MERY to MAD Converter and calculator


Conversion rates
Convert MERY to MAD
Convert MAD to MERY
MERY to MAD chart
MERY to MAD conversion data: Volatility and price changes of Mistery On Cro in MAD
Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
---|---|---|---|---|
High | 0.{4}8620 MAD | 0.{4}8625 MAD | 0.0001188 MAD | 0.0001854 MAD |
Low | 0.{4}7435 MAD | 0.{4}7435 MAD | 0.{4}7435 MAD | 0.{4}7435 MAD |
Average | 0 MAD | 0 MAD | 0 MAD | 0 MAD |
Volatility | % | % | % | % |
Change | +5.96% | +0.78% | -22.20% | -41.44% |
Mistery On Cro information
MERY to MAD market statistics
Current MERY to MAD exchange rate
Mistery On Cro to Moroccan Dirham is rising this week.More info about Mistery On Cro 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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MERY to MAD Conversion tables
Amount | 02:16 am today | 24 hours ago | 24h change |
---|---|---|---|
0.5 MERY | د.م.0.{4}4168 | د.م.0.{4}3934 | +5.96% |
1 MERY | د.م.0.{4}8337 | د.م.0.{4}7868 | +5.96% |
5 MERY | د.م.0.0004168 | د.م.0.0003934 | +5.96% |
10 MERY | د.م.0.0008337 | د.م.0.0007868 | +5.96% |
50 MERY | د.م.0.004168 | د.م.0.003934 | +5.96% |
100 MERY | د.م.0.008337 | د.م.0.007868 | +5.96% |
500 MERY | د.م.0.04168 | د.م.0.03934 | +5.96% |
1000 MERY | د.م.0.08337 | د.م.0.07868 | +5.96% |
MERY to MAD FAQ
What factors influence the conversion rate of MERY to MAD?
Popular exchange rates — Crypto-to-Fiat converter
The price of Mistery On Cro in the US is $0.{5}9129 USD. Additionally, Mistery On Cro’s price is €0.{5}7921 EUR in the eurozone, £0.{5}6784 GBP in the UK, C$0.{4}1254 CAD in Canada, ₹0.0007906 INR in India, ₨0.002592 PKR in Pakistan, R$0.{4}5033 BRL in Brazil, and more.
The most popular Mistery On Cro currency pair is the MERY to Moroccan Dirham(MAD). The price of 1 Mistery On Cro (MERY) in Moroccan Dirham (MAD) is د.م.0.{4}8337.
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