HEZ
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 Hermez Network(HEZ) to Moroccan Dirham(MAD). This is the real-time data. The current conversion shows 1 HEZ at a value of 1 HEZ for 38.19 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 Hermez Network currency pair is the HEZ to MAD, with for Hermez Network's currency code being HEZ. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for MAD.
HEZ to MAD conversion rate trend
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In the past 1D, Hermez Network has changed -1.18% to MAD. Based on the trend and price charts, Hermez Network(HEZ) has changed -1.18% to MAD while Moroccan Dirham(MAD) has changed % to HEZ in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | د.م.38.08 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/12/23 08:30:35(UTC+0)
How to buy Hermez Network
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 Hermez Network (HEZ)
Use a variety of payment options to buy Hermez Network on Bitget. We'll show you how.
Buy HEZ (or USDT) for MAD (Moroccan Dirham) offers
Bitget P2P trading does not currently support direct buying of HEZ with MAD. However, you can buy USDT in Bitget P2P trading first, and then buy HEZ 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 HEZ (or USDT) for MAD (Moroccan Dirham) offers
Bitget P2P trading currently does not support direct selling of HEZ to MAD. However, you can first exchange HEZ 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 Hermez Network to Moroccan Dirham?
Hermez Network to Moroccan Dirham is falling this week.Hermez Network's current market price is د.م. 38.19 per HEZ, with a total market cap of د.م. 179,478,467.19 MAD based on a circulating supply of 4,700,000 HEZ. The trading volume of Hermez Network has changed by +59.80% (د.م. 178,602.97 MAD) in the last 24 hours. Last trading day, HEZ's trading volume was د.م. 298,683.16.
Market cap
$17.91M
24h volume
$47.63K
Circulating supply
4.70M HEZ
Conversion tables
The exchange rate of Hermez Network is decreasing.1 HEZ is currently valued at د.م. 38.19 MAD , which means buying 5 HEZ will cost د.م. 190.93 MAD . Similarly, د.م.1 MAD can be traded for 0.02619 HEZ, and د.م.50 MAD can be converted to 1.31 HEZ, excluding any platform or gas fees.
The exchange rate of 1 HEZ to Moroccan Dirham has changed by -6.79% in the last 7 days. In the last 24 hours, the rate has fluctuated by -1.18%, reaching a high of 38.76 MAD and a low of 37.97 MAD . One month ago, the value of 1 HEZ was د.م. 41.23 MAD , which represents a -7.39% change from its current value. Over the last year, Hermez Network has changed by , resulting in a change of +5.27% in its value.
+د.م.
1.91MADHEZ to MAD
Amount
09:39 am today
0.5 HEZ
د.م.19.09
1 HEZ
د.م.38.19
5 HEZ
د.م.190.93
10 HEZ
د.م.381.87
50 HEZ
د.م.1,909.35
100 HEZ
د.م.3,818.69
500 HEZ
د.م.19,093.45
1000 HEZ
د.م.38,186.91
MAD to HEZ
Amount09:39 am today
0.5MAD0.01309 HEZ
1MAD0.02619 HEZ
5MAD0.1309 HEZ
10MAD0.2619 HEZ
50MAD1.31 HEZ
100MAD2.62 HEZ
500MAD13.09 HEZ
1000MAD26.19 HEZ
Today vs. 24 hours ago
| Amount | 09:39 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 HEZ | $1.91 | $1.93 | -1.18% |
| 1 HEZ | $3.81 | $3.86 | -1.18% |
| 5 HEZ | $19.05 | $19.28 | -1.18% |
| 10 HEZ | $38.1 | $38.56 | -1.18% |
| 50 HEZ | $190.52 | $192.81 | -1.18% |
| 100 HEZ | $381.05 | $385.61 | -1.18% |
| 500 HEZ | $1,905.23 | $1,928.07 | -1.18% |
| 1000 HEZ | $3,810.46 | $3,856.14 | -1.18% |
Today vs. 1 month ago
| Amount | 09:39 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 HEZ | $1.91 | $2.06 | -7.39% |
| 1 HEZ | $3.81 | $4.11 | -7.39% |
| 5 HEZ | $19.05 | $20.57 | -7.39% |
| 10 HEZ | $38.1 | $41.15 | -7.39% |
| 50 HEZ | $190.52 | $205.73 | -7.39% |
| 100 HEZ | $381.05 | $411.46 | -7.39% |
| 500 HEZ | $1,905.23 | $2,057.28 | -7.39% |
| 1000 HEZ | $3,810.46 | $4,114.56 | -7.39% |
Today vs. 1 year ago
| Amount | 09:39 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 HEZ | $1.91 | $1.81 | +5.27% |
| 1 HEZ | $3.81 | $3.62 | +5.27% |
| 5 HEZ | $19.05 | $18.1 | +5.27% |
| 10 HEZ | $38.1 | $36.2 | +5.27% |
| 50 HEZ | $190.52 | $180.99 | +5.27% |
| 100 HEZ | $381.05 | $361.98 | +5.27% |
| 500 HEZ | $1,905.23 | $1,809.89 | +5.27% |
| 1000 HEZ | $3,810.46 | $3,619.78 | +5.27% |
Hermez Network price prediction
What will the price of HEZ be in 2025?
Based on HEZ's historical price performance prediction model, the price of HEZ is projected to reach $4.44 in 2025.
What will the price of HEZ be in 2030?
In 2030, the HEZ price is expected to change by -9.00%. By the end of 2030, the HEZ price is projected to reach $6.3, with a cumulative ROI of +63.80%.
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Popular Hermez Network conversions
Check out these popular currency conversions of Hermez Network to several fiat currencies.
Hermez Network to USD
1 HEZ to $ 3.81 USD
Hermez Network to GBP
1 HEZ to £ 3.03 GBP
Hermez Network to EUR
1 HEZ to € 3.65 EUR
Hermez Network to KRW
1 HEZ to ₩ 5,534.43 KRW
Hermez Network to CAD
1 HEZ to $ 5.48 CAD
Hermez Network to AUD
1 HEZ to $ 6.1 AUD
Hermez Network to JPY
1 HEZ to ¥ 597.37 JPY
Hermez Network to BRL
1 HEZ to R$ 23.17 BRL
Hermez Network to CNY
1 HEZ to ¥ 27.83 CNY
Hermez Network to TWD
1 HEZ to NT$ 124.65 TWD
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1 STEEM to د.م. 2.29 MAD
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1 QKC to د.م. 0.1213 MAD
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1 AAVE to د.م. 3,364.16 MAD
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1 MBL to د.م. 0.03536 MAD
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1 ALGO to د.م. 3.68 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 Hermez Network 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 Hermez Network 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 Hermez Network 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.
