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base info Wrapped Near

Wrapped Near to Moroccan Dirham Converter and calculator

Convert 1Wrapped Near (WNEAR) to Moroccan Dirham (MAD) equals د.م. 41.57 | 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 Wrapped Near(WNEAR) to Moroccan Dirham(MAD). This is the real-time data. The current conversion shows 1 WNEAR at a value of 1 WNEAR for 41.57 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 Wrapped Near currency pair is the WNEAR to MAD, with for Wrapped Near's currency code being WNEAR. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for MAD.

WNEAR to MAD conversion rate trend

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In the past 1D, Wrapped Near has changed +5.03% to MAD. Based on the trend and price charts, Wrapped Near(WNEAR) has changed +5.03% to MAD while Moroccan Dirham(MAD) has changed % to WNEAR in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
د.م.41.57
0.0200% / 0.0320%vip-iconVIP 7
Last updated 2024/11/05 16:35:46(UTC+0)

How to buy Wrapped Near

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

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

Bitget P2P trading does not currently support direct buying of WNEAR with MAD. However, you can buy USDT in Bitget P2P trading first, and then buy WNEAR with USDT via Bitget spot market.
Merchants (trades/completion rate)PriceAmount/limit
Low to high
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Sell WNEAR (or USDT) for MAD (Moroccan Dirham) offers

Bitget P2P trading currently does not support direct selling of WNEAR to MAD. However, you can first exchange WNEAR for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
Merchants (trades/completion rate)PriceAmount/limit
High to low
Payment methods
Zero fees
Action
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What factors influence the conversion rate of Wrapped Near to Moroccan Dirham?

Wrapped Near to Moroccan Dirham is falling this week.
Wrapped Near's current market price is د.م. 41.57 per WNEAR, with a total market cap of د.م. 48,101,526.14 MAD based on a circulating supply of 1,157,133.1 WNEAR. The trading volume of Wrapped Near has changed by -18.97% (د.م. -560,232.78 MAD) in the last 24 hours. Last trading day, WNEAR's trading volume was د.م. 2,952,774.09.
Market cap
$4.91M
24h volume
$244.39K
Circulating supply
1.16M WNEAR

Conversion tables

The exchange rate of Wrapped Near is decreasing.
1 WNEAR is currently valued at د.م. 41.57 MAD , which means buying 5 WNEAR will cost د.م. 207.85 MAD . Similarly, د.م.1 MAD can be traded for 0.02406 WNEAR, and د.م.50 MAD can be converted to 1.2 WNEAR, excluding any platform or gas fees.
The exchange rate of 1 WNEAR to Moroccan Dirham has changed by -14.89% in the last 7 days. In the last 24 hours, the rate has fluctuated by +5.03%, reaching a high of 53.57 MAD and a low of 48.13 MAD . One month ago, the value of 1 WNEAR was د.م. 68.54 MAD , which represents a -34.72% change from its current value. Over the last year, Wrapped Near has changed by
+د.م.
8.38MAD
, resulting in a change of +291.37% in its value.

WNEAR to MAD

Amount
23:28 today
0.5 WNEAR
د.م.20.78
1 WNEAR
د.م.41.57
5 WNEAR
د.م.207.85
10 WNEAR
د.م.415.7
50 WNEAR
د.م.2,078.48
100 WNEAR
د.م.4,156.96
500 WNEAR
د.م.20,784.79
1000 WNEAR
د.م.41,569.57

MAD to WNEAR

Amount23:28 today
0.5MAD0.01203  WNEAR
1MAD0.02406  WNEAR
5MAD0.1203  WNEAR
10MAD0.2406  WNEAR
50MAD1.2  WNEAR
100MAD2.41  WNEAR
500MAD12.03  WNEAR
1000MAD24.06  WNEAR

Today vs. 24 hours ago

Amount23:28 today24 hours ago24h change
0.5 WNEAR$2.12$2
+5.03%
1 WNEAR$4.25$4
+5.03%
5 WNEAR$21.23$19.99
+5.03%
10 WNEAR$42.46$39.98
+5.03%
50 WNEAR$212.31$199.89
+5.03%
100 WNEAR$424.61$399.79
+5.03%
500 WNEAR$2,123.06$1,998.94
+5.03%
1000 WNEAR$4,246.13$3,997.88
+5.03%

Today vs. 1 month ago

Amount23:28 today1 month ago1M change
0.5 WNEAR$2.12$3.5
-34.72%
1 WNEAR$4.25$7
-34.72%
5 WNEAR$21.23$35.01
-34.72%
10 WNEAR$42.46$70.01
-34.72%
50 WNEAR$212.31$350.07
-34.72%
100 WNEAR$424.61$700.15
-34.72%
500 WNEAR$2,123.06$3,500.74
-34.72%
1000 WNEAR$4,246.13$7,001.49
-34.72%

Today vs. 1 year ago

Amount23:28 today1 year ago1Y change
0.5 WNEAR$2.12$0.1950
+291.37%
1 WNEAR$4.25$0.3899
+291.37%
5 WNEAR$21.23$1.95
+291.37%
10 WNEAR$42.46$3.9
+291.37%
50 WNEAR$212.31$19.5
+291.37%
100 WNEAR$424.61$38.99
+291.37%
500 WNEAR$2,123.06$194.97
+291.37%
1000 WNEAR$4,246.13$389.93
+291.37%

Wrapped Near price prediction

What will the price of WNEAR be in 2025?

Based on WNEAR's historical price performance prediction model, the price of WNEAR is projected to reach $6.38 in 2025.

What will the price of WNEAR be in 2030?

In 2030, the WNEAR price is expected to change by +6.00%. By the end of 2030, the WNEAR price is projected to reach $13.04, with a cumulative ROI of +207.21%.

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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 Wrapped Near 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 Wrapped Near 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 Wrapped Near 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.