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Bitget: Ranked top 4 in global daily trading volume!
BTC market share62.01%
New listings on Bitget: Pi Network
BTC/USDT$84458.11 (+3.06%)Fear and Greed Index28(Fear)
Altcoin season index:0(Bitcoin season)
Coins listed in Pre-MarketPAWS,WCTTotal spot Bitcoin ETF netflow -$99.8M (1D); -$14.7M (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 share62.01%
New listings on Bitget: Pi Network
BTC/USDT$84458.11 (+3.06%)Fear and Greed Index28(Fear)
Altcoin season index:0(Bitcoin season)
Coins listed in Pre-MarketPAWS,WCTTotal spot Bitcoin ETF netflow -$99.8M (1D); -$14.7M (7D).Welcome gift package for new users worth 6200 USDT.Claim now
Trade anytime, anywhere with the Bitget app. Download now
MENGO
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 Flamengo Fan Token(MENGO) to Moroccan Dirham(MAD). This is the real-time data. The current conversion shows 1 MENGO at a value of 1 MENGO for 0.81 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 Flamengo Fan Token currency pair is the MENGO to MAD, with for Flamengo Fan Token's currency code being MENGO. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for MAD.
MENGO to MAD conversion rate trend
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In the past 1D, Flamengo Fan Token has changed -7.28% to MAD. Based on the trend and price charts, Flamengo Fan Token(MENGO) has changed -7.28% to MAD while Moroccan Dirham(MAD) has changed % to MENGO in the last 24 hours.
MENGO to MAD market statistics
MENGO/MAD:
د.م. 0.8082
MENGO 24h volume:
د.م. 1,215,524.57
MENGO market cap:
د.م. 9,588,122.4
MENGO circulating supply:
11.86M MENGO
More info about Flamengo Fan Token on Bitget
Current MENGO to MAD exchange rate
Flamengo Fan Token to Moroccan Dirham is falling this week.Flamengo Fan Token's current market price is د.م. 0.8082 per MENGO, with a total market cap of د.م. 9,588,122.4 MAD based on a circulating supply of 11,863,488 MENGO. The trading volume of Flamengo Fan Token has changed by -10.80% (د.م. -147,143.64 MAD) in the last 24 hours. Last trading day, MENGO's trading volume was د.م. 1,362,668.21.
MENGO to MAD Conversion tables
The exchange rate of Flamengo Fan Token is decreasing.1 MENGO is currently valued at د.م. 0.8082 MAD , which means buying 5 MENGO will cost د.م. 4.04 MAD . Similarly, د.م.1 MAD can be traded for 1.24 MENGO, and د.م.50 MAD can be converted to 61.87 MENGO, excluding any platform or gas fees.
The exchange rate of 1 MENGO to Moroccan Dirham has changed by -8.38% in the last 7 days. In the last 24 hours, the rate has fluctuated by -7.28%, reaching a high of 0.8731 MAD and a low of 0.8052 MAD . One month ago, the value of 1 MENGO was د.م. 1.13 MAD , which represents a -28.53% change from its current value. Over the last year, Flamengo Fan Token has changed by , resulting in a change of -87.13% in its value.
-د.م.
5.47MADMENGO to MAD
Amount
17:52 today
0.5 MENGO
د.م.0.4041
1 MENGO
د.م.0.8082
5 MENGO
د.م.4.04
10 MENGO
د.م.8.08
50 MENGO
د.م.40.41
100 MENGO
د.م.80.82
500 MENGO
د.م.404.1
1000 MENGO
د.م.808.2
MAD to MENGO
Amount17:52 today
0.5MAD0.6187 MENGO
1MAD1.24 MENGO
5MAD6.19 MENGO
10MAD12.37 MENGO
50MAD61.87 MENGO
100MAD123.73 MENGO
500MAD618.66 MENGO
1000MAD1,237.31 MENGO
MENGO to MAD Today vs. 24 hours ago
| Amount | 17:52 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 MENGO | د.م.0.4041 | د.م.0.4358 | -7.28% |
| 1 MENGO | د.م.0.8082 | د.م.0.8717 | -7.28% |
| 5 MENGO | د.م.4.04 | د.م.4.36 | -7.28% |
| 10 MENGO | د.م.8.08 | د.م.8.72 | -7.28% |
| 50 MENGO | د.م.40.41 | د.م.43.58 | -7.28% |
| 100 MENGO | د.م.80.82 | د.م.87.17 | -7.28% |
| 500 MENGO | د.م.404.1 | د.م.435.85 | -7.28% |
| 1000 MENGO | د.م.808.2 | د.م.871.69 | -7.28% |
MENGO to MAD Today vs. 1 month ago
| Amount | 17:52 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 MENGO | د.م.0.4041 | د.م.0.5654 | -28.53% |
| 1 MENGO | د.م.0.8082 | د.م.1.13 | -28.53% |
| 5 MENGO | د.م.4.04 | د.م.5.65 | -28.53% |
| 10 MENGO | د.م.8.08 | د.م.11.31 | -28.53% |
| 50 MENGO | د.م.40.41 | د.م.56.54 | -28.53% |
| 100 MENGO | د.م.80.82 | د.م.113.08 | -28.53% |
| 500 MENGO | د.م.404.1 | د.م.565.4 | -28.53% |
| 1000 MENGO | د.م.808.2 | د.م.1,130.8 | -28.53% |
MENGO to MAD Today vs. 1 year ago
| Amount | 17:52 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 MENGO | د.م.0.4041 | د.م.3.14 | -87.13% |
| 1 MENGO | د.م.0.8082 | د.م.6.28 | -87.13% |
| 5 MENGO | د.م.4.04 | د.م.31.38 | -87.13% |
| 10 MENGO | د.م.8.08 | د.م.62.77 | -87.13% |
| 50 MENGO | د.م.40.41 | د.م.313.85 | -87.13% |
| 100 MENGO | د.م.80.82 | د.م.627.69 | -87.13% |
| 500 MENGO | د.م.404.1 | د.م.3,138.46 | -87.13% |
| 1000 MENGO | د.م.808.2 | د.م.6,276.91 | -87.13% |
How to convert MENGO to MAD
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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 MENGO to MAD
Use a variety of payment options to buy Flamengo Fan Token on Bitget. We'll show you how.
Learn MoreBuy MENGO (or USDT) for MAD (Moroccan Dirham) offers
Bitget P2P trading does not currently support direct buying of MENGO with MAD. However, you can buy USDT in Bitget P2P trading first, and then buy MENGO 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 MENGO (or USDT) for MAD (Moroccan Dirham) offers
Bitget P2P trading currently does not support direct selling of MENGO to MAD. However, you can first exchange MENGO 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 MENGO to MAD?
There are many factors that affect the relationship between Flamengo Fan Token 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 MENGO/MAD. When there is positive news in the market about the widespread adoption of MENGO or major technological breakthroughs, it tends to trigger market optimism and drive the rise of MENGO/MAD. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in MENGO/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 MENGO/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 Flamengo Fan Token and adjust their investment strategies accordingly in the evolving market.
Flamengo Fan Token price prediction
What will the price of MENGO be in 2026?
Based on MENGO's historical price performance prediction model, the price of MENGO is projected to reach $0.1194 in 2026.
What will the price of MENGO be in 2031?
In 2031, the MENGO price is expected to change by +45.00%. By the end of 2031, the MENGO price is projected to reach $0.3471, with a cumulative ROI of +286.45%.
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Popular Flamengo Fan Token Converter
Check out these popular currency conversions of Flamengo Fan Token to several fiat currencies.
MENGO to TWD
1 MENGO to NT$ 2.82 TWD
MENGO to MAD
1 MENGO to د.م. 0.8082 MAD
MENGO to CNY
1 MENGO to ¥ 0.6190 CNY
MENGO to USD
1 MENGO to $ 0.08497 USD
MENGO to EUR
1 MENGO to € 0.07763 EUR
MENGO to CAD
1 MENGO to $ 0.1209 CAD
MENGO to KRW
1 MENGO to ₩ 124.01 KRW
MENGO to JPY
1 MENGO to ¥ 12.47 JPY
MENGO to GBP
1 MENGO to £ 0.06600 GBP
MENGO to BRL
1 MENGO to R$ 0.4937 BRL
Popular cryptocurrencies to MAD
Explore other cryptocurrencies based on your interest in Flamengo Fan Token.
PI to MAD
1 PI to د.م. 5.14 MAD
FIL to MAD
1 FIL to د.م. 26.52 MAD
ATOM to MAD
1 ATOM to د.م. 48.2 MAD
USUAL to MAD
1 USUAL to د.م. 1.26 MAD
BTC to MAD
1 BTC to د.م. 801,432.96 MAD
CRTS to MAD
1 CRTS to د.م. 0.003062 MAD
ZRO to MAD
1 ZRO to د.م. 28.81 MAD
VIDT to MAD
1 VIDT to د.م. 0.2639 MAD
AMP to MAD
1 AMP to د.م. 0.03523 MAD
BERA to MAD
1 BERA to د.م. 55.1 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 Flamengo Fan Token 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 Flamengo Fan Token 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 Flamengo Fan Token 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.
