OPEN
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 Open Platform(OPEN) to Moroccan Dirham(MAD). This is the real-time data. The current conversion shows 1 OPEN at a value of 1 OPEN for 0.11 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 Open Platform currency pair is the OPEN to MAD, with for Open Platform's currency code being OPEN. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for MAD.
OPEN to MAD conversion rate trend
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In the past 1D, Open Platform has changed -4.05% to MAD. Based on the trend and price charts, Open Platform(OPEN) has changed -4.05% to MAD while Moroccan Dirham(MAD) has changed % to OPEN in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | د.م.0.1041 | 0.0200% / 0.0320%  VIP 7 | |
Gate.io | د.م.0.1994 | 0.1000% / 0.1000% | Yes |
Last updated 2024/06/07 00:00:18(UTC+0)
How to buy Open Platform
Create Your Free Bitget Account
Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
Verify Your Account
Verify your identity by entering your personal information and uploading a valid photo ID.
Buy Open Platform (OPEN)
Use a variety of payment options to buy Open Platform on Bitget. We'll show you how.
Buy OPEN (or USDT) for MAD (Moroccan Dirham) offers
Bitget P2P trading does not currently support direct buying of OPEN with MAD. However, you can buy USDT in Bitget P2P trading first, and then buy OPEN 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 OPEN (or USDT) for MAD (Moroccan Dirham) offers
Bitget P2P trading currently does not support direct selling of OPEN to MAD. However, you can first exchange OPEN 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 Open Platform to Moroccan Dirham?
Open Platform to Moroccan Dirham is falling this week.Open Platform's current market price is د.م. 0.1068 per OPEN, with a total market cap of د.م. 0 MAD based on a circulating supply of -- OPEN. The trading volume of Open Platform has changed by -64.79% (د.م. -155,022.65 MAD) in the last 24 hours. Last trading day, OPEN's trading volume was د.م. 239,262.77.
Market cap
$0
24h volume
$8.40K
Circulating supply
0 OPEN
Conversion tables
The exchange rate of Open Platform is decreasing.1 OPEN is currently valued at د.م. 0.1068 MAD , which means buying 5 OPEN will cost د.م. 0.5341 MAD . Similarly, د.م.1 MAD can be traded for 9.36 OPEN, and د.م.50 MAD can be converted to 468.04 OPEN, excluding any platform or gas fees.
The exchange rate of 1 OPEN to Moroccan Dirham has changed by -23.39% in the last 7 days. In the last 24 hours, the rate has fluctuated by -4.05%, reaching a high of 0.1136 MAD and a low of 0.1002 MAD . One month ago, the value of 1 OPEN was د.م. 0.1354 MAD , which represents a -21.06% change from its current value. Over the last year, Open Platform has changed by , resulting in a change of +2913.10% in its value.
+د.م.
0.1034MADOPEN to MAD
Amount
13:43 today
0.5 OPEN
د.م.0.05341
1 OPEN
د.م.0.1068
5 OPEN
د.م.0.5341
10 OPEN
د.م.1.07
50 OPEN
د.م.5.34
100 OPEN
د.م.10.68
500 OPEN
د.م.53.41
1000 OPEN
د.م.106.83
MAD to OPEN
Amount13:43 today
0.5MAD4.68 OPEN
1MAD9.36 OPEN
5MAD46.8 OPEN
10MAD93.61 OPEN
50MAD468.04 OPEN
100MAD936.09 OPEN
500MAD4,680.43 OPEN
1000MAD9,360.86 OPEN
Today vs. 24 hours ago
| Amount | 13:43 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 OPEN | $0.005329 | $0.005554 | -4.05% |
| 1 OPEN | $0.01066 | $0.01111 | -4.05% |
| 5 OPEN | $0.05329 | $0.05554 | -4.05% |
| 10 OPEN | $0.1066 | $0.1111 | -4.05% |
| 50 OPEN | $0.5329 | $0.5554 | -4.05% |
| 100 OPEN | $1.07 | $1.11 | -4.05% |
| 500 OPEN | $5.33 | $5.55 | -4.05% |
| 1000 OPEN | $10.66 | $11.11 | -4.05% |
Today vs. 1 month ago
| Amount | 13:43 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 OPEN | $0.005329 | $0.006751 | -21.06% |
| 1 OPEN | $0.01066 | $0.01350 | -21.06% |
| 5 OPEN | $0.05329 | $0.06751 | -21.06% |
| 10 OPEN | $0.1066 | $0.1350 | -21.06% |
| 50 OPEN | $0.5329 | $0.6751 | -21.06% |
| 100 OPEN | $1.07 | $1.35 | -21.06% |
| 500 OPEN | $5.33 | $6.75 | -21.06% |
| 1000 OPEN | $10.66 | $13.5 | -21.06% |
Today vs. 1 year ago
| Amount | 13:43 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 OPEN | $0.005329 | $0.0001733 | +2913.10% |
| 1 OPEN | $0.01066 | $0.0003466 | +2913.10% |
| 5 OPEN | $0.05329 | $0.001733 | +2913.10% |
| 10 OPEN | $0.1066 | $0.003466 | +2913.10% |
| 50 OPEN | $0.5329 | $0.01733 | +2913.10% |
| 100 OPEN | $1.07 | $0.03466 | +2913.10% |
| 500 OPEN | $5.33 | $0.1733 | +2913.10% |
| 1000 OPEN | $10.66 | $0.3466 | +2913.10% |
Open Platform price prediction
What will the price of OPEN be in 2025?
Based on OPEN's historical price performance prediction model, the price of OPEN is projected to reach $0.01313 in 2025.
What will the price of OPEN be in 2030?
In 2030, the OPEN price is expected to change by -6.00%. By the end of 2030, the OPEN price is projected to reach $0.01958, with a cumulative ROI of +81.09%.
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Popular Open Platform conversions
Check out these popular currency conversions of Open Platform to several fiat currencies.
Open Platform to USD
1 OPEN to $ 0.01066 USD
Open Platform to GBP
1 OPEN to £ 0.008480 GBP
Open Platform to EUR
1 OPEN to € 0.01022 EUR
Open Platform to KRW
1 OPEN to ₩ 15.41 KRW
Open Platform to CAD
1 OPEN to $ 0.01530 CAD
Open Platform to AUD
1 OPEN to $ 0.01705 AUD
Open Platform to JPY
1 OPEN to ¥ 1.67 JPY
Open Platform to BRL
1 OPEN to R$ 0.06486 BRL
Open Platform to CNY
1 OPEN to ¥ 0.07777 CNY
Open Platform to TWD
1 OPEN to NT$ 0.3478 TWD
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1 SHOGGOTH to د.م. 0.4908 MAD
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1 HEX to د.م. 0.1585 MAD
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1 AGLD to د.م. 17.84 MAD
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1 HUNT to د.م. 3.76 MAD
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1 CHEX to د.م. 5.52 MAD
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1 XPR to د.م. 0.01453 MAD
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1 BORA to د.م. 1.46 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 Open Platform 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 Open Platform 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 Open Platform 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.
