RAKE
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 Rake Coin(RAKE) to Moroccan Dirham(MAD). This is the real-time data. The current conversion shows 1 RAKE at a value of 1 RAKE for 0.00 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 Rake Coin currency pair is the RAKE to MAD, with for Rake Coin's currency code being RAKE. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for MAD.
RAKE to MAD conversion rate trend
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In the past 1D, Rake Coin has changed -0.83% to MAD. Based on the trend and price charts, Rake Coin(RAKE) has changed -0.83% to MAD while Moroccan Dirham(MAD) has changed % to RAKE in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | د.م.0.002173 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/12/31 08:30:39(UTC+0)
How to buy Rake Coin
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Buy Rake Coin (RAKE)
Use a variety of payment options to buy Rake Coin on Bitget. We'll show you how.
Buy RAKE (or USDT) for MAD (Moroccan Dirham) offers
Bitget P2P trading does not currently support direct buying of RAKE with MAD. However, you can buy USDT in Bitget P2P trading first, and then buy RAKE with USDT via Bitget spot market.
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Sell RAKE (or USDT) for MAD (Moroccan Dirham) offers
Bitget P2P trading currently does not support direct selling of RAKE to MAD. However, you can first exchange RAKE for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
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What factors influence the conversion rate of Rake Coin to Moroccan Dirham?
Rake Coin to Moroccan Dirham is falling this week.Rake Coin's current market price is د.م. 0.002220 per RAKE, with a total market cap of د.م. 153,832,988.57 MAD based on a circulating supply of 69,285,980,000 RAKE. The trading volume of Rake Coin has changed by -20.48% (د.م. -567,944.32 MAD) in the last 24 hours. Last trading day, RAKE's trading volume was د.م. 2,772,813.63.
Market cap
$15.18M
24h volume
$217.64K
Circulating supply
69.29B RAKE
Conversion tables
The exchange rate of Rake Coin is decreasing.1 RAKE is currently valued at د.م. 0.002220 MAD , which means buying 5 RAKE will cost د.م. 0.01110 MAD . Similarly, د.م.1 MAD can be traded for 450.4 RAKE, and د.م.50 MAD can be converted to 22,519.87 RAKE, excluding any platform or gas fees.
The exchange rate of 1 RAKE to Moroccan Dirham has changed by -8.27% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.83%, reaching a high of 0.002241 MAD and a low of 0.002103 MAD . One month ago, the value of 1 RAKE was د.م. 0.002779 MAD , which represents a -20.13% change from its current value. Over the last year, Rake Coin has changed by , resulting in a change of +57.10% in its value.
+د.م.
0.0008058MADRAKE to MAD
Amount
09:27 am today
0.5 RAKE
د.م.0.001110
1 RAKE
د.م.0.002220
5 RAKE
د.م.0.01110
10 RAKE
د.م.0.02220
50 RAKE
د.م.0.1110
100 RAKE
د.م.0.2220
500 RAKE
د.م.1.11
1000 RAKE
د.م.2.22
MAD to RAKE
Amount09:27 am today
0.5MAD225.2 RAKE
1MAD450.4 RAKE
5MAD2,251.99 RAKE
10MAD4,503.97 RAKE
50MAD22,519.87 RAKE
100MAD45,039.74 RAKE
500MAD225,198.72 RAKE
1000MAD450,397.44 RAKE
Today vs. 24 hours ago
| Amount | 09:27 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 RAKE | $0.0001096 | $0.0001105 | -0.83% |
| 1 RAKE | $0.0002192 | $0.0002210 | -0.83% |
| 5 RAKE | $0.001096 | $0.001105 | -0.83% |
| 10 RAKE | $0.002192 | $0.002210 | -0.83% |
| 50 RAKE | $0.01096 | $0.01105 | -0.83% |
| 100 RAKE | $0.02192 | $0.02210 | -0.83% |
| 500 RAKE | $0.1096 | $0.1105 | -0.83% |
| 1000 RAKE | $0.2192 | $0.2210 | -0.83% |
Today vs. 1 month ago
| Amount | 09:27 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 RAKE | $0.0001096 | $0.0001372 | -20.13% |
| 1 RAKE | $0.0002192 | $0.0002743 | -20.13% |
| 5 RAKE | $0.001096 | $0.001372 | -20.13% |
| 10 RAKE | $0.002192 | $0.002743 | -20.13% |
| 50 RAKE | $0.01096 | $0.01372 | -20.13% |
| 100 RAKE | $0.02192 | $0.02743 | -20.13% |
| 500 RAKE | $0.1096 | $0.1372 | -20.13% |
| 1000 RAKE | $0.2192 | $0.2743 | -20.13% |
Today vs. 1 year ago
| Amount | 09:27 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 RAKE | $0.0001096 | $0.{4}6981 | +57.10% |
| 1 RAKE | $0.0002192 | $0.0001396 | +57.10% |
| 5 RAKE | $0.001096 | $0.0006981 | +57.10% |
| 10 RAKE | $0.002192 | $0.001396 | +57.10% |
| 50 RAKE | $0.01096 | $0.006981 | +57.10% |
| 100 RAKE | $0.02192 | $0.01396 | +57.10% |
| 500 RAKE | $0.1096 | $0.06981 | +57.10% |
| 1000 RAKE | $0.2192 | $0.1396 | +57.10% |
Rake Coin price prediction
What will the price of RAKE be in 2025?
Based on RAKE's historical price performance prediction model, the price of RAKE is projected to reach $0.0002704 in 2025.
What will the price of RAKE be in 2030?
In 2030, the RAKE price is expected to change by -20.00%. By the end of 2030, the RAKE price is projected to reach $0.0003171, with a cumulative ROI of +45.31%.
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Popular Rake Coin conversions
Check out these popular currency conversions of Rake Coin to several fiat currencies.
Rake Coin to USD
1 RAKE to $ 0.0002192 USD
Rake Coin to GBP
1 RAKE to £ 0.0001746 GBP
Rake Coin to EUR
1 RAKE to € 0.0002106 EUR
Rake Coin to KRW
1 RAKE to ₩ 0.3227 KRW
Rake Coin to CAD
1 RAKE to $ 0.0003147 CAD
Rake Coin to AUD
1 RAKE to $ 0.0003525 AUD
Rake Coin to JPY
1 RAKE to ¥ 0.03425 JPY
Rake Coin to BRL
1 RAKE to R$ 0.001354 BRL
Rake Coin to CNY
1 RAKE to ¥ 0.001602 CNY
Rake Coin to TWD
1 RAKE to NT$ 0.007191 TWD
Popular cryptocurrencies to MAD
Explore other cryptocurrencies based on your interest in Rake Coin.
Bitcoin to MAD
1 BTC to د.م. 951,536.88 MAD
Ethereum to MAD
1 ETH to د.م. 34,283.91 MAD
XRP to MAD
1 XRP to د.م. 21 MAD
Solana to MAD
1 SOL to د.م. 1,952.88 MAD
Sui to MAD
1 SUI to د.م. 43.41 MAD
Dogecoin to MAD
1 DOGE to د.م. 3.22 MAD
Pepe to MAD
1 PEPE to د.م. 0.0002023 MAD
Mines of Dalarnia to MAD
1 DAR to د.م. 1.92 MAD
Solar to MAD
1 SXP to د.م. 3.45 MAD
Aave to MAD
1 AAVE to د.م. 3,200 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 Rake Coin 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 Rake Coin 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 Rake Coin 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.
