LUNAR to MAD Converter and calculator


Conversion rates
Convert LUNAR to MAD
Convert MAD to LUNAR
LUNAR to MAD chart
LUNAR to MAD conversion data: Volatility and price changes of Lunar New Year in MAD
Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
---|---|---|---|---|
High | 0.{4}9318 MAD | 0.0001054 MAD | 0.0001090 MAD | 0.0001496 MAD |
Low | 0.{4}9173 MAD | 0.{4}9173 MAD | 0.{4}9138 MAD | 0.{4}6234 MAD |
Average | 0 MAD | 0 MAD | 0 MAD | 0 MAD |
Volatility | % | % | % | % |
Change | -1.56% | -12.98% | -4.99% | -5.38% |
Lunar New Year information
LUNAR to MAD market statistics
Current LUNAR to MAD exchange rate
Lunar New Year to Moroccan Dirham is falling this week.More info about Lunar New Year on Bitget
Moroccan Dirham 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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LUNAR to MAD Conversion tables
Amount | 03:34 am today | 24 hours ago | 24h change |
---|---|---|---|
0.5 LUNAR | د.م.0.{4}4571 | د.م.0.{4}4644 | -1.56% |
1 LUNAR | د.م.0.{4}9142 | د.م.0.{4}9287 | -1.56% |
5 LUNAR | د.م.0.0004571 | د.م.0.0004644 | -1.56% |
10 LUNAR | د.م.0.0009142 | د.م.0.0009287 | -1.56% |
50 LUNAR | د.م.0.004571 | د.م.0.004644 | -1.56% |
100 LUNAR | د.م.0.009142 | د.م.0.009287 | -1.56% |
500 LUNAR | د.م.0.04571 | د.م.0.04644 | -1.56% |
1000 LUNAR | د.م.0.09142 | د.م.0.09287 | -1.56% |
LUNAR to MAD FAQ
What factors influence the conversion rate of LUNAR to MAD?
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The price of Lunar New Year in the US is $0.{4}1001 USD. Additionally, Lunar New Year’s price is €0.{5}8686 EUR in the eurozone, £0.{5}7439 GBP in the UK, C$0.{4}1375 CAD in Canada, ₹0.0008669 INR in India, ₨0.002842 PKR in Pakistan, R$0.{4}5519 BRL in Brazil, and more.
The most popular Lunar New Year currency pair is the LUNAR to Moroccan Dirham(MAD). The price of 1 Lunar New Year (LUNAR) in Moroccan Dirham (MAD) is د.م.0.{4}9142.
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