$SPONGE
MAD
Last updated 2023/09/01 02:23:05 (UTC+0)Refresh
Want to display this on your website?Bitget converter offers real-time exchange rates, allowing for easy conversion of Sponge($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.
$SPONGE to MAD conversion rate trend
1D7D1M3M1YAll
In the past 1D, Sponge has changed +260.74% to MAD. Based on the trend and price charts, Sponge($SPONGE) has changed +260.74% to MAD while Moroccan Dirham(MAD) has changed % to $SPONGE in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | د.م.0.007437 | 0.0200% / 0.0320%  VIP 7 | |
Gate.io | د.م.0.007593 | 0.1000% / 0.1000% | Yes |
Last updated 2024/02/09 08:00:22(UTC+0)
How to buy Sponge
Create Your Free Bitget Account
Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
Verify Your Account
Verify your identity by entering your personal information and uploading a valid photo ID.
Buy Sponge ($SPONGE)
Use a variety of payment options to buy Sponge on Bitget. We'll show you how.
Learn MoreBuy $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 |
|---|
No matching ads found.
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 USD in Bitget P2P trading.
| Merchants (trades/completion rate) | Price | Amount/limit High to low | Payment methods | Zero fees Action |
|---|
No matching ads found.
What factors influence the conversion rate of Sponge to Moroccan Dirham?
Sponge to Moroccan Dirham is rising this week.Sponge's current market price is د.م. 0.003643 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 -21.98% (د.م. -67,451.64 MAD) in the last 24 hours. Last trading day, $SPONGE's trading volume was د.م. 306,924.83.
Market cap
$0
24h volume
$23.80K
Circulating supply
0 $SPONGE
Conversion tables
The exchange rate of Sponge is increasing.1 $SPONGE is currently valued at د.م. 0.003643 MAD , which means buying 5 $SPONGE will cost د.م. 0.01822 MAD . Similarly, د.م.1 MAD can be traded for 274.49 $SPONGE, and د.م.50 MAD can be converted to 13,724.36 $SPONGE, excluding any platform or gas fees.
The exchange rate of 1 $SPONGE to Moroccan Dirham has changed by +252.90% in the last 7 days. In the last 24 hours, the rate has fluctuated by +260.74%, reaching a high of 0.003971 MAD and a low of 0.001007 MAD . One month ago, the value of 1 $SPONGE was د.م. 0.0007351 MAD , which represents a +387.30% change from its current value. Over the last year, Sponge has changed by , resulting in a change of +29.95% in its value.
+د.م.
0.0008433MAD$SPONGE to MAD
Amount
03:07 am today
0.5 $SPONGE
د.م.0.001822
1 $SPONGE
د.م.0.003643
5 $SPONGE
د.م.0.01822
10 $SPONGE
د.م.0.03643
50 $SPONGE
د.م.0.1822
100 $SPONGE
د.م.0.3643
500 $SPONGE
د.م.1.82
1000 $SPONGE
د.م.3.64
MAD to $SPONGE
Amount03:07 am today
0.5MAD137.24 $SPONGE
1MAD274.49 $SPONGE
5MAD1,372.44 $SPONGE
10MAD2,744.87 $SPONGE
50MAD13,724.36 $SPONGE
100MAD27,448.71 $SPONGE
500MAD137,243.56 $SPONGE
1000MAD274,487.12 $SPONGE
Today vs. 24 hours ago
| Amount | 03:07 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 $SPONGE | $0.0001811 | $0.{4}4963 | +260.74% |
| 1 $SPONGE | $0.0003621 | $0.{4}9925 | +260.74% |
| 5 $SPONGE | $0.001811 | $0.0004963 | +260.74% |
| 10 $SPONGE | $0.003621 | $0.0009925 | +260.74% |
| 50 $SPONGE | $0.01811 | $0.004963 | +260.74% |
| 100 $SPONGE | $0.03621 | $0.009925 | +260.74% |
| 500 $SPONGE | $0.1811 | $0.04963 | +260.74% |
| 1000 $SPONGE | $0.3621 | $0.09925 | +260.74% |
Today vs. 1 month ago
| Amount | 03:07 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 $SPONGE | $0.0001811 | $0.{4}3653 | +387.30% |
| 1 $SPONGE | $0.0003621 | $0.{4}7307 | +387.30% |
| 5 $SPONGE | $0.001811 | $0.0003653 | +387.30% |
| 10 $SPONGE | $0.003621 | $0.0007307 | +387.30% |
| 50 $SPONGE | $0.01811 | $0.003653 | +387.30% |
| 100 $SPONGE | $0.03621 | $0.007307 | +387.30% |
| 500 $SPONGE | $0.1811 | $0.03653 | +387.30% |
| 1000 $SPONGE | $0.3621 | $0.07307 | +387.30% |
Today vs. 1 year ago
| Amount | 03:07 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 $SPONGE | $0.0001811 | $0.0001391 | +29.95% |
| 1 $SPONGE | $0.0003621 | $0.0002783 | +29.95% |
| 5 $SPONGE | $0.001811 | $0.001391 | +29.95% |
| 10 $SPONGE | $0.003621 | $0.002783 | +29.95% |
| 50 $SPONGE | $0.01811 | $0.01391 | +29.95% |
| 100 $SPONGE | $0.03621 | $0.02783 | +29.95% |
| 500 $SPONGE | $0.1811 | $0.1391 | +29.95% |
| 1000 $SPONGE | $0.3621 | $0.2783 | +29.95% |
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 $0.0001536 in 2025.
What will the price of $SPONGE be in 2030?
In 2030, the $SPONGE price is expected to change by +2.00%. By the end of 2030, the $SPONGE price is projected to reach $0.0002529, with a cumulative ROI of +176.74%.
Other crypto price predictions
Bitcoin(BTC)Price predictions
Ethereum(ETH)Price predictions
Celestia(TIA)Price predictions
Solana(SOL)Price predictions
Worldcoin(WLD)Price predictions
Bittensor(TAO)Price predictions
Dogecoin(DOGE)Price predictions
PepeCoin(PEPECOIN)Price predictions
Pandora(PANDORA)Price predictions
ORDI(ORDI)Price predictions
Bitget Earn
A safe, convenient, and professional platform to maximize your crypto asset profits.
Coin
APR
Action
Purchase other cryptocurrencies with similar market cap
Popular Sponge conversions
Check out these popular currency conversions of Sponge to several fiat currencies.
Sponge to USD
1 $SPONGE to $ 0.0003621 USD
Sponge to GBP
1 $SPONGE to £ 0.0002875 GBP
Sponge to EUR
1 $SPONGE to € 0.0003455 EUR
Sponge to KRW
1 $SPONGE to ₩ 0.5086 KRW
Sponge to CAD
1 $SPONGE to $ 0.0005046 CAD
Sponge to AUD
1 $SPONGE to $ 0.0005533 AUD
Sponge to JPY
1 $SPONGE to ¥ 0.05585 JPY
Sponge to BRL
1 $SPONGE to R$ 0.002102 BRL
Sponge to CNY
1 $SPONGE to ¥ 0.002625 CNY
Sponge to TWD
1 $SPONGE to NT$ 0.01180 TWD
Popular cryptocurrencies to MAD
Explore other cryptocurrencies based on your interest in Sponge.
Bitcoin to MAD
1 BTC to د.م. 981,291.6 MAD
XRP to MAD
1 XRP to د.م. 13.96 MAD
Stellar to MAD
1 XLM to د.م. 5.14 MAD
Kusama to MAD
1 KSM to د.م. 385.14 MAD
Dogecoin to MAD
1 DOGE to د.م. 4.22 MAD
Hedera to MAD
1 HBAR to د.م. 1.41 MAD
Cardano to MAD
1 ADA to د.م. 9.96 MAD
Polkadot to MAD
1 DOT to د.م. 86.54 MAD
Solana to MAD
1 SOL to د.م. 2,518.12 MAD
Ethereum to MAD
1 ETH to د.م. 33,651.15 MAD
Discover more cryptocurrencies
Here are the top 20 cryptocurrencies by market cap.
Latest coin listings on Bitget
New listings
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.
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.
