $0.01087 | $0.01087 | -0.01% |
| 50 MEL | $0.05435 | $0.05436 | -0.01% |
| 100 MEL | $0.1087 | $0.1087 | -0.01% |
| 500 MEL | $0.5435 | $0.5436 | -0.01% |
| 1000 MEL | $1.09 | $1.09 | -0.01% |
Today vs. 1 month ago
| Amount | 07:02 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 MEL | $0.0005435 | $0.0005446 | -0.20% |
| 1 MEL | $0.001087 | $0.001089 | -0.20% |
| 5 MEL | $0.005435 | $0.005446 | -0.20% |
| 10 MEL | $0.01087 | $0.01089 | -0.20% |
| 50 MEL | $0.05435 | $0.05446 | -0.20% |
| 100 MEL | $0.1087 | $0.1089 | -0.20% |
| 500 MEL | $0.5435 | $0.5446 | -0.20% |
| 1000 MEL | $1.09 | $1.09 | -0.20% |
Today vs. 1 year ago
| Amount | 07:02 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 MEL | $0.0005435 | $0.0005442 | -0.13% |
| 1 MEL | $0.001087 | $0.001088 | -0.13% |
| 5 MEL | $0.005435 | $0.005442 | -0.13% |
| 10 MEL | $0.01087 | $0.01088 | -0.13% |
| 50 MEL | $0.05435 | $0.05442 | -0.13% |
| 100 MEL | $0.1087 | $0.1088 | -0.13% |
| 500 MEL | $0.5435 | $0.5442 | -0.13% |
| 1000 MEL | $1.09 | $1.09 | -0.13% |
MELX price prediction
What will the price of MEL be in 2025?
Based on MEL's historical price performance prediction model, the price of MEL is projected to reach $0.001304 in 2025.
What will the price of MEL be in 2030?
In 2030, the MEL price is expected to change by -20.00%. By the end of 2030, the MEL price is projected to reach $0.001819, with a cumulative ROI of +67.28%.
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Popular MELX conversions
Check out these popular currency conversions of MELX to several fiat currencies.
MELX to USD
1 MEL to $ 0.001087 USD
MELX to GBP
1 MEL to £ 0.0008641 GBP
MELX to EUR
1 MEL to € 0.001041 EUR
MELX to KRW
1 MEL to ₩ 1.58 KRW
MELX to CAD
1 MEL to $ 0.001561 CAD
MELX to AUD
1 MEL to $ 0.001739 AUD
MELX to JPY
1 MEL to ¥ 0.1702 JPY
MELX to BRL
1 MEL to R$ 0.006609 BRL
MELX to CNY
1 MEL to ¥ 0.007937 CNY
MELX to TWD
1 MEL to NT$ 0.03554 TWD
Popular cryptocurrencies to MAD
Explore other cryptocurrencies based on your interest in MELX.
Peanut the Squirrel to MAD
1 PNUT to د.م. 6.87 MAD
Hive to MAD
1 HIVE to د.م. 3.5 MAD
Steem to MAD
1 STEEM to د.م. 2.15 MAD
Verge to MAD
1 XVG to د.م. 0.1267 MAD
BitTorrent [New] to MAD
1 BTT to د.م. 0.{4}1139 MAD
![other assets BitTorrent [New]](https://img.bitgetimg.com/multiLang/coinPriceLogo/c87b5c29752b2123cca40f4dd2c6b6501710522527061.png)
Livepeer to MAD
1 LPT to د.م. 149.25 MAD
FTX Token to MAD
1 FTT to د.م. 31.41 MAD
Powerledger to MAD
1 POWR to د.م. 2.43 MAD
MovieBloc to MAD
1 MBL to د.م. 0.03533 MAD
Horizen to MAD
1 ZEN to د.م. 284.53 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 MELX 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 MELX 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 MELX 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.
