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Bitget: Ranked top 4 in global daily trading volume!
BTC market share61.91%
BTC/USDT$83795.15 (-0.05%)Fear and Greed Index30(Fear)
Altcoin season index:0(Bitcoin season)
Coins listed in Pre-MarketPAWS,WCTTotal spot Bitcoin ETF netflow -$64.9M (1D); -$169.2M (7D).Welcome gift package for new users worth 6200 USDT.Claim now
Trade anytime, anywhere with the Bitget app. Download now
Bitget: Ranked top 4 in global daily trading volume!
BTC market share61.91%
BTC/USDT$83795.15 (-0.05%)Fear and Greed Index30(Fear)
Altcoin season index:0(Bitcoin season)
Coins listed in Pre-MarketPAWS,WCTTotal spot Bitcoin ETF netflow -$64.9M (1D); -$169.2M (7D).Welcome gift package for new users worth 6200 USDT.Claim now
Trade anytime, anywhere with the Bitget app. Download now
DRAC
MAD
Last updated as of 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 DRAC Network(DRAC) to Moroccan Dirham(MAD). This is the real-time data. The current conversion shows 1 DRAC at a value of 1 DRAC 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 DRAC Network currency pair is the DRAC to MAD, with for DRAC Network's currency code being DRAC. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for MAD.
DRAC to MAD conversion rate trend
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In the past 1D, DRAC Network has changed +6.38% to MAD. Based on the trend and price charts, DRAC Network(DRAC) has changed +6.38% to MAD while Moroccan Dirham(MAD) has changed % to DRAC in the last 24 hours.
DRAC to MAD market statistics
DRAC/MAD:
د.م. 0.001337
DRAC 24h volume:
--
DRAC market cap:
--
DRAC circulating supply:
0 DRAC
More info about DRAC Network on Bitget
Current DRAC to MAD exchange rate
DRAC Network to Moroccan Dirham is rising this week.DRAC Network's current market price is د.م. 0.001337 per DRAC, with a total market cap of د.م. 0 MAD based on a circulating supply of -- DRAC. The trading volume of DRAC Network has changed by 0.00% (د.م. 0 MAD) in the last 24 hours. Last trading day, DRAC's trading volume was د.م. 0.
DRAC to MAD Conversion tables
The exchange rate of DRAC Network is increasing.1 DRAC is currently valued at د.م. 0.001337 MAD , which means buying 5 DRAC will cost د.م. 0.006687 MAD . Similarly, د.م.1 MAD can be traded for 747.73 DRAC, and د.م.50 MAD can be converted to 37,386.65 DRAC, excluding any platform or gas fees.
The exchange rate of 1 DRAC to Moroccan Dirham has changed by +4.76% in the last 7 days. In the last 24 hours, the rate has fluctuated by +6.38%, reaching a high of 0.001410 MAD and a low of 0.001315 MAD . One month ago, the value of 1 DRAC was د.م. 0.001216 MAD , which represents a +9.44% change from its current value. Over the last year, DRAC Network has changed by , resulting in a change of -78.64% in its value.
-د.م.
0.005188MADDRAC to MAD
Amount
10:12 am today
0.5 DRAC
د.م.0.0006687
1 DRAC
د.م.0.001337
5 DRAC
د.م.0.006687
10 DRAC
د.م.0.01337
50 DRAC
د.م.0.06687
100 DRAC
د.م.0.1337
500 DRAC
د.م.0.6687
1000 DRAC
د.م.1.34
MAD to DRAC
Amount10:12 am today
0.5MAD373.87 DRAC
1MAD747.73 DRAC
5MAD3,738.67 DRAC
10MAD7,477.33 DRAC
50MAD37,386.65 DRAC
100MAD74,773.3 DRAC
500MAD373,866.5 DRAC
1000MAD747,733.01 DRAC
DRAC to MAD Today vs. 24 hours ago
| Amount | 10:12 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 DRAC | د.م.0.0006687 | د.م.0.0006264 | +6.38% |
| 1 DRAC | د.م.0.001337 | د.م.0.001253 | +6.38% |
| 5 DRAC | د.م.0.006687 | د.م.0.006264 | +6.38% |
| 10 DRAC | د.م.0.01337 | د.م.0.01253 | +6.38% |
| 50 DRAC | د.م.0.06687 | د.م.0.06264 | +6.38% |
| 100 DRAC | د.م.0.1337 | د.م.0.1253 | +6.38% |
| 500 DRAC | د.م.0.6687 | د.م.0.6264 | +6.38% |
| 1000 DRAC | د.م.1.34 | د.م.1.25 | +6.38% |
DRAC to MAD Today vs. 1 month ago
| Amount | 10:12 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 DRAC | د.م.0.0006687 | د.م.0.0006079 | +9.44% |
| 1 DRAC | د.م.0.001337 | د.م.0.001216 | +9.44% |
| 5 DRAC | د.م.0.006687 | د.م.0.006079 | +9.44% |
| 10 DRAC | د.م.0.01337 | د.م.0.01216 | +9.44% |
| 50 DRAC | د.م.0.06687 | د.م.0.06079 | +9.44% |
| 100 DRAC | د.م.0.1337 | د.م.0.1216 | +9.44% |
| 500 DRAC | د.م.0.6687 | د.م.0.6079 | +9.44% |
| 1000 DRAC | د.م.1.34 | د.م.1.22 | +9.44% |
DRAC to MAD Today vs. 1 year ago
| Amount | 10:12 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 DRAC | د.م.0.0006687 | د.م.0.003263 | -78.64% |
| 1 DRAC | د.م.0.001337 | د.م.0.006526 | -78.64% |
| 5 DRAC | د.م.0.006687 | د.م.0.03263 | -78.64% |
| 10 DRAC | د.م.0.01337 | د.م.0.06526 | -78.64% |
| 50 DRAC | د.م.0.06687 | د.م.0.3263 | -78.64% |
| 100 DRAC | د.م.0.1337 | د.م.0.6526 | -78.64% |
| 500 DRAC | د.م.0.6687 | د.م.3.26 | -78.64% |
| 1000 DRAC | د.م.1.34 | د.م.6.53 | -78.64% |
How to convert DRAC to MAD
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.
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Verify your identity by entering your personal information and uploading a valid photo ID.
Convert DRAC to MAD
Use a variety of payment options to buy DRAC Network on Bitget. We'll show you how.
Buy DRAC (or USDT) for MAD (Moroccan Dirham) offers
Bitget P2P trading does not currently support direct buying of DRAC with MAD. However, you can buy USDT in Bitget P2P trading first, and then buy DRAC with USDT via Bitget spot market.
| Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
|---|
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Sell DRAC (or USDT) for MAD (Moroccan Dirham) offers
Bitget P2P trading currently does not support direct selling of DRAC to MAD. However, you can first exchange DRAC 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 |
|---|
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What factors influence the conversion rate of DRAC to MAD?
There are many factors that affect the relationship between DRAC Network and Moroccan Dirham, spanning multiple dimensions such as macroeconomic trends, policy regulation, and technological innovation. Specifically, the following key factors play an important role:
Market sentiment:Investor sentiment and confidence have a significant impact on the dynamics of DRAC/MAD. When there is positive news in the market about the widespread adoption of DRAC or major technological breakthroughs, it tends to trigger market optimism and drive the rise of DRAC/MAD. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in DRAC/MAD.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Economic indicators:Macroeconomic factors in the country where the fiat currency is issued—such as inflation rates, interest rates, and key economic growth indicators—play a crucial role in determining the fiat currency's value and indirectly affect the exchange rate of DRAC/MAD. For example, high inflation rates may lead to a decrease in market trust in fiat currencies, thereby increasing investors' demand for cryptocurrencies such as Bitcoin as a hedge, driving up their prices.
Technological progress:The continuous development and innovation of blockchain technology, as well as various improvements in the cryptocurrency ecosystem—such as expansion solutions and security enhancements—have provided strong support for the value growth of cryptocurrencies like Bitcoin.
Investors must understand these dynamics to avoid making wrong decisions. After considering these factors, investors should also closely monitor future changes in the price of DRAC Network and adjust their investment strategies accordingly in the evolving market.
DRAC Network price prediction
What will the price of DRAC be in 2026?
Based on DRAC's historical price performance prediction model, the price of DRAC is projected to reach $0.0001680 in 2026.
What will the price of DRAC be in 2031?
In 2031, the DRAC price is expected to change by +24.00%. By the end of 2031, the DRAC price is projected to reach $0.0004108, with a cumulative ROI of +192.16%.
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Popular DRAC Network Converter
Check out these popular currency conversions of DRAC Network to several fiat currencies.
DRAC to TWD
1 DRAC to NT$ 0.004666 TWD
DRAC to MAD
1 DRAC to د.م. 0.001337 MAD
DRAC to CNY
1 DRAC to ¥ 0.001024 CNY
DRAC to USD
1 DRAC to $ 0.0001406 USD
DRAC to EUR
1 DRAC to € 0.0001283 EUR
DRAC to CAD
1 DRAC to $ 0.0002001 CAD
DRAC to KRW
1 DRAC to ₩ 0.2052 KRW
DRAC to JPY
1 DRAC to ¥ 0.02066 JPY
DRAC to GBP
1 DRAC to £ 0.0001091 GBP
DRAC to BRL
1 DRAC to R$ 0.0008213 BRL
Popular cryptocurrencies to MAD
Explore other cryptocurrencies based on your interest in DRAC Network.
PI to MAD
1 PI to د.م. 6.09 MAD
FIL to MAD
1 FIL to د.م. 26.12 MAD
ATOM to MAD
1 ATOM to د.م. 46.53 MAD
USUAL to MAD
1 USUAL to د.م. 1.19 MAD
BTC to MAD
1 BTC to د.م. 797,189.93 MAD
CRTS to MAD
1 CRTS to د.م. 0.003941 MAD
ZRO to MAD
1 ZRO to د.م. 29.07 MAD
VIDT to MAD
1 VIDT to د.م. 0.2419 MAD
AMP to MAD
1 AMP to د.م. 0.03478 MAD
BERA to MAD
1 BERA to د.م. 56.05 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 DRAC Network 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 DRAC Network 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 DRAC Network 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.
