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base info Metal DAO

Metal DAO to Moroccan Dirham Converter and calculator

Convert 1Metal DAO (MTL) to Moroccan Dirham (MAD) equals د.م. 11.86 | Bitget
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Last updated 2024/12/21 01:34:15 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of Metal DAO(MTL) to Moroccan Dirham(MAD). This is the real-time data. The current conversion shows 1 MTL at a value of 1 MTL for 11.86 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 Metal DAO currency pair is the MTL to MAD, with for Metal DAO's currency code being MTL. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for MAD.

MTL to MAD conversion rate trend

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Live Metal DAO (MTL) price chart
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In the past 1D, Metal DAO has changed +4.27% to MAD. Based on the trend and price charts, Metal DAO(MTL) has changed +4.27% to MAD while Moroccan Dirham(MAD) has changed -4.09% to MTL in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
د.م.11.36
0.0200% / 0.0320%vip-iconVIP 7
Binance
د.م.11.4
0.1000% / 0.1000%
Yes
Huobi
د.م.13.52
0.1000% / 0.1000%
Yes
Gate.io
د.م.11.38
0.1000% / 0.1000%
Yes
KuCoin
د.م.11.39
0.1000% / 0.1000%
Yes
Last updated 2024/12/21 00:00:17(UTC+0)

How to buy Metal DAO

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Buy Metal DAO (MTL)
Use a variety of payment options to buy Metal DAO on Bitget. We'll show you how.

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

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

Bitget P2P trading currently does not support direct selling of MTL to MAD. However, you can first exchange MTL 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 Metal DAO to Moroccan Dirham?

Metal DAO to Moroccan Dirham is falling this week.
Metal DAO's current market price is د.م. 11.86 per MTL, with a total market cap of د.م. 931,949,842.15 MAD based on a circulating supply of 78,588,900 MTL. The trading volume of Metal DAO has changed by -6.78% (د.م. -9,429,388.24 MAD) in the last 24 hours. Last trading day, MTL's trading volume was د.م. 138,984,276.53.
Market cap
$92.62M
24h volume
$12.88M
Circulating supply
78.59M MTL

Conversion tables

The exchange rate of Metal DAO is decreasing.
1 MTL is currently valued at د.م. 11.86 MAD , which means buying 5 MTL will cost د.م. 59.29 MAD . Similarly, د.م.1 MAD can be traded for 0.08433 MTL, and د.م.50 MAD can be converted to 4.22 MTL, excluding any platform or gas fees.
The exchange rate of 1 MTL to Moroccan Dirham has changed by -19.75% in the last 7 days. In the last 24 hours, the rate has fluctuated by +4.27%, reaching a high of 11.89 MAD and a low of 9.73 MAD . One month ago, the value of 1 MTL was د.م. 12.21 MAD , which represents a -2.97% change from its current value. Over the last year, Metal DAO has changed by
-د.م.
4.84MAD
, resulting in a change of -29.55% in its value.

MTL to MAD

Amount
01:34 am today
0.5 MTL
د.م.5.93
1 MTL
د.م.11.86
5 MTL
د.م.59.29
10 MTL
د.م.118.59
50 MTL
د.م.592.93
100 MTL
د.م.1,185.85
500 MTL
د.م.5,929.27
1000 MTL
د.م.11,858.54

MAD to MTL

Amount01:34 am today
0.5MAD0.04216  MTL
1MAD0.08433  MTL
5MAD0.4216  MTL
10MAD0.8433  MTL
50MAD4.22  MTL
100MAD8.43  MTL
500MAD42.16  MTL
1000MAD84.33  MTL

Today vs. 24 hours ago

Amount01:34 am today24 hours ago24h change
0.5 MTL$0.5893$0.5658
+4.27%
1 MTL$1.18$1.13
+4.27%
5 MTL$5.89$5.66
+4.27%
10 MTL$11.79$11.32
+4.27%
50 MTL$58.93$56.58
+4.27%
100 MTL$117.86$113.16
+4.27%
500 MTL$589.29$565.8
+4.27%
1000 MTL$1,178.58$1,131.59
+4.27%

Today vs. 1 month ago

Amount01:34 am today1 month ago1M change
0.5 MTL$0.5893$0.6068
-2.97%
1 MTL$1.18$1.21
-2.97%
5 MTL$5.89$6.07
-2.97%
10 MTL$11.79$12.14
-2.97%
50 MTL$58.93$60.68
-2.97%
100 MTL$117.86$121.37
-2.97%
500 MTL$589.29$606.83
-2.97%
1000 MTL$1,178.58$1,213.65
-2.97%

Today vs. 1 year ago

Amount01:34 am today1 year ago1Y change
0.5 MTL$0.5893$0.8300
-29.55%
1 MTL$1.18$1.66
-29.55%
5 MTL$5.89$8.3
-29.55%
10 MTL$11.79$16.6
-29.55%
50 MTL$58.93$83
-29.55%
100 MTL$117.86$166
-29.55%
500 MTL$589.29$830.01
-29.55%
1000 MTL$1,178.58$1,660.02
-29.55%

Metal DAO price prediction

What will the price of MTL be in 2025?

Based on MTL's historical price performance prediction model, the price of MTL is projected to reach $1.79 in 2025.

What will the price of MTL be in 2030?

In 2030, the MTL price is expected to change by -4.00%. By the end of 2030, the MTL price is projected to reach $2.73, with a cumulative ROI of +122.62%.

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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.