PHNX
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 PhoenixDAO(PHNX) to Moroccan Dirham(MAD). This is the real-time data. The current conversion shows 1 PHNX at a value of 1 PHNX for 0.01 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 PhoenixDAO currency pair is the PHNX to MAD, with for PhoenixDAO's currency code being PHNX. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for MAD.
PHNX to MAD conversion rate trend
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In the past 1D, PhoenixDAO has changed -0.99% to MAD. Based on the trend and price charts, PhoenixDAO(PHNX) has changed -0.99% to MAD while Moroccan Dirham(MAD) has changed % to PHNX in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | د.م.0.008575 | 0.0200% / 0.0320%  VIP 7 | |
KuCoin | د.م.0.0001503 | 0.1000% / 0.1000% | Yes |
Last updated 2024/03/08 01:00:30(UTC+0)
How to buy PhoenixDAO
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Verify your identity by entering your personal information and uploading a valid photo ID.
Buy PhoenixDAO (PHNX)
Use a variety of payment options to buy PhoenixDAO on Bitget. We'll show you how.
Buy PHNX (or USDT) for MAD (Moroccan Dirham) offers
Bitget P2P trading does not currently support direct buying of PHNX with MAD. However, you can buy USDT in Bitget P2P trading first, and then buy PHNX 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 PHNX (or USDT) for MAD (Moroccan Dirham) offers
Bitget P2P trading currently does not support direct selling of PHNX to MAD. However, you can first exchange PHNX 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 PhoenixDAO to Moroccan Dirham?
PhoenixDAO to Moroccan Dirham is falling this week.PhoenixDAO's current market price is د.م. 0.008644 per PHNX, with a total market cap of د.م. 751,989.33 MAD based on a circulating supply of 87,000,000 PHNX. The trading volume of PhoenixDAO has changed by -1.04% (د.م. -4.75 MAD) in the last 24 hours. Last trading day, PHNX's trading volume was د.م. 458.64.
Market cap
$75.04K
24h volume
$45.29153544
Circulating supply
87.00M PHNX
Conversion tables
The exchange rate of PhoenixDAO is decreasing.1 PHNX is currently valued at د.م. 0.008644 MAD , which means buying 5 PHNX will cost د.م. 0.04322 MAD . Similarly, د.م.1 MAD can be traded for 115.69 PHNX, and د.م.50 MAD can be converted to 5,784.66 PHNX, excluding any platform or gas fees.
The exchange rate of 1 PHNX to Moroccan Dirham has changed by -8.21% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.99%, reaching a high of 0.008762 MAD and a low of 0.008444 MAD . One month ago, the value of 1 PHNX was د.م. 0.008880 MAD , which represents a -2.66% change from its current value. Over the last year, PhoenixDAO has changed by , resulting in a change of -86.74% in its value.
-د.م.
0.05653MADPHNX to MAD
Amount
10:13 am today
0.5 PHNX
د.م.0.004322
1 PHNX
د.م.0.008644
5 PHNX
د.م.0.04322
10 PHNX
د.م.0.08644
50 PHNX
د.م.0.4322
100 PHNX
د.م.0.8644
500 PHNX
د.م.4.32
1000 PHNX
د.م.8.64
MAD to PHNX
Amount10:13 am today
0.5MAD57.85 PHNX
1MAD115.69 PHNX
5MAD578.47 PHNX
10MAD1,156.93 PHNX
50MAD5,784.66 PHNX
100MAD11,569.31 PHNX
500MAD57,846.57 PHNX
1000MAD115,693.13 PHNX
Today vs. 24 hours ago
| Amount | 10:13 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 PHNX | $0.0004312 | $0.0004355 | -0.99% |
| 1 PHNX | $0.0008625 | $0.0008711 | -0.99% |
| 5 PHNX | $0.004312 | $0.004355 | -0.99% |
| 10 PHNX | $0.008625 | $0.008711 | -0.99% |
| 50 PHNX | $0.04312 | $0.04355 | -0.99% |
| 100 PHNX | $0.08625 | $0.08711 | -0.99% |
| 500 PHNX | $0.4312 | $0.4355 | -0.99% |
| 1000 PHNX | $0.8625 | $0.8711 | -0.99% |
Today vs. 1 month ago
| Amount | 10:13 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 PHNX | $0.0004312 | $0.0004430 | -2.66% |
| 1 PHNX | $0.0008625 | $0.0008861 | -2.66% |
| 5 PHNX | $0.004312 | $0.004430 | -2.66% |
| 10 PHNX | $0.008625 | $0.008861 | -2.66% |
| 50 PHNX | $0.04312 | $0.04430 | -2.66% |
| 100 PHNX | $0.08625 | $0.08861 | -2.66% |
| 500 PHNX | $0.4312 | $0.4430 | -2.66% |
| 1000 PHNX | $0.8625 | $0.8861 | -2.66% |
Today vs. 1 year ago
| Amount | 10:13 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 PHNX | $0.0004312 | $0.003252 | -86.74% |
| 1 PHNX | $0.0008625 | $0.006503 | -86.74% |
| 5 PHNX | $0.004312 | $0.03252 | -86.74% |
| 10 PHNX | $0.008625 | $0.06503 | -86.74% |
| 50 PHNX | $0.04312 | $0.3252 | -86.74% |
| 100 PHNX | $0.08625 | $0.6503 | -86.74% |
| 500 PHNX | $0.4312 | $3.25 | -86.74% |
| 1000 PHNX | $0.8625 | $6.5 | -86.74% |
PhoenixDAO price prediction
What will the price of PHNX be in 2025?
Based on PHNX's historical price performance prediction model, the price of PHNX is projected to reach $0.002059 in 2025.
What will the price of PHNX be in 2030?
In 2030, the PHNX price is expected to change by +1.00%. By the end of 2030, the PHNX price is projected to reach $0.002646, with a cumulative ROI of +201.52%.
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Popular PhoenixDAO conversions
Check out these popular currency conversions of PhoenixDAO to several fiat currencies.
PhoenixDAO to USD
1 PHNX to $ 0.0008625 USD
PhoenixDAO to GBP
1 PHNX to £ 0.0006864 GBP
PhoenixDAO to EUR
1 PHNX to € 0.0008265 EUR
PhoenixDAO to KRW
1 PHNX to ₩ 1.25 KRW
PhoenixDAO to CAD
1 PHNX to $ 0.001240 CAD
PhoenixDAO to AUD
1 PHNX to $ 0.001380 AUD
PhoenixDAO to JPY
1 PHNX to ¥ 0.1352 JPY
PhoenixDAO to BRL
1 PHNX to R$ 0.005244 BRL
PhoenixDAO to CNY
1 PHNX to ¥ 0.006299 CNY
PhoenixDAO to TWD
1 PHNX to NT$ 0.02821 TWD
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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 PhoenixDAO 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 PhoenixDAO 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 PhoenixDAO 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.
