MAGIK
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 Magik Finance(MAGIK) to Moroccan Dirham(MAD). This is the real-time data. The current conversion shows 1 MAGIK at a value of 1 MAGIK for 0.26 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 Magik Finance currency pair is the MAGIK to MAD, with for Magik Finance's currency code being MAGIK. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for MAD.
MAGIK to MAD conversion rate trend
1D7D1M3M1YAll
In the past 1D, Magik Finance has changed -3.93% to MAD. Based on the trend and price charts, Magik Finance(MAGIK) has changed -3.93% to MAD while Moroccan Dirham(MAD) has changed % to MAGIK in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | د.م.0.2618 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/12/23 08:34:29(UTC+0)
How to buy Magik Finance
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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 Magik Finance (MAGIK)
Use a variety of payment options to buy Magik Finance on Bitget. We'll show you how.
Buy MAGIK (or USDT) for MAD (Moroccan Dirham) offers
Bitget P2P trading does not currently support direct buying of MAGIK with MAD. However, you can buy USDT in Bitget P2P trading first, and then buy MAGIK 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 MAGIK (or USDT) for MAD (Moroccan Dirham) offers
Bitget P2P trading currently does not support direct selling of MAGIK to MAD. However, you can first exchange MAGIK 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 Magik Finance to Moroccan Dirham?
Magik Finance to Moroccan Dirham is rising this week.Magik Finance's current market price is د.م. 0.2618 per MAGIK, with a total market cap of د.م. 0 MAD based on a circulating supply of -- MAGIK. The trading volume of Magik Finance has changed by -97.33% (د.م. -5,438.81 MAD) in the last 24 hours. Last trading day, MAGIK's trading volume was د.م. 5,587.75.
Market cap
$0
24h volume
$14.78520139
Circulating supply
0 MAGIK
Conversion tables
The exchange rate of Magik Finance is increasing.1 MAGIK is currently valued at د.م. 0.2618 MAD , which means buying 5 MAGIK will cost د.م. 1.31 MAD . Similarly, د.م.1 MAD can be traded for 3.82 MAGIK, and د.م.50 MAD can be converted to 191 MAGIK, excluding any platform or gas fees.
The exchange rate of 1 MAGIK to Moroccan Dirham has changed by +23.90% in the last 7 days. In the last 24 hours, the rate has fluctuated by -3.93%, reaching a high of 0.2882 MAD and a low of 0.2618 MAD . One month ago, the value of 1 MAGIK was د.م. 0.2291 MAD , which represents a +14.25% change from its current value. Over the last year, Magik Finance has changed by , resulting in a change of +109.41% in its value.
+د.م.
0.1368MADMAGIK to MAD
Amount
13:36 today
0.5 MAGIK
د.م.0.1309
1 MAGIK
د.م.0.2618
5 MAGIK
د.م.1.31
10 MAGIK
د.م.2.62
50 MAGIK
د.م.13.09
100 MAGIK
د.م.26.18
500 MAGIK
د.م.130.89
1000 MAGIK
د.م.261.78
MAD to MAGIK
Amount13:36 today
0.5MAD1.91 MAGIK
1MAD3.82 MAGIK
5MAD19.1 MAGIK
10MAD38.2 MAGIK
50MAD191 MAGIK
100MAD381.99 MAGIK
500MAD1,909.97 MAGIK
1000MAD3,819.94 MAGIK
Today vs. 24 hours ago
| Amount | 13:36 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 MAGIK | $0.01299 | $0.01353 | -3.93% |
| 1 MAGIK | $0.02599 | $0.02705 | -3.93% |
| 5 MAGIK | $0.1299 | $0.1353 | -3.93% |
| 10 MAGIK | $0.2599 | $0.2705 | -3.93% |
| 50 MAGIK | $1.3 | $1.35 | -3.93% |
| 100 MAGIK | $2.6 | $2.71 | -3.93% |
| 500 MAGIK | $12.99 | $13.53 | -3.93% |
| 1000 MAGIK | $25.99 | $27.05 | -3.93% |
Today vs. 1 month ago
| Amount | 13:36 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 MAGIK | $0.01299 | $0.01137 | +14.25% |
| 1 MAGIK | $0.02599 | $0.02275 | +14.25% |
| 5 MAGIK | $0.1299 | $0.1137 | +14.25% |
| 10 MAGIK | $0.2599 | $0.2275 | +14.25% |
| 50 MAGIK | $1.3 | $1.14 | +14.25% |
| 100 MAGIK | $2.6 | $2.27 | +14.25% |
| 500 MAGIK | $12.99 | $11.37 | +14.25% |
| 1000 MAGIK | $25.99 | $22.75 | +14.25% |
Today vs. 1 year ago
| Amount | 13:36 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 MAGIK | $0.01299 | $0.006205 | +109.41% |
| 1 MAGIK | $0.02599 | $0.01241 | +109.41% |
| 5 MAGIK | $0.1299 | $0.06205 | +109.41% |
| 10 MAGIK | $0.2599 | $0.1241 | +109.41% |
| 50 MAGIK | $1.3 | $0.6205 | +109.41% |
| 100 MAGIK | $2.6 | $1.24 | +109.41% |
| 500 MAGIK | $12.99 | $6.21 | +109.41% |
| 1000 MAGIK | $25.99 | $12.41 | +109.41% |
Magik Finance price prediction
What will the price of MAGIK be in 2025?
Based on MAGIK's historical price performance prediction model, the price of MAGIK is projected to reach $0.03293 in 2025.
What will the price of MAGIK be in 2030?
In 2030, the MAGIK price is expected to change by -6.00%. By the end of 2030, the MAGIK price is projected to reach $0.03164, with a cumulative ROI of +21.76%.
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Popular Magik Finance conversions
Check out these popular currency conversions of Magik Finance to several fiat currencies.
Magik Finance to USD
1 MAGIK to $ 0.02599 USD
Magik Finance to GBP
1 MAGIK to £ 0.02074 GBP
Magik Finance to EUR
1 MAGIK to € 0.02501 EUR
Magik Finance to KRW
1 MAGIK to ₩ 37.77 KRW
Magik Finance to CAD
1 MAGIK to $ 0.03746 CAD
Magik Finance to AUD
1 MAGIK to $ 0.04168 AUD
Magik Finance to JPY
1 MAGIK to ¥ 4.08 JPY
Magik Finance to BRL
1 MAGIK to R$ 0.1597 BRL
Magik Finance to CNY
1 MAGIK to ¥ 0.1898 CNY
Magik Finance to TWD
1 MAGIK to NT$ 0.8494 TWD
Popular cryptocurrencies to MAD
Explore other cryptocurrencies based on your interest in Magik Finance.
Bitcoin to MAD
1 BTC to د.م. 963,583.37 MAD
Ethereum to MAD
1 ETH to د.م. 33,588.11 MAD
Aave to MAD
1 AAVE to د.م. 3,382.38 MAD
Verge to MAD
1 XVG to د.م. 0.1255 MAD
QuarkChain to MAD
1 QKC to د.م. 0.1168 MAD
Frax Share to MAD
1 FXS to د.م. 32.44 MAD
Steem to MAD
1 STEEM to د.م. 2.61 MAD
Algorand to MAD
1 ALGO to د.م. 3.62 MAD
Curve DAO Token to MAD
1 CRV to د.م. 8.78 MAD
XRP to MAD
1 XRP to د.م. 22.2 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 Magik 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 Magik 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 Magik 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.
