VELO
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 Velodrome Finance(VELO) to Moroccan Dirham(MAD). This is the real-time data. The current conversion shows 1 VELO at a value of 1 VELO for 1.81 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 Velodrome Finance currency pair is the VELO to MAD, with for Velodrome Finance's currency code being VELO. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for MAD.
VELO to MAD conversion rate trend
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In the past 1D, Velodrome Finance has changed -11.40% to MAD. Based on the trend and price charts, Velodrome Finance(VELO) has changed -11.40% to MAD while Moroccan Dirham(MAD) has changed % to VELO in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | د.م.1.81 | 0.0200% / 0.0320%  VIP 7 | |
Binance | د.م.1.81 | 0.1000% / 0.1000% | Yes |
OKX | د.م.1.81 | 0.080% / 0.100% | Yes |
Gate.io | د.م.1.81 | 0.1000% / 0.1000% | Yes |
Last updated 2024/12/22 00:00:24(UTC+0)
How to buy Velodrome Finance
Create Your Free Bitget Account
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Verify your identity by entering your personal information and uploading a valid photo ID.
Buy Velodrome Finance (VELO)
Use a variety of payment options to buy Velodrome Finance on Bitget. We'll show you how.
Learn MoreBuy VELO (or USDT) for MAD (Moroccan Dirham) offers
Bitget P2P trading does not currently support direct buying of VELO with MAD. However, you can buy USDT in Bitget P2P trading first, and then buy VELO 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 VELO (or USDT) for MAD (Moroccan Dirham) offers
Bitget P2P trading currently does not support direct selling of VELO to MAD. However, you can first exchange VELO 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 Velodrome Finance to Moroccan Dirham?
Velodrome Finance to Moroccan Dirham is falling this week.Velodrome Finance's current market price is د.م. 1.81 per VELO, with a total market cap of د.م. 1,599,124,223.39 MAD based on a circulating supply of 882,642,100 VELO. The trading volume of Velodrome Finance has changed by -57.45% (د.م. -586,394,171.14 MAD) in the last 24 hours. Last trading day, VELO's trading volume was د.م. 1,020,742,606.58.
Market cap
$159.53M
24h volume
$43.33M
Circulating supply
882.64M VELO
Conversion tables
The exchange rate of Velodrome Finance is increasing.1 VELO is currently valued at د.م. 1.81 MAD , which means buying 5 VELO will cost د.م. 9.06 MAD . Similarly, د.م.1 MAD can be traded for 0.5520 VELO, and د.م.50 MAD can be converted to 27.6 VELO, excluding any platform or gas fees.
The exchange rate of 1 VELO to Moroccan Dirham has changed by -25.22% in the last 7 days. In the last 24 hours, the rate has fluctuated by -11.40%, reaching a high of 2.07 MAD and a low of 1.77 MAD . One month ago, the value of 1 VELO was د.م. 0.9630 MAD , which represents a +88.55% change from its current value. Over the last year, Velodrome Finance has changed by , resulting in a change of +175.56% in its value.
+د.م.
1.15MADVELO to MAD
Amount
07:46 am today
0.5 VELO
د.م.0.9059
1 VELO
د.م.1.81
5 VELO
د.م.9.06
10 VELO
د.م.18.12
50 VELO
د.م.90.59
100 VELO
د.م.181.17
500 VELO
د.م.905.87
1000 VELO
د.م.1,811.75
MAD to VELO
Amount07:46 am today
0.5MAD0.2760 VELO
1MAD0.5520 VELO
5MAD2.76 VELO
10MAD5.52 VELO
50MAD27.6 VELO
100MAD55.2 VELO
500MAD275.98 VELO
1000MAD551.95 VELO
Today vs. 24 hours ago
| Amount | 07:46 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 VELO | $0.09037 | $0.1020 | -11.40% |
| 1 VELO | $0.1807 | $0.2039 | -11.40% |
| 5 VELO | $0.9037 | $1.02 | -11.40% |
| 10 VELO | $1.81 | $2.04 | -11.40% |
| 50 VELO | $9.04 | $10.2 | -11.40% |
| 100 VELO | $18.07 | $20.39 | -11.40% |
| 500 VELO | $90.37 | $101.97 | -11.40% |
| 1000 VELO | $180.74 | $203.95 | -11.40% |
Today vs. 1 month ago
| Amount | 07:46 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 VELO | $0.09037 | $0.04804 | +88.55% |
| 1 VELO | $0.1807 | $0.09607 | +88.55% |
| 5 VELO | $0.9037 | $0.4804 | +88.55% |
| 10 VELO | $1.81 | $0.9607 | +88.55% |
| 50 VELO | $9.04 | $4.8 | +88.55% |
| 100 VELO | $18.07 | $9.61 | +88.55% |
| 500 VELO | $90.37 | $48.04 | +88.55% |
| 1000 VELO | $180.74 | $96.07 | +88.55% |
Today vs. 1 year ago
| Amount | 07:46 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 VELO | $0.09037 | $0.03294 | +175.56% |
| 1 VELO | $0.1807 | $0.06588 | +175.56% |
| 5 VELO | $0.9037 | $0.3294 | +175.56% |
| 10 VELO | $1.81 | $0.6588 | +175.56% |
| 50 VELO | $9.04 | $3.29 | +175.56% |
| 100 VELO | $18.07 | $6.59 | +175.56% |
| 500 VELO | $90.37 | $32.94 | +175.56% |
| 1000 VELO | $180.74 | $65.88 | +175.56% |
Velodrome Finance price prediction
What will the price of VELO be in 2025?
Based on VELO's historical price performance prediction model, the price of VELO is projected to reach $0.3074 in 2025.
What will the price of VELO be in 2030?
In 2030, the VELO price is expected to change by +6.00%. By the end of 2030, the VELO price is projected to reach $0.3101, with a cumulative ROI of +37.45%.
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Popular Velodrome Finance conversions
Check out these popular currency conversions of Velodrome Finance to several fiat currencies.
Velodrome Finance to USD
1 VELO to $ 0.1807 USD
Velodrome Finance to GBP
1 VELO to £ 0.1438 GBP
Velodrome Finance to EUR
1 VELO to € 0.1733 EUR
Velodrome Finance to KRW
1 VELO to ₩ 261.42 KRW
Velodrome Finance to CAD
1 VELO to $ 0.2598 CAD
Velodrome Finance to AUD
1 VELO to $ 0.2891 AUD
Velodrome Finance to JPY
1 VELO to ¥ 28.28 JPY
Velodrome Finance to BRL
1 VELO to R$ 1.1 BRL
Velodrome Finance to CNY
1 VELO to ¥ 1.32 CNY
Velodrome Finance to TWD
1 VELO to NT$ 5.9 TWD
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1 BABYPENGU to د.م. 1.52 MAD
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1 HEX to د.م. 0.1827 MAD
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1 JUNO to د.م. 2.78 MAD
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1 SHOGGOTH to د.م. 0.5460 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 Velodrome Finance 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 Velodrome Finance 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 Velodrome Finance 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.
