TRAX
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 TRAX(TRAX) to Moroccan Dirham(MAD). This is the real-time data. The current conversion shows 1 TRAX at a value of 1 TRAX for 0.04 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 TRAX currency pair is the TRAX to MAD, with for TRAX's currency code being TRAX. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for MAD.
TRAX to MAD conversion rate trend
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In the past 1D, TRAX has changed +0.88% to MAD. Based on the trend and price charts, TRAX(TRAX) has changed +0.88% to MAD while Moroccan Dirham(MAD) has changed % to TRAX in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | د.م.0.03928 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/12/23 08:32:03(UTC+0)
How to buy TRAX
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Buy TRAX (TRAX)
Use a variety of payment options to buy TRAX on Bitget. We'll show you how.
Buy TRAX (or USDT) for MAD (Moroccan Dirham) offers
Bitget P2P trading does not currently support direct buying of TRAX with MAD. However, you can buy USDT in Bitget P2P trading first, and then buy TRAX 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 TRAX (or USDT) for MAD (Moroccan Dirham) offers
Bitget P2P trading currently does not support direct selling of TRAX to MAD. However, you can first exchange TRAX 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 TRAX to Moroccan Dirham?
TRAX to Moroccan Dirham is falling this week.TRAX's current market price is د.م. 0.03969 per TRAX, with a total market cap of د.م. 0 MAD based on a circulating supply of -- TRAX. The trading volume of TRAX has changed by +18.69% (د.م. 551,025.62 MAD) in the last 24 hours. Last trading day, TRAX's trading volume was د.م. 2,947,669.92.
Market cap
$0
24h volume
$347.32K
Circulating supply
0 TRAX
Conversion tables
The exchange rate of TRAX is increasing.1 TRAX is currently valued at د.م. 0.03969 MAD , which means buying 5 TRAX will cost د.م. 0.1985 MAD . Similarly, د.م.1 MAD can be traded for 25.19 TRAX, and د.م.50 MAD can be converted to 1,259.68 TRAX, excluding any platform or gas fees.
The exchange rate of 1 TRAX to Moroccan Dirham has changed by -19.61% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.88%, reaching a high of 0.04035 MAD and a low of 0.03599 MAD . One month ago, the value of 1 TRAX was د.م. -0.{4}5416 MAD , which represents a -39.83% change from its current value. Over the last year, TRAX has changed by , resulting in a change of -39.27% in its value.
-د.م.
0.02567MADTRAX to MAD
Amount
13:49 today
0.5 TRAX
د.م.0.01985
1 TRAX
د.م.0.03969
5 TRAX
د.م.0.1985
10 TRAX
د.م.0.3969
50 TRAX
د.م.1.98
100 TRAX
د.م.3.97
500 TRAX
د.م.19.85
1000 TRAX
د.م.39.69
MAD to TRAX
Amount13:49 today
0.5MAD12.6 TRAX
1MAD25.19 TRAX
5MAD125.97 TRAX
10MAD251.94 TRAX
50MAD1,259.68 TRAX
100MAD2,519.37 TRAX
500MAD12,596.84 TRAX
1000MAD25,193.69 TRAX
Today vs. 24 hours ago
| Amount | 13:49 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 TRAX | $0.001970 | $0.001953 | +0.88% |
| 1 TRAX | $0.003940 | $0.003906 | +0.88% |
| 5 TRAX | $0.01970 | $0.01953 | +0.88% |
| 10 TRAX | $0.03940 | $0.03906 | +0.88% |
| 50 TRAX | $0.1970 | $0.1953 | +0.88% |
| 100 TRAX | $0.3940 | $0.3906 | +0.88% |
| 500 TRAX | $1.97 | $1.95 | +0.88% |
| 1000 TRAX | $3.94 | $3.91 | +0.88% |
Today vs. 1 month ago
| Amount | 13:49 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 TRAX | $0.001970 | $-0.{5}2688 | -39.83% |
| 1 TRAX | $0.003940 | $-0.{5}5377 | -39.83% |
| 5 TRAX | $0.01970 | $-0.{4}2688 | -39.83% |
| 10 TRAX | $0.03940 | $-0.{4}5377 | -39.83% |
| 50 TRAX | $0.1970 | $-0.0002688 | -39.83% |
| 100 TRAX | $0.3940 | $-0.0005377 | -39.83% |
| 500 TRAX | $1.97 | $-0.002688 | -39.83% |
| 1000 TRAX | $3.94 | $-0.005377 | -39.83% |
Today vs. 1 year ago
| Amount | 13:49 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 TRAX | $0.001970 | $0.003244 | -39.27% |
| 1 TRAX | $0.003940 | $0.006488 | -39.27% |
| 5 TRAX | $0.01970 | $0.03244 | -39.27% |
| 10 TRAX | $0.03940 | $0.06488 | -39.27% |
| 50 TRAX | $0.1970 | $0.3244 | -39.27% |
| 100 TRAX | $0.3940 | $0.6488 | -39.27% |
| 500 TRAX | $1.97 | $3.24 | -39.27% |
| 1000 TRAX | $3.94 | $6.49 | -39.27% |
TRAX price prediction
What will the price of TRAX be in 2025?
Based on TRAX's historical price performance prediction model, the price of TRAX is projected to reach $0.006267 in 2025.
What will the price of TRAX be in 2030?
In 2030, the TRAX price is expected to change by -17.00%. By the end of 2030, the TRAX price is projected to reach $0.008241, with a cumulative ROI of +127.95%.
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Popular TRAX conversions
Check out these popular currency conversions of TRAX to several fiat currencies.
TRAX to USD
1 TRAX to $ 0.003940 USD
TRAX to GBP
1 TRAX to £ 0.003145 GBP
TRAX to EUR
1 TRAX to € 0.003792 EUR
TRAX to KRW
1 TRAX to ₩ 5.73 KRW
TRAX to CAD
1 TRAX to $ 0.005680 CAD
TRAX to AUD
1 TRAX to $ 0.006320 AUD
TRAX to JPY
1 TRAX to ¥ 0.6193 JPY
TRAX to BRL
1 TRAX to R$ 0.02421 BRL
TRAX to CNY
1 TRAX to ¥ 0.02878 CNY
TRAX to TWD
1 TRAX to NT$ 0.1288 TWD
Popular cryptocurrencies to MAD
Explore other cryptocurrencies based on your interest in TRAX.
Bitcoin to MAD
1 BTC to د.م. 956,164.59 MAD
Ethereum to MAD
1 ETH to د.م. 33,344.1 MAD
Aave to MAD
1 AAVE to د.م. 3,361.48 MAD
Verge to MAD
1 XVG to د.م. 0.1242 MAD
QuarkChain to MAD
1 QKC to د.م. 0.1175 MAD
Frax Share to MAD
1 FXS to د.م. 32.22 MAD
Steem to MAD
1 STEEM to د.م. 2.57 MAD
Algorand to MAD
1 ALGO to د.م. 3.58 MAD
Curve DAO Token to MAD
1 CRV to د.م. 8.68 MAD
XRP to MAD
1 XRP to د.م. 21.97 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 TRAX 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 TRAX 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 TRAX 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.
