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PRX to MAD Converter and calculator

PRX/MAD: 1 PRX = 0.2103 MAD. The price of converting 1 Parex (PRX) to Moroccan Dirham (MAD) is 0.2103 MAD today.
PRX
PRX
MAD
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides PRX to MAD real-time exchange rates, making it easy to convert Parex (PRX) to Moroccan Dirham (MAD). The conversion result is based on real-time data. The conversion result shows that 1 PRX is currently valued at 0.2103 MAD. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 PRX is currently valued at 0.2103 MAD, which means buying 5 PRX would cost 1.05 MAD. Similarly, د.م.1 MAD can be converted to 4.76 PRX, and د.م.50 MAD can be converted to 23.78 PRX, excluding any platform or gas fees.

Convert PRX to MAD

Convert MAD to PRX

Parex
Moroccan Dirham
5000 PRX
1,051.28  MAD
10000 PRX
2,102.56  MAD
In the table above, you'll find a comprehensive PRX to MAD converter that shows the value of Parex in Moroccan Dirham across commonly used conversion amounts. The list covers conversions from 1 PRX to MAD, all the way up to 10000 PRX, providing a clear view of their respective values.
Moroccan Dirham
Parex
10000 MAD
47,561.13 PRX
50000 MAD
237,805.65 PRX
100000 MAD
475,611.31 PRX
In the table above, you'll find a comprehensive MAD to PRX converter that shows the value of Moroccan Dirham in Parex across commonly used conversion amounts. The list covers conversions from 1 MAD to PRX, all the way up to 100000 MAD, providing a clear view of their respective values.

PRX to MAD chart

PRX/MAD: 1 PRX = 0.2103 MAD; 2025/06/24 00:41:52
In the past 1D, Parex has changed +6.95% to MAD. Based on the trend and price charts, Parex(PRX) has changed +6.95% to MAD while Moroccan Dirham(MAD) has changed % to PRX in the last 24 hours.
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PRX to MAD conversion data: Volatility and price changes of Parex in MAD

The highest Parex price in MAD over the past 7 days was 0.2258 MAD while the lowest Parex price in MAD over the past 7 days was 0.1679 MAD. The relative change between the highs and lows in Parex price in MAD over the last 7 days indicates a volatility of %. You can view additional volatility data and PRX to MAD prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hours Last 7 days Last 30 days Last 90 days
High
0.2131 MAD
0.2258 MAD
0.2889 MAD
0.5074 MAD
Low
0.1870 MAD
0.1679 MAD
0.1679 MAD
0.1679 MAD
Average
0 MAD
0 MAD
0 MAD
0 MAD
Volatility
%
%
%
%
Change
+6.95%
+16.67%
-24.54%
-39.12%

Parex information

PRX to MAD market statistics

PRX/MAD:
د.م.0.2103
PRX 24h volume:
د.م.1,460,244.33
PRX market cap:
د.م.2,872,145.52
PRX circulating supply:
13.66M PRX

Current PRX to MAD exchange rate

Parex to Moroccan Dirham is rising this week.
Parex's current market price is د.م.0.2103 per PRX, with a total market cap of د.م.2,872,145.52 MAD based on a circulating supply of 13,660,249 PRX. The trading volume of Parex has changed by +36.20% (د.م.388,104.06 MAD) in the last 24 hours. Last trading day, PRX's trading volume was د.م.1,072,140.27.

More info about Parex 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.

Bitget crypto-to-fiat exchange data shows that the most popular Parex currency pair is the PRX to MAD, with for Parex's currency code being PRX. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for MAD.

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How to convert PRX to MAD

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PRX to MAD Conversion tables

The exchange rate of Parex is decreasing.
The exchange rate of 1 PRX to Moroccan Dirham has changed by +16.67% in the last 7 days. In the last 24 hours, the rate has fluctuated by +6.95%, reaching a high of 0.2131 MAD and a low of 0.1870 MAD . One month ago, the value of 1 PRX was د.م.0.2786 MAD , which represents a -24.54% change from its current value. Over the last year, Parex has changed by
-د.م.
2.49MAD
, resulting in a change of -92.20% in its value.
24 hours ago1 month ago1 year ago
Amount 00:41 am today 24 hours ago 24h change
0.5 PRX
د.م.0.1051د.م.0.09830
+6.95%
1 PRX
د.م.0.2103د.م.0.1966
+6.95%
5 PRX
د.م.1.05د.م.0.9830
+6.95%
10 PRX
د.م.2.1د.م.1.97
+6.95%
50 PRX
د.م.10.51د.م.9.83
+6.95%
100 PRX
د.م.21.03د.م.19.66
+6.95%
500 PRX
د.م.105.13د.م.98.3
+6.95%
1000 PRX
د.م.210.26د.م.196.59
+6.95%

PRX to MAD FAQ

How much is 1 Parex in MAD?
Right now, the price of 1 Parex (PRX) in Moroccan Dirham (MAD) is د.م.0.2103.
How much PRX can I buy for 1 MAD?
Based on the current exchange rate, you can get 4.76 PRX for 1 MAD.
How do I calculate or convert PRX to MAD?
You can use our PRX to MAD calculator at the top of this page to convert any amount of PRX to MAD. We've also included quick-reference tables for the most popular conversions. For example, 5 MAD is equivalent to 23.78 PRX, while 5 PRX will cost around 1.05MAD.
What is the highest price of PRX/MAD in history?
The all-time high price of 1 PRX in MAD is د.م.45.84. It remains to be seen if the value of 1 PRX/MAD will exceed the current all-time high.
What is the price trend of Parex in MAD?
Over the past 7 days, the exchange rate of Parex (PRX) has gone up by 16.67%.   Over the last month, the exchange rate of Parex (PRX) has gone down by 24.54% against Moroccan Dirham (MAD).

What factors influence the conversion rate of PRX to MAD?

There are many factors that affect the relationship between Parex and Moroccan Dirham, spanning multiple dimensions such as macroeconomic trends, policy regulation, and technological innovation. Specifically, the following key factors play an important role:
Market sentiment:Investor sentiment and confidence have a significant impact on the dynamics of PRX/MAD. When there is positive news in the market about the widespread adoption of PRX or major technological breakthroughs, it tends to trigger market optimism and drive the rise of PRX/MAD. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in PRX/MAD.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Economic indicators:Macroeconomic factors in the country where the fiat currency is issued—such as inflation rates, interest rates, and key economic growth indicators—play a crucial role in determining the fiat currency's value and indirectly affect the exchange rate of PRX/MAD. For example, high inflation rates may lead to a decrease in market trust in fiat currencies, thereby increasing investors' demand for cryptocurrencies such as Bitcoin as a hedge, driving up their prices.
Technological progress:The continuous development and innovation of blockchain technology, as well as various improvements in the cryptocurrency ecosystem—such as expansion solutions and security enhancements—have provided strong support for the value growth of cryptocurrencies like Bitcoin.
Investors must understand these dynamics to avoid making wrong decisions. After considering these factors, investors should also closely monitor future changes in the price of Parex and adjust their investment strategies accordingly in the evolving market.

Popular exchange rates — Crypto-to-Fiat converter

Bitget crypto-to-fiat exchange data shows the popular Parex currency pairs: PRX to US Dollar (USD), PRX to Euro (EUR), PRX to Pound Sterling (GBP), PRX to Canadian Dollar (CAD), PRX to Indian Rupee (INR), PRX to Pakistani Rupee (PKR), PRX to Brazilian Real (BRL), PRX to…
The price of Parex in the US is $0.02300 USD. Additionally, Parex’s price is €0.01983 EUR in the eurozone, £0.01698 GBP in the UK, C$0.03158 CAD in Canada, ₹1.99 INR in India, ₨6.52 PKR in Pakistan, R$0.1263 BRL in Brazil, and more.
The most popular Parex currency pair is the PRX to Moroccan Dirham(MAD). The price of 1 Parex (PRX) in Moroccan Dirham (MAD) is د.م.0.2103.

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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.