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Paras to Moroccan Dirham Converter and calculator

Convert 1Paras (PARAS) to Moroccan Dirham (MAD) equals د.م. 0.06504 | Bitget
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Last updated 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of Paras(PARAS) to Moroccan Dirham(MAD). This is the real-time data. The current conversion shows 1 PARAS at a value of 1 PARAS for 0.07 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.

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

PARAS to MAD conversion rate trend

1D7D1M3M1YAll
In the past 1D, Paras has changed -4.74% to MAD. Based on the trend and price charts, Paras(PARAS) has changed -4.74% to MAD while Moroccan Dirham(MAD) has changed % to PARAS in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
د.م.0.06504
0.0200% / 0.0320%vip-iconVIP 7
Last updated 2024/07/10 07:47:45(UTC+0)

How to buy Paras

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Buy Paras (PARAS)
Use a variety of payment options to buy Paras on Bitget. We'll show you how.

Buy PARAS (or USDT) for MAD (Moroccan Dirham) offers

Bitget P2P trading does not currently support direct buying of PARAS with MAD. However, you can buy USDT in Bitget P2P trading first, and then buy PARAS with USDT via Bitget spot market.
Merchants (trades/completion rate)PriceAmount/limit
Low to high
Payment methods
Zero fees
Action
N
Ni_MaVerified Merchant
40 tradesCompletion rate 100.00%
9.26 MAD
Amount52.48 USDT
Limit150 - 300 MAD
CIH Bank
Buy
s
sara_p2p Verified Merchant
42 tradesCompletion rate 100.00%
9.26 MAD
Amount394.55 USDT
Limit150 - 300 MAD
CIH BankAttijariwafa National Bank
Buy
b
bchmergaVerified Merchant
5 tradesCompletion rate 83.00%
10.84 MAD
Amount47.24 USDT
Limit150 - 512 MAD
CIH BankAttijariwafa National Bank
Buy
M
MOUHSINEPRO Verified Merchant
13 tradesCompletion rate 81.00%
10.86 MAD
Amount204 USDT
Limit150 - 2500 MAD
CIH BankAttijariwafa National BankBMCE BankBRD Bank
Buy
k
kings_usdtVerified Merchant
41 tradesCompletion rate 95.00%
10.9 MAD
Amount320.57 USDT
Limit150 - 2900 MAD
CIH BankAttijariwafa National BankBRD Bank
Buy

Sell PARAS (or USDT) for MAD (Moroccan Dirham) offers

Bitget P2P trading currently does not support direct selling of PARAS to MAD. However, you can first exchange PARAS for USDT in the Bitget spot market, and then sell USDT to MAD in Bitget P2P trading.
Merchants (trades/completion rate)PriceAmount/limit
High to low
Payment methods
Zero fees
Action
B
BGUSER-4EWHK86FVerified Merchant
10 tradesCompletion rate 100.00%
10.41 MAD
Amount2302.01 USDT
Limit150 - 23963 MAD
Attijariwafa National BankSociete Generale
Sell
b
badr p2p proVerified Merchant
4 tradesCompletion rate 100.00%
10.4 MAD
Amount96 USDT
Limit250 - 998.4 MAD
BRD Bank
Sell
B
BGUSER-H1DBDQ4YVerified Merchant
30 tradesCompletion rate 91.00%
10.39 MAD
Amount523.44 USDT
Limit150 - 8900 MAD
CIH BankAttijariwafa National Bank
Sell
B
BGUSER-CRZVAQ2QVerified Merchant
1 tradesCompletion rate 50.00%
10.37 MAD
Amount1000 USDT
Limit1000 - 10370 MAD
Attijariwafa National Bank
Sell
a
abderrahmanVerified Merchant
1 tradesCompletion rate 100.00%
10.36 MAD
Amount5000 USDT
Limit1000 - 50000 MAD
CIH Bank
Sell

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

Paras to Moroccan Dirham is falling this week.
Paras's current market price is د.م. 0.06504 per PARAS, with a total market cap of د.م. 0 MAD based on a circulating supply of -- PARAS. The trading volume of Paras has changed by -39.78% (د.م. -150,975.56 MAD) in the last 24 hours. Last trading day, PARAS's trading volume was د.م. 379,556.83.
Market cap
$0
24h volume
$23.18K
Circulating supply
0 PARAS

Conversion tables

The exchange rate of Paras is decreasing.
1 PARAS is currently valued at د.م. 0.06504 MAD , which means buying 5 PARAS will cost د.م. 0.3252 MAD . Similarly, د.م.1 MAD can be traded for 15.37 PARAS, and د.م.50 MAD can be converted to 768.7 PARAS, excluding any platform or gas fees.
The exchange rate of 1 PARAS to Moroccan Dirham has changed by -19.81% in the last 7 days. In the last 24 hours, the rate has fluctuated by -4.74%, reaching a high of 0.06869 MAD and a low of 0.06336 MAD . One month ago, the value of 1 PARAS was د.م. 0.1090 MAD , which represents a -40.34% change from its current value. Over the last year, Paras has changed by
-د.م.
0.06068MAD
, resulting in a change of -48.27% in its value.

PARAS to MAD

Amount
07:47 am today
0.5 PARAS
د.م.0.03252
1 PARAS
د.م.0.06504
5 PARAS
د.م.0.3252
10 PARAS
د.م.0.6504
50 PARAS
د.م.3.25
100 PARAS
د.م.6.5
500 PARAS
د.م.32.52
1000 PARAS
د.م.65.04

MAD to PARAS

Amount07:47 am today
0.5MAD7.69  PARAS
1MAD15.37  PARAS
5MAD76.87  PARAS
10MAD153.74  PARAS
50MAD768.7  PARAS
100MAD1,537.4  PARAS
500MAD7,687  PARAS
1000MAD15,374  PARAS
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Today vs. 24 hours ago

Amount07:47 am today24 hours ago24h change
0.5 PARAS$0.003298$0.003462
-4.74%
1 PARAS$0.006597$0.006925
-4.74%
5 PARAS$0.03298$0.03462
-4.74%
10 PARAS$0.06597$0.06925
-4.74%
50 PARAS$0.3298$0.3462
-4.74%
100 PARAS$0.6597$0.6925
-4.74%
500 PARAS$3.3$3.46
-4.74%
1000 PARAS$6.6$6.92
-4.74%

Today vs. 1 month ago

Amount07:47 am today1 month ago1M change
0.5 PARAS$0.003298$0.005529
-40.34%
1 PARAS$0.006597$0.01106
-40.34%
5 PARAS$0.03298$0.05529
-40.34%
10 PARAS$0.06597$0.1106
-40.34%
50 PARAS$0.3298$0.5529
-40.34%
100 PARAS$0.6597$1.11
-40.34%
500 PARAS$3.3$5.53
-40.34%
1000 PARAS$6.6$11.06
-40.34%
Buy Paras for 1 MAD
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Today vs. 1 year ago

Amount07:47 am today1 year ago1Y change
0.5 PARAS$0.003298$0.006376
-48.27%
1 PARAS$0.006597$0.01275
-48.27%
5 PARAS$0.03298$0.06376
-48.27%
10 PARAS$0.06597$0.1275
-48.27%
50 PARAS$0.3298$0.6376
-48.27%
100 PARAS$0.6597$1.28
-48.27%
500 PARAS$3.3$6.38
-48.27%
1000 PARAS$6.6$12.75
-48.27%

Paras price prediction

What will the price of PARAS be in 2025?

Based on PARAS's historical price performance prediction model, the price of PARAS is projected to reach $0.008469 in 2025.

What will the price of PARAS be in 2030?

In 2030, the PARAS price is expected to change by +7.00%. By the end of 2030, the PARAS price is projected to reach $0.01713, with a cumulative ROI of +159.66%.
Buy Paras for 1 MAD
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Buy Paras for 1 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 Paras 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 Paras 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 Paras 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.