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FYDcoin to Moroccan Dirham Converter and calculator

Convert 1FYDcoin (FYD) to Moroccan Dirham (MAD) equals د.م. 0.004806 | Bitget
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Last updated 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of FYDcoin(FYD) to Moroccan Dirham(MAD). This is the real-time data. The current conversion shows 1 FYD at a value of 1 FYD for 0.00 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.

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Bitget crypto-to-fiat exchange data shows that the most popular FYDcoin currency pair is the FYD to MAD, with for FYDcoin's currency code being FYD. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for MAD.

FYD to MAD conversion rate trend

1D7D1M3M1YAll
In the past 1D, FYDcoin has changed -0.98% to MAD. Based on the trend and price charts, FYDcoin(FYD) has changed -0.98% to MAD while Moroccan Dirham(MAD) has changed % to FYD in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
د.م.0.004778
0.0200% / 0.0320%vip-iconVIP 7
Last updated 2024/12/23 08:31:27(UTC+0)

How to buy FYDcoin

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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.
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Verify your identity by entering your personal information and uploading a valid photo ID.
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Buy FYDcoin (FYD)
Use a variety of payment options to buy FYDcoin on Bitget. We'll show you how.

Buy FYD (or USDT) for MAD (Moroccan Dirham) offers

Bitget P2P trading does not currently support direct buying of FYD with MAD. However, you can buy USDT in Bitget P2P trading first, and then buy FYD with USDT via Bitget spot market.
Merchants (trades/completion rate)PriceAmount/limit
Low to high
Payment methods
Zero fees
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Sell FYD (or USDT) for MAD (Moroccan Dirham) offers

Bitget P2P trading currently does not support direct selling of FYD to MAD. However, you can first exchange FYD for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
Merchants (trades/completion rate)PriceAmount/limit
High to low
Payment methods
Zero fees
Action
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What factors influence the conversion rate of FYDcoin to Moroccan Dirham?

FYDcoin to Moroccan Dirham is falling this week.
FYDcoin's current market price is د.م. 0.004806 per FYD, with a total market cap of د.م. 2,950,619.15 MAD based on a circulating supply of 613,982,900 FYD. The trading volume of FYDcoin has changed by 0.00% (د.م. 0 MAD) in the last 24 hours. Last trading day, FYD's trading volume was د.م. 0.
Market cap
$294.43K
24h volume
$0
Circulating supply
613.98M FYD

Conversion tables

The exchange rate of FYDcoin is decreasing.
1 FYD is currently valued at د.م. 0.004806 MAD , which means buying 5 FYD will cost د.م. 0.02403 MAD . Similarly, د.م.1 MAD can be traded for 208.09 FYD, and د.م.50 MAD can be converted to 10,404.31 FYD, excluding any platform or gas fees.
The exchange rate of 1 FYD to Moroccan Dirham has changed by -8.39% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.98%, reaching a high of 0.004874 MAD and a low of 0.004697 MAD . One month ago, the value of 1 FYD was د.م. 0.004933 MAD , which represents a -2.58% change from its current value. Over the last year, FYDcoin has changed by
+د.م.
0.002837MAD
, resulting in a change of +143.92% in its value.

FYD to MAD

Amount
10:08 am today
0.5 FYD
د.م.0.002403
1 FYD
د.م.0.004806
5 FYD
د.م.0.02403
10 FYD
د.م.0.04806
50 FYD
د.م.0.2403
100 FYD
د.م.0.4806
500 FYD
د.م.2.4
1000 FYD
د.م.4.81

MAD to FYD

Amount10:08 am today
0.5MAD104.04  FYD
1MAD208.09  FYD
5MAD1,040.43  FYD
10MAD2,080.86  FYD
50MAD10,404.31  FYD
100MAD20,808.61  FYD
500MAD104,043.06  FYD
1000MAD208,086.13  FYD

Today vs. 24 hours ago

Amount10:08 am today24 hours ago24h change
0.5 FYD$0.0002398$0.0002421
-0.98%
1 FYD$0.0004795$0.0004843
-0.98%
5 FYD$0.002398$0.002421
-0.98%
10 FYD$0.004795$0.004843
-0.98%
50 FYD$0.02398$0.02421
-0.98%
100 FYD$0.04795$0.04843
-0.98%
500 FYD$0.2398$0.2421
-0.98%
1000 FYD$0.4795$0.4843
-0.98%

Today vs. 1 month ago

Amount10:08 am today1 month ago1M change
0.5 FYD$0.0002398$0.0002461
-2.58%
1 FYD$0.0004795$0.0004922
-2.58%
5 FYD$0.002398$0.002461
-2.58%
10 FYD$0.004795$0.004922
-2.58%
50 FYD$0.02398$0.02461
-2.58%
100 FYD$0.04795$0.04922
-2.58%
500 FYD$0.2398$0.2461
-2.58%
1000 FYD$0.4795$0.4922
-2.58%

Today vs. 1 year ago

Amount10:08 am today1 year ago1Y change
0.5 FYD$0.0002398$0.{4}9820
+143.92%
1 FYD$0.0004795$0.0001964
+143.92%
5 FYD$0.002398$0.0009820
+143.92%
10 FYD$0.004795$0.001964
+143.92%
50 FYD$0.02398$0.009820
+143.92%
100 FYD$0.04795$0.01964
+143.92%
500 FYD$0.2398$0.09820
+143.92%
1000 FYD$0.4795$0.1964
+143.92%

FYDcoin price prediction

What will the price of FYD be in 2025?

Based on FYD's historical price performance prediction model, the price of FYD is projected to reach $0.0005585 in 2025.

What will the price of FYD be in 2030?

In 2030, the FYD price is expected to change by +4.00%. By the end of 2030, the FYD price is projected to reach $0.001160, with a cumulative ROI of +138.09%.

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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 FYDcoin 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 FYDcoin 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 FYDcoin 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.