FXS
MAD
Last updated 2023/09/01 02:23:05 (UTC+0)Refresh
Want to display this on your website?Bitget converter offers real-time exchange rates, allowing for easy conversion of Frax Share(FXS) to Moroccan Dirham(MAD). This is the real-time data. The current conversion shows 1 FXS at a value of 1 FXS for 46.96 MAD . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.
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.
Bitget crypto-to-fiat exchange data shows that the most popular Frax Share currency pair is the FXS to MAD, with for Frax Share's currency code being FXS. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for MAD.
FXS to MAD conversion rate trend
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In the past 1D, Frax Share has changed +2.69% to MAD. Based on the trend and price charts, Frax Share(FXS) has changed +2.69% to MAD while Moroccan Dirham(MAD) has changed % to FXS in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | د.م.47.11 | 0.0001% / 0.0004%  VIP | |
Binance | د.م.47.18 | 0.1000% / 0.1000% | Yes |
OKX | د.م.47.14 | 0.080% / 0.100% | Yes |
Huobi | د.م.47.15 | 0.1000% / 0.1000% | Yes |
Gate.io | د.م.47.13 | 0.1000% / 0.1000% | Yes |
Bybit | د.م.47.15 | 0.1000% / 0.1000% | Yes |
KuCoin | د.م.47.08 | 0.1000% / 0.1000% | Yes |
Last updated 2024/06/02 15:00:26(UTC+0)
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Learn MoreWhat factors influence the conversion rate of Frax Share to Moroccan Dirham?
Frax Share to Moroccan Dirham is falling this week.Frax Share's current market price is د.م. 46.96 per FXS, with a total market cap of د.م. 3,749,563,444.15 MAD based on a circulating supply of 79,842,600 FXS. The trading volume of Frax Share has changed by -22.78% (د.م. -73,262,756.49 MAD) in the last 24 hours. Last trading day, FXS's trading volume was د.م. 321,574,702.04.
Market cap
$377.65M
24h volume
$25.01M
Circulating supply
79.84M FXS
Conversion tables
The exchange rate of Frax Share is increasing.1 FXS is currently valued at د.م. 46.96 MAD , which means buying 5 FXS will cost د.م. 234.81 MAD . Similarly, د.م.1 MAD can be traded for 0.02129 FXS, and د.م.50 MAD can be converted to 1.06 FXS, excluding any platform or gas fees.
The exchange rate of 1 FXS to Moroccan Dirham has changed by -0.67% in the last 7 days. In the last 24 hours, the rate has fluctuated by +2.69%, reaching a high of 48.99 MAD and a low of 45.6 MAD . One month ago, the value of 1 FXS was د.م. 42.45 MAD , which represents a +10.63% change from its current value. Over the last year, Frax Share has changed by , resulting in a change of -28.21% in its value.
-د.م.
18.45MADFXS to MAD
Amount
15:41 today
0.5 FXS
د.م.23.48
1 FXS
د.م.46.96
5 FXS
د.م.234.81
10 FXS
د.م.469.62
50 FXS
د.م.2,348.1
100 FXS
د.م.4,696.19
500 FXS
د.م.23,480.97
1000 FXS
د.م.46,961.94
MAD to FXS
Amount15:41 today
0.5MAD0.01065 FXS
1MAD0.02129 FXS
5MAD0.1065 FXS
10MAD0.2129 FXS
50MAD1.06 FXS
100MAD2.13 FXS
500MAD10.65 FXS
1000MAD21.29 FXS
Today vs. 24 hours ago
| Amount | 15:41 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 FXS | $2.36 | $2.3 | +2.69% |
| 1 FXS | $4.73 | $4.61 | +2.69% |
| 5 FXS | $23.65 | $23.03 | +2.69% |
| 10 FXS | $47.3 | $46.06 | +2.69% |
| 50 FXS | $236.49 | $230.3 | +2.69% |
| 100 FXS | $472.99 | $460.6 | +2.69% |
| 500 FXS | $2,364.94 | $2,302.99 | +2.69% |
| 1000 FXS | $4,729.87 | $4,605.99 | +2.69% |
Today vs. 1 month ago
| Amount | 15:41 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 FXS | $2.36 | $2.14 | +10.63% |
| 1 FXS | $4.73 | $4.28 | +10.63% |
| 5 FXS | $23.65 | $21.38 | +10.63% |
| 10 FXS | $47.3 | $42.75 | +10.63% |
| 50 FXS | $236.49 | $213.77 | +10.63% |
| 100 FXS | $472.99 | $427.54 | +10.63% |
| 500 FXS | $2,364.94 | $2,137.7 | +10.63% |
| 1000 FXS | $4,729.87 | $4,275.4 | +10.63% |
Today vs. 1 year ago
| Amount | 15:41 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 FXS | $2.36 | $3.29 | -28.21% |
| 1 FXS | $4.73 | $6.59 | -28.21% |
| 5 FXS | $23.65 | $32.94 | -28.21% |
| 10 FXS | $47.3 | $65.88 | -28.21% |
| 50 FXS | $236.49 | $329.41 | -28.21% |
| 100 FXS | $472.99 | $658.81 | -28.21% |
| 500 FXS | $2,364.94 | $3,294.07 | -28.21% |
| 1000 FXS | $4,729.87 | $6,588.14 | -28.21% |
Frax Share price prediction
What will the price of FXS be in 2025?
Based on FXS's historical price performance prediction model, the price of FXS is projected to reach $6.72 in 2025.
What will the price of FXS be in 2030?
In 2030, the FXS price is expected to rise by +9.00%. By the end of 2030, the FXS price is projected to reach $16.19, with a cumulative ROI of +242.27%.
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Popular Frax Share conversions
Check out these popular currency conversions of Frax Share to several fiat currencies.
Frax Share to USD
1 FXS to $ 4.73 USD
Frax Share to GBP
1 FXS to £ 3.71 GBP
Frax Share to EUR
1 FXS to € 4.36 EUR
Frax Share to KRW
1 FXS to ₩ 6,541.84 KRW
Frax Share to CAD
1 FXS to $ 6.46 CAD
Frax Share to AUD
1 FXS to $ 7.1 AUD
Frax Share to JPY
1 FXS to ¥ 743.77 JPY
Frax Share to BRL
1 FXS to R$ 24.81 BRL
Frax Share to CNY
1 FXS to ¥ 34.31 CNY
Frax Share to TWD
1 FXS to NT$ 153.62 TWD
Popular cryptocurrencies to MAD
Explore other cryptocurrencies based on your interest in Frax Share.
Notcoin to MAD
1 NOT to د.م. 0.2077 MAD
DOG•GO•TO•THE•MOON to MAD
1 DOG to د.م. 0.07671 MAD
GameStop to MAD
1 GSTOP to د.م. -- MAD
cat in a dogs world to MAD
1 MEW to د.م. 0.04607 MAD
Brett to MAD
1 BRETT to د.م. -- MAD
Pepe to MAD
1 PEPE to د.م. 0.0001470 MAD
Ondo to MAD
1 ONDO to د.م. 13.45 MAD
JasmyCoin to MAD
1 JASMY to د.م. 0.3484 MAD
Bitcoin to MAD
1 BTC to د.م. 675,838.72 MAD
Toncoin to MAD
1 TON to د.م. 64.32 MAD
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FAQ
What is a cryptocurrency calculator?
A cryptocurrency calculator enables users to convert various digital currencies into different world currencies according to the current exchange rate.
How does a cryptocurrency calculator work?
A cryptocurrency calculator fetches real-time values from digital currency exchange markets to convert between Frax Share and MAD.
How accurate is a cryptocurrency calculator?
Cryptocurrency calculators are generally highly accurate as they track real-time data from cryptocurrency markets, such as Frax Share and MAD. However, due to the high volatility of the cryptocurrency market, rates can fluctuate rapidly.
Can I trust the results of a cryptocurrency calculator?
While cryptocurrency calculators can provide a good starting point, remember that there might be slight differences in real-time trading due to factors such as time delay and trading platform discrepancies.
Can I use a cryptocurrency calculator for tax purposes?
Cryptocurrency calculators are useful for tax information, like coin values at given times. However, it's better to use tax-specific software or a professional for accurate reporting. Bitget Academy is a useful guide for cryptocurrency taxes, covering tax procedures, crypto transactions, effective planning, and different tax tools. Bitget prioritizes user experience, especially in optimizing tax management. With Advanced API and collaborations like Koinly, Bitget provides a smart, accessible platform for cryptocurrency trade and tax responsibilities.
Can a cryptocurrency calculator be used to convert one type of cryptocurrency to another?
If you want to know the value of Frax Share in MAD, cryptocurrency calculators can help you. But if you want to compare the worth of two different cryptocurrencies, you can use Bitget Convert. This tool simplifies the process of cryptocurrency conversion by allowing you to avoid multiple transactions or frequent transfers between wallets and exchanges. With Bitget Convert, you can seamlessly convert your cryptocurrencies in a user-friendly way.
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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.
