REN
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 Ren(REN) to Moroccan Dirham(MAD). This is the real-time data. The current conversion shows 1 REN at a value of 1 REN for 0.41 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 Ren currency pair is the REN to MAD, with for Ren's currency code being REN. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for MAD.
REN to MAD conversion rate trend
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In the past 1D, Ren has changed +1.20% to MAD. Based on the trend and price charts, Ren(REN) has changed +1.20% to MAD while Moroccan Dirham(MAD) has changed % to REN in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | د.م.0.2979 | 0.0200% / 0.0320%  VIP 7 | |
Binance | د.م.0.4284 | 0.1000% / 0.1000% | Yes |
OKX | د.م.0.3640 | 0.080% / 0.100% | Yes |
Huobi | د.م.0.4156 | 0.1000% / 0.1000% | Yes |
Gate.io | د.م.0.2979 | 0.1000% / 0.1000% | Yes |
Bybit | د.م.0.2984 | 0.1000% / 0.1000% | Yes |
KuCoin | د.م.0.2965 | 0.1000% / 0.1000% | Yes |
Last updated 2024/12/22 08:00:23(UTC+0)
How to buy Ren
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Buy Ren (REN)
Use a variety of payment options to buy Ren on Bitget. We'll show you how.
Learn MoreBuy REN (or USDT) for MAD (Moroccan Dirham) offers
Bitget P2P trading does not currently support direct buying of REN with MAD. However, you can buy USDT in Bitget P2P trading first, and then buy REN with USDT via Bitget spot market.
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Sell REN (or USDT) for MAD (Moroccan Dirham) offers
Bitget P2P trading currently does not support direct selling of REN to MAD. However, you can first exchange REN 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 Ren to Moroccan Dirham?
Ren to Moroccan Dirham is falling this week.Ren's current market price is د.م. 0.4103 per REN, with a total market cap of د.م. 410,002,763.61 MAD based on a circulating supply of 999,330,500 REN. The trading volume of Ren has changed by -24.66% (د.م. -4,949,346.37 MAD) in the last 24 hours. Last trading day, REN's trading volume was د.م. 20,071,563.02.
Market cap
$40.90M
24h volume
$1.51M
Circulating supply
999.33M REN
Conversion tables
The exchange rate of Ren is decreasing.1 REN is currently valued at د.م. 0.4103 MAD , which means buying 5 REN will cost د.م. 2.05 MAD . Similarly, د.م.1 MAD can be traded for 2.44 REN, and د.م.50 MAD can be converted to 121.87 REN, excluding any platform or gas fees.
The exchange rate of 1 REN to Moroccan Dirham has changed by -1.21% in the last 7 days. In the last 24 hours, the rate has fluctuated by +1.20%, reaching a high of 0.4103 MAD and a low of 0.2911 MAD . One month ago, the value of 1 REN was د.م. 0.4417 MAD , which represents a -7.11% change from its current value. Over the last year, Ren has changed by , resulting in a change of -38.40% in its value.
-د.م.
0.2557MADREN to MAD
Amount
12:18 today
0.5 REN
د.م.0.2051
1 REN
د.م.0.4103
5 REN
د.م.2.05
10 REN
د.م.4.1
50 REN
د.م.20.51
100 REN
د.م.41.03
500 REN
د.م.205.14
1000 REN
د.م.410.28
MAD to REN
Amount12:18 today
0.5MAD1.22 REN
1MAD2.44 REN
5MAD12.19 REN
10MAD24.37 REN
50MAD121.87 REN
100MAD243.74 REN
500MAD1,218.69 REN
1000MAD2,437.38 REN
Today vs. 24 hours ago
| Amount | 12:18 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 REN | $0.02046 | $0.02022 | +1.20% |
| 1 REN | $0.04093 | $0.04044 | +1.20% |
| 5 REN | $0.2046 | $0.2022 | +1.20% |
| 10 REN | $0.4093 | $0.4044 | +1.20% |
| 50 REN | $2.05 | $2.02 | +1.20% |
| 100 REN | $4.09 | $4.04 | +1.20% |
| 500 REN | $20.46 | $20.22 | +1.20% |
| 1000 REN | $40.93 | $40.44 | +1.20% |
Today vs. 1 month ago
| Amount | 12:18 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 REN | $0.02046 | $0.02203 | -7.11% |
| 1 REN | $0.04093 | $0.04406 | -7.11% |
| 5 REN | $0.2046 | $0.2203 | -7.11% |
| 10 REN | $0.4093 | $0.4406 | -7.11% |
| 50 REN | $2.05 | $2.2 | -7.11% |
| 100 REN | $4.09 | $4.41 | -7.11% |
| 500 REN | $20.46 | $22.03 | -7.11% |
| 1000 REN | $40.93 | $44.06 | -7.11% |
Today vs. 1 year ago
| Amount | 12:18 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 REN | $0.02046 | $0.03322 | -38.40% |
| 1 REN | $0.04093 | $0.06644 | -38.40% |
| 5 REN | $0.2046 | $0.3322 | -38.40% |
| 10 REN | $0.4093 | $0.6644 | -38.40% |
| 50 REN | $2.05 | $3.32 | -38.40% |
| 100 REN | $4.09 | $6.64 | -38.40% |
| 500 REN | $20.46 | $33.22 | -38.40% |
| 1000 REN | $40.93 | $66.44 | -38.40% |
Ren price prediction
What will the price of REN be in 2025?
Based on REN's historical price performance prediction model, the price of REN is projected to reach $0.05075 in 2025.
What will the price of REN be in 2030?
In 2030, the REN price is expected to change by -20.00%. By the end of 2030, the REN price is projected to reach $0.08650, with a cumulative ROI of +114.01%.
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Popular Ren conversions
Check out these popular currency conversions of Ren to several fiat currencies.
Ren to USD
1 REN to $ 0.04093 USD
Ren to GBP
1 REN to £ 0.03256 GBP
Ren to EUR
1 REN to € 0.03924 EUR
Ren to KRW
1 REN to ₩ 59.2 KRW
Ren to CAD
1 REN to $ 0.05877 CAD
Ren to AUD
1 REN to $ 0.06547 AUD
Ren to JPY
1 REN to ¥ 6.4 JPY
Ren to BRL
1 REN to R$ 0.2491 BRL
Ren to CNY
1 REN to ¥ 0.2987 CNY
Ren to TWD
1 REN to NT$ 1.34 TWD
Popular cryptocurrencies to MAD
Explore other cryptocurrencies based on your interest in Ren.
Hive to MAD
1 HIVE to د.م. 3.87 MAD
IDEX to MAD
1 IDEX to د.م. 0.6224 MAD
Adventure Gold to MAD
1 AGLD to د.م. 18.35 MAD
Shoggoth (shoggoth.monster) to MAD
1 SHOGGOTH to د.م. 0.5203 MAD
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HEX (PulseChain) to MAD
1 HEX to د.م. 0.1582 MAD
Hunt Town to MAD
1 HUNT to د.م. 3.75 MAD
Livepeer to MAD
1 LPT to د.م. 155.13 MAD
HEX to MAD
1 HEX to د.م. 0.03740 MAD
Chintai to MAD
1 CHEX to د.م. 5.3 MAD
PulseX to MAD
1 PLSX to د.م. 0.0003412 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 Ren 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 Ren 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 Ren 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.
