UMM
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 UMM(UMM) to Moroccan Dirham(MAD). This is the real-time data. The current conversion shows 1 UMM at a value of 1 UMM for 23.94 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 UMM currency pair is the UMM to MAD, with for UMM's currency code being UMM. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for MAD.
UMM to MAD conversion rate trend
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In the past 1D, UMM has changed -0.57% to MAD. Based on the trend and price charts, UMM(UMM) has changed -0.57% to MAD while Moroccan Dirham(MAD) has changed % to UMM in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | د.م.24.01 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/12/22 08:31:55(UTC+0)
How to buy UMM
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Verify your identity by entering your personal information and uploading a valid photo ID.
Buy UMM (UMM)
Use a variety of payment options to buy UMM on Bitget. We'll show you how.
Buy UMM (or USDT) for MAD (Moroccan Dirham) offers
Bitget P2P trading does not currently support direct buying of UMM with MAD. However, you can buy USDT in Bitget P2P trading first, and then buy UMM with USDT via Bitget spot market.
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Sell UMM (or USDT) for MAD (Moroccan Dirham) offers
Bitget P2P trading currently does not support direct selling of UMM to MAD. However, you can first exchange UMM 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 UMM to Moroccan Dirham?
UMM to Moroccan Dirham is rising this week.UMM's current market price is د.م. 23.94 per UMM, with a total market cap of د.م. 0 MAD based on a circulating supply of -- UMM. The trading volume of UMM has changed by -27.42% (د.م. -4,098,195.27 MAD) in the last 24 hours. Last trading day, UMM's trading volume was د.م. 14,945,189.97.
Market cap
$0
24h volume
$1.08M
Circulating supply
0 UMM
Conversion tables
The exchange rate of UMM is increasing.1 UMM is currently valued at د.م. 23.94 MAD , which means buying 5 UMM will cost د.م. 119.72 MAD . Similarly, د.م.1 MAD can be traded for 0.04176 UMM, and د.م.50 MAD can be converted to 2.09 UMM, excluding any platform or gas fees.
The exchange rate of 1 UMM to Moroccan Dirham has changed by +15.19% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.57%, reaching a high of 24.05 MAD and a low of 23.09 MAD . One month ago, the value of 1 UMM was د.م. 13.15 MAD , which represents a +81.83% change from its current value. Over the last year, UMM has changed by , resulting in a change of +23.65% in its value.
+د.م.
4.59MADUMM to MAD
Amount
12:57 today
0.5 UMM
د.م.11.97
1 UMM
د.م.23.94
5 UMM
د.م.119.72
10 UMM
د.م.239.44
50 UMM
د.م.1,197.2
100 UMM
د.م.2,394.4
500 UMM
د.م.11,971.98
1000 UMM
د.م.23,943.96
MAD to UMM
Amount12:57 today
0.5MAD0.02088 UMM
1MAD0.04176 UMM
5MAD0.2088 UMM
10MAD0.4176 UMM
50MAD2.09 UMM
100MAD4.18 UMM
500MAD20.88 UMM
1000MAD41.76 UMM
Today vs. 24 hours ago
| Amount | 12:57 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 UMM | $1.19 | $1.2 | -0.57% |
| 1 UMM | $2.39 | $2.4 | -0.57% |
| 5 UMM | $11.94 | $12.01 | -0.57% |
| 10 UMM | $23.89 | $24.02 | -0.57% |
| 50 UMM | $119.43 | $120.12 | -0.57% |
| 100 UMM | $238.86 | $240.25 | -0.57% |
| 500 UMM | $1,194.32 | $1,201.23 | -0.57% |
| 1000 UMM | $2,388.64 | $2,402.47 | -0.57% |
Today vs. 1 month ago
| Amount | 12:57 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 UMM | $1.19 | $0.6560 | +81.83% |
| 1 UMM | $2.39 | $1.31 | +81.83% |
| 5 UMM | $11.94 | $6.56 | +81.83% |
| 10 UMM | $23.89 | $13.12 | +81.83% |
| 50 UMM | $119.43 | $65.6 | +81.83% |
| 100 UMM | $238.86 | $131.21 | +81.83% |
| 500 UMM | $1,194.32 | $656.05 | +81.83% |
| 1000 UMM | $2,388.64 | $1,312.1 | +81.83% |
Today vs. 1 year ago
| Amount | 12:57 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 UMM | $1.19 | $0.9655 | +23.65% |
| 1 UMM | $2.39 | $1.93 | +23.65% |
| 5 UMM | $11.94 | $9.66 | +23.65% |
| 10 UMM | $23.89 | $19.31 | +23.65% |
| 50 UMM | $119.43 | $96.55 | +23.65% |
| 100 UMM | $238.86 | $193.1 | +23.65% |
| 500 UMM | $1,194.32 | $965.51 | +23.65% |
| 1000 UMM | $2,388.64 | $1,931.02 | +23.65% |
UMM price prediction
What will the price of UMM be in 2025?
Based on UMM's historical price performance prediction model, the price of UMM is projected to reach $3.24 in 2025.
What will the price of UMM be in 2030?
In 2030, the UMM price is expected to change by -2.00%. By the end of 2030, the UMM price is projected to reach $6.64, with a cumulative ROI of +175.95%.
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Popular UMM conversions
Check out these popular currency conversions of UMM to several fiat currencies.
UMM to USD
1 UMM to $ 2.39 USD
UMM to GBP
1 UMM to £ 1.9 GBP
UMM to EUR
1 UMM to € 2.29 EUR
UMM to KRW
1 UMM to ₩ 3,454.98 KRW
UMM to CAD
1 UMM to $ 3.43 CAD
UMM to AUD
1 UMM to $ 3.82 AUD
UMM to JPY
1 UMM to ¥ 373.69 JPY
UMM to BRL
1 UMM to R$ 14.54 BRL
UMM to CNY
1 UMM to ¥ 17.43 CNY
UMM to TWD
1 UMM to NT$ 77.94 TWD
Popular cryptocurrencies to MAD
Explore other cryptocurrencies based on your interest in UMM.
Hive to MAD
1 HIVE to د.م. 4.1 MAD
IDEX to MAD
1 IDEX to د.م. 0.6095 MAD
Adventure Gold to MAD
1 AGLD to د.م. 17.92 MAD
Shoggoth (shoggoth.monster) to MAD
1 SHOGGOTH to د.م. 0.5199 MAD
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HEX (PulseChain) to MAD
1 HEX to د.م. 0.1646 MAD
Hunt Town to MAD
1 HUNT to د.م. 3.96 MAD
Livepeer to MAD
1 LPT to د.م. 149.76 MAD
HEX to MAD
1 HEX to د.م. 0.03624 MAD
Chintai to MAD
1 CHEX to د.م. 5.4 MAD
PulseX to MAD
1 PLSX to د.م. 0.0003439 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 UMM 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 UMM 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 UMM 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.
