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RENEC to MAD Converter and calculator

RENEC/MAD: 1 RENEC = 1.05 MAD. The price of converting 1 RENEC (RENEC) to Moroccan Dirham (MAD) is 1.05 MAD today.
RENEC
RENEC
MAD
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides RENEC to MAD real-time exchange rates, making it easy to convert RENEC (RENEC) to Moroccan Dirham (MAD). The conversion result is based on real-time data. The conversion result shows that 1 RENEC is currently valued at 1.05 MAD. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 RENEC is currently valued at 1.05 MAD, which means buying 5 RENEC would cost 5.27 MAD. Similarly, د.م.1 MAD can be converted to 0.9482 RENEC, and د.م.50 MAD can be converted to 4.74 RENEC, excluding any platform or gas fees.

Convert RENEC to MAD

Convert MAD to RENEC

RENEC
Moroccan Dirham
100 RENEC
105.46  MAD
200 RENEC
210.92  MAD
500 RENEC
527.31  MAD
1000 RENEC
1,054.61  MAD
5000 RENEC
5,273.07  MAD
10000 RENEC
10,546.15  MAD
In the table above, you'll find a comprehensive RENEC to MAD converter that shows the value of RENEC in Moroccan Dirham across commonly used conversion amounts. The list covers conversions from 1 RENEC to MAD, all the way up to 10000 RENEC, providing a clear view of their respective values.
Moroccan Dirham
RENEC
2000 MAD
1,896.43 RENEC
5000 MAD
4,741.07 RENEC
10000 MAD
9,482.13 RENEC
50000 MAD
47,410.67 RENEC
100000 MAD
94,821.34 RENEC
In the table above, you'll find a comprehensive MAD to RENEC converter that shows the value of Moroccan Dirham in RENEC across commonly used conversion amounts. The list covers conversions from 1 MAD to RENEC, all the way up to 100000 MAD, providing a clear view of their respective values.

RENEC to MAD chart

RENEC/MAD: 1 RENEC = 1.05 MAD; 2025/05/04 14:15:41
In the past 1D, RENEC has changed -1.58% to MAD. Based on the trend and price charts, RENEC(RENEC) has changed -1.58% to MAD while Moroccan Dirham(MAD) has changed % to RENEC in the last 24 hours.
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RENEC to MAD conversion data: Volatility and price changes of RENEC in MAD

The highest RENEC price in MAD over the past 7 days was 1.1 MAD while the lowest RENEC price in MAD over the past 7 days was 1.05 MAD. The relative change between the highs and lows in RENEC price in MAD over the last 7 days indicates a volatility of %. You can view additional volatility data and RENEC to MAD prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hoursLast 7 daysLast 30 daysLast 90 days
High
1.07 MAD
1.1 MAD
1.1 MAD
9.19 MAD
Low
1.05 MAD
1.05 MAD
1.01 MAD
0.6032 MAD
Average
0 MAD
0 MAD
0 MAD
0 MAD
Volatility
%
%
%
%
Change
-1.58%
-0.93%
-2.38%
-31.40%

RENEC information

RENEC to MAD market statistics

RENEC/MAD:
د.م.1.05
RENEC 24h volume:
--
RENEC market cap:
د.م.37,855,408.15
RENEC circulating supply:
35.90M RENEC

Current RENEC to MAD exchange rate

RENEC to Moroccan Dirham is falling this week.
RENEC's current market price is د.م.1.05 per RENEC, with a total market cap of د.م.37,855,408.15 MAD based on a circulating supply of 35,895,004 RENEC. The trading volume of RENEC has changed by 0.00% (د.م.0 MAD) in the last 24 hours. Last trading day, RENEC's trading volume was د.م.0.

More info about RENEC on Bitget

Moroccan Dirham 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 RENEC currency pair is the RENEC to MAD, with for RENEC's currency code being RENEC. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for MAD.

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How to convert RENEC to MAD

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RENEC to MAD Conversion tables

The exchange rate of RENEC is decreasing.
The exchange rate of 1 RENEC to Moroccan Dirham has changed by -0.93% in the last 7 days. In the last 24 hours, the rate has fluctuated by -1.58%, reaching a high of 1.07 MAD and a low of 1.05 MAD . One month ago, the value of 1 RENEC was د.م.1.08 MAD , which represents a -2.38% change from its current value. Over the last year, RENEC has changed by
-د.م.
1.47MAD
, resulting in a change of -58.19% in its value.
24 hours ago1 month ago1 year ago
Amount14:15 today24 hours ago24h change
0.5 RENECد.م.0.5273د.م.0.5358
-1.58%
1 RENECد.م.1.05د.م.1.07
-1.58%
5 RENECد.م.5.27د.م.5.36
-1.58%
10 RENECد.م.10.55د.م.10.72
-1.58%
50 RENECد.م.52.73د.م.53.58
-1.58%
100 RENECد.م.105.46د.م.107.16
-1.58%
500 RENECد.م.527.31د.م.535.79
-1.58%
1000 RENECد.م.1,054.61د.م.1,071.58
-1.58%

RENEC to MAD FAQ

How much is 1 RENEC in MAD?
Right now, the price of 1 RENEC (RENEC) in Moroccan Dirham (MAD) is د.م.1.05.
How much RENEC can I buy for 1 MAD?
Based on the current exchange rate, you can get 0.9482 RENEC for 1 MAD.
How do I calculate or convert RENEC to MAD?
You can use our RENEC to MAD calculator at the top of this page to convert any amount of RENEC to MAD. We've also included quick-reference tables for the most popular conversions. For example, 5 MAD is equivalent to 4.74 RENEC, while 5 RENEC will cost around 5.27MAD.
What is the highest price of RENEC/MAD in history?
The all-time high price of 1 RENEC in MAD is د.م.13.67. It remains to be seen if the value of 1 RENEC/MAD will exceed the current all-time high.
What is the price trend of RENEC in MAD?
Over the past 7 days, the exchange rate of RENEC (RENEC) has gone down by 0.93%.   Over the last month, the exchange rate of RENEC (RENEC) has gone down by 2.38% against Moroccan Dirham (MAD).

What factors influence the conversion rate of RENEC to MAD?

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

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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.