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Shiba Inu to Moroccan Dirham Converter and calculator

Convert 1Shiba Inu (SHIB) to Moroccan Dirham (MAD) equals د.م. 0.0002130 | Bitget

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

SHIB to MAD conversion rate trend

1D7D1M3M1YAll
In the past 1D, Shiba Inu has changed -4.67% to MAD. Based on the trend and price charts, Shiba Inu(SHIB) has changed -4.67% to MAD while Moroccan Dirham(MAD) has changed % to SHIB in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
د.م.0.0002187
0.0001% / 0.0004%vip-iconVIP
Binance
د.م.0.0002185
0.1000% / 0.1000%
Yes
Coinbase Exchange
د.م.0.0002178
0.1000% / 0.1000%
Yes
Kraken
د.م.0.0002180
0.1000% / 0.1000%
Yes
OKX
د.م.0.0002186
0.080% / 0.100%
Yes
Huobi
د.م.0.0002187
0.1000% / 0.1000%
Yes
Gate.io
د.م.0.0002185
0.1000% / 0.1000%
Yes
Bybit
د.م.0.0002187
0.1000% / 0.1000%
Yes
KuCoin
د.م.0.0002187
0.1000% / 0.1000%
Yes
Bitfinex
د.م.0.0002192
0.1000% / 0.1000%
Yes
Last updated 2024/04/19 02:00:35(UTC+0)

What factors influence the conversion rate of Shiba Inu to Moroccan Dirham?

Shiba Inu to Moroccan Dirham is falling this week.
Shiba Inu's current market price is د.م. 0.0002130 per SHIB, with a total market cap of د.م. 125,492,032,376.87 MAD based on a circulating supply of 589,289,440,000,000 SHIB. The trading volume of Shiba Inu has changed by -11.40% (د.م. -665,858,629.56 MAD) in the last 24 hours. Last trading day, SHIB's trading volume was د.م. 5,842,300,122.45.
Market cap
$12.39B
24h volume
$511.00M
Circulating supply
589.29T SHIB

Conversion tables

The exchange rate of Shiba Inu is decreasing.
1 SHIB is currently valued at د.م. 0.0002130 MAD , which means buying 5 SHIB will cost د.م. 0.001065 MAD . Similarly, د.م.1 MAD can be traded for 4,695.83 SHIB, and د.م.50 MAD can be converted to 234,791.56 SHIB, excluding any platform or gas fees.
The exchange rate of 1 SHIB to Moroccan Dirham has changed by -23.68% in the last 7 days. In the last 24 hours, the rate has fluctuated by -4.67%, reaching a high of 0.0002325 MAD and a low of 0.0002123 MAD . One month ago, the value of 1 SHIB was د.م. 0.0002523 MAD , which represents a -15.53% change from its current value. Over the last year, Shiba Inu has changed by
+د.م.
0.0001035MAD
, resulting in a change of +93.71% in its value.

SHIB to MAD

Amount
02:36 am today
0.5 SHIB
د.م.0.0001065
1 SHIB
د.م.0.0002130
5 SHIB
د.م.0.001065
10 SHIB
د.م.0.002130
50 SHIB
د.م.0.01065
100 SHIB
د.م.0.02130
500 SHIB
د.م.0.1065
1000 SHIB
د.م.0.2130

MAD to SHIB

Amount02:36 am today
0.5MAD2,347.92  SHIB
1MAD4,695.83  SHIB
5MAD23,479.16  SHIB
10MAD46,958.31  SHIB
50MAD234,791.56  SHIB
100MAD469,583.13  SHIB
500MAD2,347,915.64  SHIB
1000MAD4,695,831.27  SHIB
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Today vs. 24 hours ago

Amount02:36 am today24 hours ago24h change
0.5 SHIB$0.{4}1051$0.{4}1103
-4.67%
1 SHIB$0.{4}2102$0.{4}2206
-4.67%
5 SHIB$0.0001051$0.0001103
-4.67%
10 SHIB$0.0002102$0.0002206
-4.67%
50 SHIB$0.001051$0.001103
-4.67%
100 SHIB$0.002102$0.002206
-4.67%
500 SHIB$0.01051$0.01103
-4.67%
1000 SHIB$0.02102$0.02206
-4.67%

Today vs. 1 month ago

Amount02:36 am today1 month ago1M change
0.5 SHIB$0.{4}1051$0.{4}1245
-15.53%
1 SHIB$0.{4}2102$0.{4}2490
-15.53%
5 SHIB$0.0001051$0.0001245
-15.53%
10 SHIB$0.0002102$0.0002490
-15.53%
50 SHIB$0.001051$0.001245
-15.53%
100 SHIB$0.002102$0.002490
-15.53%
500 SHIB$0.01051$0.01245
-15.53%
1000 SHIB$0.02102$0.02490
-15.53%

Today vs. 1 year ago

Amount02:36 am today1 year ago1Y change
0.5 SHIB$0.{4}1051$0.{5}5403
+93.71%
1 SHIB$0.{4}2102$0.{4}1081
+93.71%
5 SHIB$0.0001051$0.{4}5403
+93.71%
10 SHIB$0.0002102$0.0001081
+93.71%
50 SHIB$0.001051$0.0005403
+93.71%
100 SHIB$0.002102$0.001081
+93.71%
500 SHIB$0.01051$0.005403
+93.71%
1000 SHIB$0.02102$0.01081
+93.71%

FAQ

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.