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POLYSPORTS to Moroccan Dirham Converter and calculator

Convert 1POLYSPORTS (PS1) to Moroccan Dirham (MAD) equals د.م. 0 | Bitget
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Last updated as of 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 POLYSPORTS(PS1) to Moroccan Dirham(MAD). This is the real-time data. The current conversion shows 1 PS1 at a value of 1 PS1 for 0 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 POLYSPORTS currency pair is the PS1 to MAD, with for POLYSPORTS's currency code being PS1. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for MAD.

PS1 to MAD conversion rate trend

1D7D1M3M1YAll
In the past 1D, POLYSPORTS has changed +8.35% to MAD. Based on the trend and price charts, POLYSPORTS(PS1) has changed +8.35% to MAD while Moroccan Dirham(MAD) has changed % to PS1 in the last 24 hours.

PS1 to MAD market statistics

PS1/MAD:
--
PS1 24h volume:
--
PS1 market cap:
--
PS1 circulating supply:
0 PS1

Current PS1 to MAD exchange rate

POLYSPORTS to Moroccan Dirham is rising this week.
POLYSPORTS's current market price is د.م. 0 per PS1, with a total market cap of د.م. 0 MAD based on a circulating supply of -- PS1. The trading volume of POLYSPORTS has changed by 0.00% (د.م. 0 MAD) in the last 24 hours. Last trading day, PS1's trading volume was د.م. 0.

PS1 to MAD Conversion tables

The exchange rate of POLYSPORTS is decreasing.
1 PS1 is currently valued at د.م. 0 MAD , which means buying 5 PS1 will cost د.م. 0 MAD . Similarly, د.م.1 MAD can be traded for Infinity PS1, and د.م.50 MAD can be converted to Infinity PS1, excluding any platform or gas fees.
The exchange rate of 1 PS1 to Moroccan Dirham has changed by +12.38% in the last 7 days. In the last 24 hours, the rate has fluctuated by +8.35%, reaching a high of 0.003472 MAD and a low of 0.003102 MAD . One month ago, the value of 1 PS1 was د.م. 0.0003045 MAD , which represents a -8.12% change from its current value. Over the last year, POLYSPORTS has changed by
-د.م.
0.03624MAD
, resulting in a change of -91.31% in its value.

PS1 to MAD

Amount
22:56 today
0.5 PS1
د.م.0
1 PS1
د.م.0
5 PS1
د.م.0
10 PS1
د.م.0
50 PS1
د.م.0
100 PS1
د.م.0
500 PS1
د.م.0
1000 PS1
د.م.0

MAD to PS1

Amount22:56 today
0.5MADInfinity  PS1
1MADInfinity  PS1
5MADInfinity  PS1
10MADInfinity  PS1
50MADInfinity  PS1
100MADInfinity  PS1
500MADInfinity  PS1
1000MADInfinity  PS1
Buy PS1 now

PS1 to MAD Today vs. 24 hours ago

Amount22:56 today24 hours ago24h change
0.5 PS1د.م.0د.م.-0.0001329
+8.35%
1 PS1د.م.0د.م.-0.0002657
+8.35%
5 PS1د.م.0د.م.-0.001329
+8.35%
10 PS1د.م.0د.م.-0.002657
+8.35%
50 PS1د.م.0د.م.-0.01329
+8.35%
100 PS1د.م.0د.م.-0.02657
+8.35%
500 PS1د.م.0د.م.-0.1329
+8.35%
1000 PS1د.م.0د.م.-0.2657
+8.35%

PS1 to MAD Today vs. 1 month ago

Amount22:56 today1 month ago1M change
0.5 PS1د.م.0د.م.0.0001523
-8.12%
1 PS1د.م.0د.م.0.0003045
-8.12%
5 PS1د.م.0د.م.0.001523
-8.12%
10 PS1د.م.0د.م.0.003045
-8.12%
50 PS1د.م.0د.م.0.01523
-8.12%
100 PS1د.م.0د.م.0.03045
-8.12%
500 PS1د.م.0د.م.0.1523
-8.12%
1000 PS1د.م.0د.م.0.3045
-8.12%

PS1 to MAD Today vs. 1 year ago

Amount22:56 today1 year ago1Y change
0.5 PS1د.م.0د.م.0.01812
-91.31%
1 PS1د.م.0د.م.0.03624
-91.31%
5 PS1د.م.0د.م.0.1812
-91.31%
10 PS1د.م.0د.م.0.3624
-91.31%
50 PS1د.م.0د.م.1.81
-91.31%
100 PS1د.م.0د.م.3.62
-91.31%
500 PS1د.م.0د.م.18.12
-91.31%
1000 PS1د.م.0د.م.36.24
-91.31%

How to convert PS1 to MAD

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Convert PS1 to MAD
Use a variety of payment options to buy POLYSPORTS on Bitget. We'll show you how.

Buy PS1 (or USDT) for MAD (Moroccan Dirham) offers

Bitget P2P trading does not currently support direct buying of PS1 with MAD. However, you can buy USDT in Bitget P2P trading first, and then buy PS1 with USDT via Bitget spot market.
Merchants (trades/completion rate)PriceAmount/limit
Low to high
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Sell PS1 (or USDT) for MAD (Moroccan Dirham) offers

Bitget P2P trading currently does not support direct selling of PS1 to MAD. However, you can first exchange PS1 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
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What factors influence the conversion rate of PS1 to MAD?

There are many factors that affect the relationship between POLYSPORTS 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 PS1/MAD. When there is positive news in the market about the widespread adoption of PS1 or major technological breakthroughs, it tends to trigger market optimism and drive the rise of PS1/MAD. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in PS1/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 PS1/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 POLYSPORTS and adjust their investment strategies accordingly in the evolving market.

POLYSPORTS price prediction

What will the price of PS1 be in 2026?

Based on PS1's historical price performance prediction model, the price of PS1 is projected to reach $0.00 in 2026.

What will the price of PS1 be in 2031?

In 2031, the PS1 price is expected to change by +6.00%. By the end of 2031, the PS1 price is projected to reach $0.00, with a cumulative ROI of 0.00%.

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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 POLYSPORTS 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 POLYSPORTS 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 POLYSPORTS 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.