FRM
MAD
Last updated 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 Ferrum Network(FRM) to Moroccan Dirham(MAD). This is the real-time data. The current conversion shows 1 FRM at a value of 1 FRM for 0.12 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 Ferrum Network currency pair is the FRM to MAD, with for Ferrum Network's currency code being FRM. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for MAD.
FRM to MAD conversion rate trend
1D7D1M3M1YAll
In the past 1D, Ferrum Network has changed +1.72% to MAD. Based on the trend and price charts, Ferrum Network(FRM) has changed +1.72% to MAD while Moroccan Dirham(MAD) has changed % to FRM in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | د.م.0.1199 | 0.0200% / 0.0320%  VIP 7 | |
Gate.io | د.م.0.1195 | 0.1000% / 0.1000% | Yes |
KuCoin | د.م.0.1207 | 0.1000% / 0.1000% | Yes |
Last updated 2024/11/21 16:00:20(UTC+0)
How to buy Ferrum Network
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Verify your identity by entering your personal information and uploading a valid photo ID.
Buy Ferrum Network (FRM)
Use a variety of payment options to buy Ferrum Network on Bitget. We'll show you how.
Buy FRM (or USDT) for MAD (Moroccan Dirham) offers
Bitget P2P trading does not currently support direct buying of FRM with MAD. However, you can buy USDT in Bitget P2P trading first, and then buy FRM 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 FRM (or USDT) for MAD (Moroccan Dirham) offers
Bitget P2P trading currently does not support direct selling of FRM to MAD. However, you can first exchange FRM 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 Ferrum Network to Moroccan Dirham?
Ferrum Network to Moroccan Dirham is falling this week.Ferrum Network's current market price is د.م. 0.1201 per FRM, with a total market cap of د.م. 32,389,312.32 MAD based on a circulating supply of 269,628,350 FRM. The trading volume of Ferrum Network has changed by -13.20% (د.م. -544,299.52 MAD) in the last 24 hours. Last trading day, FRM's trading volume was د.م. 4,123,762.38.
Market cap
$3.24M
24h volume
$358.13K
Circulating supply
269.63M FRM
Conversion tables
The exchange rate of Ferrum Network is decreasing.1 FRM is currently valued at د.م. 0.1201 MAD , which means buying 5 FRM will cost د.م. 0.6006 MAD . Similarly, د.م.1 MAD can be traded for 8.32 FRM, and د.م.50 MAD can be converted to 416.23 FRM, excluding any platform or gas fees.
The exchange rate of 1 FRM to Moroccan Dirham has changed by -9.63% in the last 7 days. In the last 24 hours, the rate has fluctuated by +1.72%, reaching a high of 0.1207 MAD and a low of 0.1157 MAD . One month ago, the value of 1 FRM was د.م. 0.1579 MAD , which represents a -24.17% change from its current value. Over the last year, Ferrum Network has changed by , resulting in a change of -85.45% in its value.
-د.م.
0.6964MADFRM to MAD
Amount
19:15 today
0.5 FRM
د.م.0.06006
1 FRM
د.م.0.1201
5 FRM
د.م.0.6006
10 FRM
د.م.1.2
50 FRM
د.م.6.01
100 FRM
د.م.12.01
500 FRM
د.م.60.06
1000 FRM
د.م.120.13
MAD to FRM
Amount19:15 today
0.5MAD4.16 FRM
1MAD8.32 FRM
5MAD41.62 FRM
10MAD83.25 FRM
50MAD416.23 FRM
100MAD832.46 FRM
500MAD4,162.3 FRM
1000MAD8,324.61 FRM
Today vs. 24 hours ago
| Amount | 19:15 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 FRM | $0.006009 | $0.005909 | +1.72% |
| 1 FRM | $0.01202 | $0.01182 | +1.72% |
| 5 FRM | $0.06009 | $0.05909 | +1.72% |
| 10 FRM | $0.1202 | $0.1182 | +1.72% |
| 50 FRM | $0.6009 | $0.5909 | +1.72% |
| 100 FRM | $1.2 | $1.18 | +1.72% |
| 500 FRM | $6.01 | $5.91 | +1.72% |
| 1000 FRM | $12.02 | $11.82 | +1.72% |
Today vs. 1 month ago
| Amount | 19:15 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 FRM | $0.006009 | $0.007900 | -24.17% |
| 1 FRM | $0.01202 | $0.01580 | -24.17% |
| 5 FRM | $0.06009 | $0.07900 | -24.17% |
| 10 FRM | $0.1202 | $0.1580 | -24.17% |
| 50 FRM | $0.6009 | $0.7900 | -24.17% |
| 100 FRM | $1.2 | $1.58 | -24.17% |
| 500 FRM | $6.01 | $7.9 | -24.17% |
| 1000 FRM | $12.02 | $15.8 | -24.17% |
Today vs. 1 year ago
| Amount | 19:15 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 FRM | $0.006009 | $0.04085 | -85.45% |
| 1 FRM | $0.01202 | $0.08169 | -85.45% |
| 5 FRM | $0.06009 | $0.4085 | -85.45% |
| 10 FRM | $0.1202 | $0.8169 | -85.45% |
| 50 FRM | $0.6009 | $4.08 | -85.45% |
| 100 FRM | $1.2 | $8.17 | -85.45% |
| 500 FRM | $6.01 | $40.85 | -85.45% |
| 1000 FRM | $12.02 | $81.69 | -85.45% |
Ferrum Network price prediction
What will the price of FRM be in 2025?
Based on FRM's historical price performance prediction model, the price of FRM is projected to reach $0.01950 in 2025.
What will the price of FRM be in 2030?
In 2030, the FRM price is expected to change by -13.00%. By the end of 2030, the FRM price is projected to reach $0.01800, with a cumulative ROI of +44.45%.
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Popular Ferrum Network conversions
Check out these popular currency conversions of Ferrum Network to several fiat currencies.
Ferrum Network to USD
1 FRM to $ 0.01202 USD
Ferrum Network to GBP
1 FRM to £ 0.009537 GBP
Ferrum Network to EUR
1 FRM to € 0.01146 EUR
Ferrum Network to KRW
1 FRM to ₩ 16.83 KRW
Ferrum Network to CAD
1 FRM to $ 0.01678 CAD
Ferrum Network to AUD
1 FRM to $ 0.01844 AUD
Ferrum Network to JPY
1 FRM to ¥ 1.86 JPY
Ferrum Network to BRL
1 FRM to R$ 0.06993 BRL
Ferrum Network to CNY
1 FRM to ¥ 0.08712 CNY
Ferrum Network to TWD
1 FRM to NT$ 0.3915 TWD
Popular cryptocurrencies to MAD
Explore other cryptocurrencies based on your interest in Ferrum Network.
MAD to MAD
1 MAD to د.م. -- MAD
XRP to MAD
1 XRP to د.م. 12.27 MAD
EGO to MAD
1 EGO to د.م. 0.2159 MAD
Sharpe AI to MAD
1 SAI to د.م. 0.3311 MAD
Solana to MAD
1 SOL to د.م. 2,578.93 MAD
Bitcoin to MAD
1 BTC to د.م. 986,246.08 MAD
Dogecoin to MAD
1 DOGE to د.م. 3.86 MAD
Pepe to MAD
1 PEPE to د.م. 0.0002081 MAD
Peanut the Squirrel to MAD
1 PNUT to د.م. 13.37 MAD
Sui to MAD
1 SUI to د.م. 35.88 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 Ferrum 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 Ferrum 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 Ferrum 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.
