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XRP to Moroccan Dirham Converter and calculator

Convert 1XRP (XRP) to Moroccan Dirham (MAD) equals د.م. 5.42 | 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 XRP currency pair is the XRP to MAD, with for XRP's currency code being XRP. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for MAD.

XRP to MAD conversion rate trend

1D7D1M3M1YAll
In the past 1D, XRP has changed -11.38% to MAD. Based on the trend and price charts, XRP(XRP) has changed -11.38% to MAD while Moroccan Dirham(MAD) has changed % to XRP in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
د.م.5.4
0.0001% / 0.0004%vip-iconVIP
Binance
د.م.5.4
0.1000% / 0.1000%
Yes
Coinbase Exchange
د.م.5.4
0.1000% / 0.1000%
Yes
Kraken
د.م.5.41
0.1000% / 0.1000%
Yes
OKX
د.م.5.4
0.080% / 0.100%
Yes
Huobi
د.م.5.4
0.1000% / 0.1000%
Yes
Gate.io
د.م.5.4
0.1000% / 0.1000%
Yes
Bybit
د.م.5.4
0.1000% / 0.1000%
Yes
KuCoin
د.م.5.4
0.1000% / 0.1000%
Yes
Bitfinex
د.م.5.4
0.1000% / 0.1000%
Yes
Last updated 2024/04/13 03:00:33(UTC+0)

What factors influence the conversion rate of XRP to Moroccan Dirham?

XRP to Moroccan Dirham is falling this week.
XRP's current market price is د.م. 5.42 per XRP, with a total market cap of د.م. 298,530,446,582.62 MAD based on a circulating supply of 55,119,897,000 XRP. The trading volume of XRP has changed by +158.18% (د.م. 18,916,777,389.75 MAD) in the last 24 hours. Last trading day, XRP's trading volume was د.م. 11,959,057,519.94.
Market cap
$29.79B
24h volume
$3.08B
Circulating supply
55.12B XRP

Conversion tables

The exchange rate of XRP is decreasing.
1 XRP is currently valued at د.م. 5.42 MAD , which means buying 5 XRP will cost د.م. 27.08 MAD . Similarly, د.م.1 MAD can be traded for 0.1846 XRP, and د.م.50 MAD can be converted to 9.23 XRP, excluding any platform or gas fees.
The exchange rate of 1 XRP to Moroccan Dirham has changed by -8.43% in the last 7 days. In the last 24 hours, the rate has fluctuated by -11.38%, reaching a high of 6.17 MAD and a low of 5.19 MAD . One month ago, the value of 1 XRP was د.م. 6.88 MAD , which represents a -21.27% change from its current value. Over the last year, XRP has changed by
+د.م.
0.2103MAD
, resulting in a change of +4.04% in its value.

XRP to MAD

Amount
03:09 am today
0.5 XRP
د.م.2.71
1 XRP
د.م.5.42
5 XRP
د.م.27.08
10 XRP
د.م.54.16
50 XRP
د.م.270.8
100 XRP
د.م.541.6
500 XRP
د.م.2,708.01
1000 XRP
د.م.5,416.02

MAD to XRP

Amount03:09 am today
0.5MAD0.09232  XRP
1MAD0.1846  XRP
5MAD0.9232  XRP
10MAD1.85  XRP
50MAD9.23  XRP
100MAD18.46  XRP
500MAD92.32  XRP
1000MAD184.64  XRP
share

Today vs. 24 hours ago

Amount03:09 am today24 hours ago24h change
0.5 XRP$0.2702$0.3049
-11.38%
1 XRP$0.5404$0.6098
-11.38%
5 XRP$2.7$3.05
-11.38%
10 XRP$5.4$6.1
-11.38%
50 XRP$27.02$30.49
-11.38%
100 XRP$54.04$60.98
-11.38%
500 XRP$270.19$304.88
-11.38%
1000 XRP$540.39$609.77
-11.38%

Today vs. 1 month ago

Amount03:09 am today1 month ago1M change
0.5 XRP$0.2702$0.3432
-21.27%
1 XRP$0.5404$0.6863
-21.27%
5 XRP$2.7$3.43
-21.27%
10 XRP$5.4$6.86
-21.27%
50 XRP$27.02$34.32
-21.27%
100 XRP$54.04$68.63
-21.27%
500 XRP$270.19$343.16
-21.27%
1000 XRP$540.39$686.33
-21.27%

Today vs. 1 year ago

Amount03:09 am today1 year ago1Y change
0.5 XRP$0.2702$0.2597
+4.04%
1 XRP$0.5404$0.5194
+4.04%
5 XRP$2.7$2.6
+4.04%
10 XRP$5.4$5.19
+4.04%
50 XRP$27.02$25.97
+4.04%
100 XRP$54.04$51.94
+4.04%
500 XRP$270.19$259.7
+4.04%
1000 XRP$540.39$519.4
+4.04%

FAQ

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