TOKO to MAD Converter and calculator


Conversion rates
Convert TOKO to MAD
Convert MAD to TOKO
TOKO to MAD chart
TOKO to MAD conversion data: Volatility and price changes of Tokoin in MAD
Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
---|---|---|---|---|
High | 0.002005 MAD | 0.002370 MAD | 0.003137 MAD | 0.003614 MAD |
Low | 0.001827 MAD | 0.001770 MAD | 0.001770 MAD | 0.001770 MAD |
Average | 0 MAD | 0 MAD | 0 MAD | 0 MAD |
Volatility | % | % | % | % |
Change | +5.58% | -17.56% | -36.28% | -37.64% |
Tokoin information
TOKO to MAD market statistics
Current TOKO to MAD exchange rate
Tokoin to Moroccan Dirham is falling this week.More info about Tokoin 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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TOKO to MAD Conversion tables
Amount | 17:13 today | 24 hours ago | 24h change |
---|---|---|---|
0.5 TOKO | د.م.0.0009649 | د.م.0.0009137 | +5.58% |
1 TOKO | د.م.0.001930 | د.م.0.001827 | +5.58% |
5 TOKO | د.م.0.009649 | د.م.0.009137 | +5.58% |
10 TOKO | د.م.0.01930 | د.م.0.01827 | +5.58% |
50 TOKO | د.م.0.09649 | د.م.0.09137 | +5.58% |
100 TOKO | د.م.0.1930 | د.م.0.1827 | +5.58% |
500 TOKO | د.م.0.9649 | د.م.0.9137 | +5.58% |
1000 TOKO | د.م.1.93 | د.م.1.83 | +5.58% |
TOKO to MAD FAQ
What factors influence the conversion rate of TOKO to MAD?
Popular exchange rates — Crypto-to-Fiat converter
The price of Tokoin in the US is $0.0002121 USD. Additionally, Tokoin’s price is €0.0001825 EUR in the eurozone, £0.0001557 GBP in the UK, C$0.0002906 CAD in Canada, ₹0.01823 INR in India, ₨0.06041 PKR in Pakistan, R$0.001164 BRL in Brazil, and more.
The most popular Tokoin currency pair is the TOKO to Moroccan Dirham(MAD). The price of 1 Tokoin (TOKO) in Moroccan Dirham (MAD) is د.م.0.001930.
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