PHX
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 Phoenix Blockchain(PHX) to Moroccan Dirham(MAD). This is the real-time data. The current conversion shows 1 PHX at a value of 1 PHX for 0.17 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 Phoenix Blockchain currency pair is the PHX to MAD, with for Phoenix Blockchain's currency code being PHX. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for MAD.
PHX to MAD conversion rate trend
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In the past 1D, Phoenix Blockchain has changed +78.53% to MAD. Based on the trend and price charts, Phoenix Blockchain(PHX) has changed +78.53% to MAD while Moroccan Dirham(MAD) has changed % to PHX in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | د.م.0.1662 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/11/15 08:35:37(UTC+0)
How to buy Phoenix Blockchain
Create Your Free Bitget Account
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 Phoenix Blockchain (PHX)
Use a variety of payment options to buy Phoenix Blockchain on Bitget. We'll show you how.
Buy PHX (or USDT) for MAD (Moroccan Dirham) offers
Bitget P2P trading does not currently support direct buying of PHX with MAD. However, you can buy USDT in Bitget P2P trading first, and then buy PHX 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 PHX (or USDT) for MAD (Moroccan Dirham) offers
Bitget P2P trading currently does not support direct selling of PHX to MAD. However, you can first exchange PHX 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 Phoenix Blockchain to Moroccan Dirham?
Phoenix Blockchain to Moroccan Dirham is rising this week.Phoenix Blockchain's current market price is د.م. 0.1662 per PHX, with a total market cap of د.م. 0 MAD based on a circulating supply of -- PHX. The trading volume of Phoenix Blockchain has changed by +96.15% (د.م. 8.49 MAD) in the last 24 hours. Last trading day, PHX's trading volume was د.م. 8.83.
Market cap
$0
24h volume
$1.73346698
Circulating supply
0 PHX
Conversion tables
The exchange rate of Phoenix Blockchain is increasing.1 PHX is currently valued at د.م. 0.1662 MAD , which means buying 5 PHX will cost د.م. 0.8308 MAD . Similarly, د.م.1 MAD can be traded for 6.02 PHX, and د.م.50 MAD can be converted to 300.91 PHX, excluding any platform or gas fees.
The exchange rate of 1 PHX to Moroccan Dirham has changed by +84.97% in the last 7 days. In the last 24 hours, the rate has fluctuated by +78.53%, reaching a high of 0.6349 MAD and a low of 0.3553 MAD . One month ago, the value of 1 PHX was د.م. 0.1201 MAD , which represents a +7.83% change from its current value. Over the last year, Phoenix Blockchain has changed by , resulting in a change of 0.00% in its value.
+د.م.
0.6344MADPHX to MAD
Amount
11:23 am today
0.5 PHX
د.م.0.08308
1 PHX
د.م.0.1662
5 PHX
د.م.0.8308
10 PHX
د.م.1.66
50 PHX
د.م.8.31
100 PHX
د.م.16.62
500 PHX
د.م.83.08
1000 PHX
د.م.166.16
MAD to PHX
Amount11:23 am today
0.5MAD3.01 PHX
1MAD6.02 PHX
5MAD30.09 PHX
10MAD60.18 PHX
50MAD300.91 PHX
100MAD601.82 PHX
500MAD3,009.1 PHX
1000MAD6,018.2 PHX
Today vs. 24 hours ago
| Amount | 11:23 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 PHX | $0.008319 | $-0.005653 | +78.53% |
| 1 PHX | $0.01664 | $-0.01131 | +78.53% |
| 5 PHX | $0.08319 | $-0.05653 | +78.53% |
| 10 PHX | $0.1664 | $-0.1131 | +78.53% |
| 50 PHX | $0.8319 | $-0.5653 | +78.53% |
| 100 PHX | $1.66 | $-1.1305 | +78.53% |
| 500 PHX | $8.32 | $-5.6525 | +78.53% |
| 1000 PHX | $16.64 | $-11.3051 | +78.53% |
Today vs. 1 month ago
| Amount | 11:23 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 PHX | $0.008319 | $0.006013 | +7.83% |
| 1 PHX | $0.01664 | $0.01203 | +7.83% |
| 5 PHX | $0.08319 | $0.06013 | +7.83% |
| 10 PHX | $0.1664 | $0.1203 | +7.83% |
| 50 PHX | $0.8319 | $0.6013 | +7.83% |
| 100 PHX | $1.66 | $1.2 | +7.83% |
| 500 PHX | $8.32 | $6.01 | +7.83% |
| 1000 PHX | $16.64 | $12.03 | +7.83% |
Today vs. 1 year ago
| Amount | 11:23 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 PHX | $0.008319 | $-0.02344 | 0.00% |
| 1 PHX | $0.01664 | $-0.04689 | 0.00% |
| 5 PHX | $0.08319 | $-0.2344 | 0.00% |
| 10 PHX | $0.1664 | $-0.4689 | 0.00% |
| 50 PHX | $0.8319 | $-2.3444 | 0.00% |
| 100 PHX | $1.66 | $-4.6887 | 0.00% |
| 500 PHX | $8.32 | $-23.4437 | 0.00% |
| 1000 PHX | $16.64 | $-46.8874 | 0.00% |
Phoenix Blockchain price prediction
What will the price of PHX be in 2025?
Based on PHX's historical price performance prediction model, the price of PHX is projected to reach $0.02303 in 2025.
What will the price of PHX be in 2030?
In 2030, the PHX price is expected to change by +10.00%. By the end of 2030, the PHX price is projected to reach $0.05926, with a cumulative ROI of +256.19%.
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Popular Phoenix Blockchain conversions
Check out these popular currency conversions of Phoenix Blockchain to several fiat currencies.
Phoenix Blockchain to USD
1 PHX to $ 0.01664 USD
Phoenix Blockchain to GBP
1 PHX to £ 0.01315 GBP
Phoenix Blockchain to EUR
1 PHX to € 0.01575 EUR
Phoenix Blockchain to KRW
1 PHX to ₩ 23.2 KRW
Phoenix Blockchain to CAD
1 PHX to $ 0.02338 CAD
Phoenix Blockchain to AUD
1 PHX to $ 0.02573 AUD
Phoenix Blockchain to JPY
1 PHX to ¥ 2.59 JPY
Phoenix Blockchain to BRL
1 PHX to R$ 0.09657 BRL
Phoenix Blockchain to CNY
1 PHX to ¥ 0.1204 CNY
Phoenix Blockchain to TWD
1 PHX to NT$ 0.5403 TWD
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1 SOL to د.م. 2,123.38 MAD
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1 MERL to د.م. 2.85 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 Phoenix Blockchain 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 Phoenix Blockchain 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 Phoenix Blockchain 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.
