$SPONGE
MAD
Last updated 2023/09/01 02:23:05 (UTC+0)Refresh
Want to display this on your website?Bitget converter offers real-time exchange rates, allowing for easy conversion of Sponge($SPONGE) to Moroccan Dirham(MAD). This is the real-time data. The current conversion shows 1 $SPONGE at a value of 1 $SPONGE for 0.00 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 Sponge currency pair is the $SPONGE to MAD, with for Sponge's currency code being $SPONGE. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for MAD.
$SPONGE to MAD conversion rate trend
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In the past 1D, Sponge has changed -58.47% to MAD. Based on the trend and price charts, Sponge($SPONGE) has changed -58.47% to MAD while Moroccan Dirham(MAD) has changed % to $SPONGE in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | د.م.0.007275 | 0.0200% / 0.0320%  VIP 7 | |
Gate.io | د.م.0.007428 | 0.1000% / 0.1000% | Yes |
Last updated 2024/02/09 08:00:22(UTC+0)
How to buy Sponge
Create Your Free Bitget Account
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Verify your identity by entering your personal information and uploading a valid photo ID.
Buy Sponge ($SPONGE)
Use a variety of payment options to buy Sponge on Bitget. We'll show you how.
Buy $SPONGE (or USDT) for MAD (Moroccan Dirham) offers
Bitget P2P trading does not currently support direct buying of $SPONGE with MAD. However, you can buy USDT in Bitget P2P trading first, and then buy $SPONGE with USDT via Bitget spot market.
| Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
|---|---|---|---|---|
s sara_p2p  41 trades｜Completion rate 100.00% | 9.26 MAD | Amount394.55 USDT Limit150 - 300 MAD |   | |
N Ni_Ma 41 trades｜Completion rate 100.00% | 9.26 MAD | Amount121.68 USDT Limit150 - 300 MAD | | |
k kings_usdt 42 trades｜Completion rate 95.00% | 10.86 MAD | Amount302.22 USDT Limit150 - 2900 MAD |  | |
V VENOM_FAST_P2P 27 trades｜Completion rate 96.00% | 10.87 MAD | Amount426.51 USDT Limit150 - 4636 MAD |  | |
b bchmerga 6 trades｜Completion rate 86.00% | 10.92 MAD | Amount19.79 USDT Limit216 - 216 MAD | |
Sell $SPONGE (or USDT) for MAD (Moroccan Dirham) offers
Bitget P2P trading currently does not support direct selling of $SPONGE to MAD. However, you can first exchange $SPONGE for USDT in the Bitget spot market, and then sell USDT to MAD in Bitget P2P trading.
| Merchants (trades/completion rate) | Price | Amount/limit High to low | Payment methods | Zero fees Action |
|---|---|---|---|---|
b badr p2p pro 4 trades｜Completion rate 100.00% | 10.4 MAD | Amount100 USDT Limit280 - 1040 MAD | | |
b badr p2p pro 4 trades｜Completion rate 100.00% | 10.4 MAD | Amount96 USDT Limit250 - 998.4 MAD | | |
B BGUSER-H1DBDQ4Y 31 trades｜Completion rate 84.00% | 10.39 MAD | Amount523.44 USDT Limit150 - 8900 MAD | | |
B BGUSER-CRZVAQ2Q 1 trades｜Completion rate 50.00% | 10.37 MAD | Amount1000 USDT Limit1000 - 10370 MAD | | |
a abderrahman 1 trades｜Completion rate 100.00% | 10.36 MAD | Amount5000 USDT Limit1000 - 50000 MAD | |
What factors influence the conversion rate of Sponge to Moroccan Dirham?
Sponge to Moroccan Dirham is falling this week.Sponge's current market price is د.م. 0.002578 per $SPONGE, with a total market cap of د.م. 0 MAD based on a circulating supply of -- $SPONGE. The trading volume of Sponge has changed by -0.10% (د.م. -764.68 MAD) in the last 24 hours. Last trading day, $SPONGE's trading volume was د.م. 763,156.83.
Market cap
$0
24h volume
$77.46K
Circulating supply
0 $SPONGE
Conversion tables
The exchange rate of Sponge is increasing.1 $SPONGE is currently valued at د.م. 0.002578 MAD , which means buying 5 $SPONGE will cost د.م. 0.01289 MAD . Similarly, د.م.1 MAD can be traded for 387.82 $SPONGE, and د.م.50 MAD can be converted to 19,391.15 $SPONGE, excluding any platform or gas fees.
The exchange rate of 1 $SPONGE to Moroccan Dirham has changed by -46.39% in the last 7 days. In the last 24 hours, the rate has fluctuated by -58.47%, reaching a high of 0.006373 MAD and a low of 0.002550 MAD . One month ago, the value of 1 $SPONGE was د.م. 0.001190 MAD , which represents a +116.14% change from its current value. Over the last year, Sponge has changed by , resulting in a change of +91.45% in its value.
+د.م.
0.001234MAD$SPONGE to MAD
Amount
00:20 am today
0.5 $SPONGE
د.م.0.001289
1 $SPONGE
د.م.0.002578
5 $SPONGE
د.م.0.01289
10 $SPONGE
د.م.0.02578
50 $SPONGE
د.م.0.1289
100 $SPONGE
د.م.0.2578
500 $SPONGE
د.م.1.29
1000 $SPONGE
د.م.2.58
MAD to $SPONGE
Amount00:20 am today
0.5MAD193.91 $SPONGE
1MAD387.82 $SPONGE
5MAD1,939.12 $SPONGE
10MAD3,878.23 $SPONGE
50MAD19,391.15 $SPONGE
100MAD38,782.31 $SPONGE
500MAD193,911.53 $SPONGE
1000MAD387,823.07 $SPONGE
Today vs. 24 hours ago
| Amount | 00:20 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 $SPONGE | $0.0001310 | $0.0003158 | -58.47% |
| 1 $SPONGE | $0.0002620 | $0.0006316 | -58.47% |
| 5 $SPONGE | $0.001310 | $0.003158 | -58.47% |
| 10 $SPONGE | $0.002620 | $0.006316 | -58.47% |
| 50 $SPONGE | $0.01310 | $0.03158 | -58.47% |
| 100 $SPONGE | $0.02620 | $0.06316 | -58.47% |
| 500 $SPONGE | $0.1310 | $0.3158 | -58.47% |
| 1000 $SPONGE | $0.2620 | $0.6316 | -58.47% |
Today vs. 1 month ago
| Amount | 00:20 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 $SPONGE | $0.0001310 | $0.{4}6046 | +116.14% |
| 1 $SPONGE | $0.0002620 | $0.0001209 | +116.14% |
| 5 $SPONGE | $0.001310 | $0.0006046 | +116.14% |
| 10 $SPONGE | $0.002620 | $0.001209 | +116.14% |
| 50 $SPONGE | $0.01310 | $0.006046 | +116.14% |
| 100 $SPONGE | $0.02620 | $0.01209 | +116.14% |
| 500 $SPONGE | $0.1310 | $0.06046 | +116.14% |
| 1000 $SPONGE | $0.2620 | $0.1209 | +116.14% |
Today vs. 1 year ago
| Amount | 00:20 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 $SPONGE | $0.0001310 | $0.{4}6829 | +91.45% |
| 1 $SPONGE | $0.0002620 | $0.0001366 | +91.45% |
| 5 $SPONGE | $0.001310 | $0.0006829 | +91.45% |
| 10 $SPONGE | $0.002620 | $0.001366 | +91.45% |
| 50 $SPONGE | $0.01310 | $0.006829 | +91.45% |
| 100 $SPONGE | $0.02620 | $0.01366 | +91.45% |
| 500 $SPONGE | $0.1310 | $0.06829 | +91.45% |
| 1000 $SPONGE | $0.2620 | $0.1366 | +91.45% |
Sponge price prediction
What will the price of $SPONGE be in 2025?
Based on $SPONGE's historical price performance prediction model, the price of $SPONGE is projected to reach $0.0006658 in 2025.
What will the price of $SPONGE be in 2030?
In 2030, the $SPONGE price is expected to change by -19.00%. By the end of 2030, the $SPONGE price is projected to reach $0.0007110, with a cumulative ROI of +171.38%.
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Popular Sponge conversions
Check out these popular currency conversions of Sponge to several fiat currencies.
Sponge to USD
1 $SPONGE to $ 0.0002620 USD
Sponge to GBP
1 $SPONGE to £ 0.0002039 GBP
Sponge to EUR
1 $SPONGE to € 0.0002418 EUR
Sponge to KRW
1 $SPONGE to ₩ 0.3626 KRW
Sponge to CAD
1 $SPONGE to $ 0.0003568 CAD
Sponge to AUD
1 $SPONGE to $ 0.0003881 AUD
Sponge to JPY
1 $SPONGE to ¥ 0.04234 JPY
Sponge to BRL
1 $SPONGE to R$ 0.001419 BRL
Sponge to CNY
1 $SPONGE to ¥ 0.001909 CNY
Sponge to TWD
1 $SPONGE to NT$ 0.008536 TWD
Popular cryptocurrencies to MAD
Explore other cryptocurrencies based on your interest in Sponge.
Bitcoin to MAD
1 BTC to د.م. 566,686.37 MAD
Biaoqing to MAD
1 BIAO to د.م. 0.1196 MAD
Notcoin to MAD
1 NOT to د.م. 0.1587 MAD
PeiPei (ETH) to MAD
1 PEIPEI to د.م. -- MAD
Pepe to MAD
1 PEPE to د.م. 0.{4}9034 MAD
Hooked Protocol to MAD
1 HOOK to د.م. 4.78 MAD
Solana to MAD
1 SOL to د.م. 1,391.78 MAD
XRP to MAD
1 XRP to د.م. 4.32 MAD
Celestia to MAD
1 TIA to د.م. 67.58 MAD
Toncoin to MAD
1 TON to د.م. 71.39 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 Sponge 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 Sponge 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 Sponge 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.
Buy Sponge for 1 MAD
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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.
