SQ3 to MAD Converter and calculator


Conversion rates
Convert SQ3 to MAD
Convert MAD to SQ3
SQ3 to MAD chart
SQ3 to MAD conversion data: Volatility and price changes of Squad3 in MAD
Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
---|---|---|---|---|
High | 0.05480 MAD | 0.08250 MAD | 0.4466 MAD | 0.4466 MAD |
Low | 0.02842 MAD | 0.02842 MAD | 0.02842 MAD | 0.01727 MAD |
Average | 0 MAD | 0 MAD | 0 MAD | 0 MAD |
Volatility | % | % | % | % |
Change | -1.10% | -35.55% | -2.15% | +74.41% |
Squad3 information
SQ3 to MAD market statistics
Current SQ3 to MAD exchange rate
Squad3 to Moroccan Dirham is falling this week.More info about Squad3 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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SQ3 to MAD Conversion tables
Amount | 01:44 am today | 24 hours ago | 24h change |
---|---|---|---|
0.5 SQ3 | د.م.0.02101 | د.م.0.02124 | -1.10% |
1 SQ3 | د.م.0.04201 | د.م.0.04248 | -1.10% |
5 SQ3 | د.م.0.2101 | د.م.0.2124 | -1.10% |
10 SQ3 | د.م.0.4201 | د.م.0.4248 | -1.10% |
50 SQ3 | د.م.2.1 | د.م.2.12 | -1.10% |
100 SQ3 | د.م.4.2 | د.م.4.25 | -1.10% |
500 SQ3 | د.م.21.01 | د.م.21.24 | -1.10% |
1000 SQ3 | د.م.42.01 | د.م.42.48 | -1.10% |
SQ3 to MAD FAQ
What factors influence the conversion rate of SQ3 to MAD?
Popular exchange rates — Crypto-to-Fiat converter
The price of Squad3 in the US is $0.004601 USD. Additionally, Squad3’s price is €0.003992 EUR in the eurozone, £0.003419 GBP in the UK, C$0.006317 CAD in Canada, ₹0.3984 INR in India, ₨1.31 PKR in Pakistan, R$0.02536 BRL in Brazil, and more.
The most popular Squad3 currency pair is the SQ3 to Moroccan Dirham(MAD). The price of 1 Squad3 (SQ3) in Moroccan Dirham (MAD) is د.م.0.04201.
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