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PENYS to Moroccan Dirham (PENYS to MAD)

PENYS to MAD Converter and calculator

PENYS/MAD: 1 PENYS = 0.005710 MAD. The price of converting 1 PENYS (PENYS) to Moroccan Dirham (MAD) is 0.005710 MAD today.
PENYS
MAD
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides PENYS to MAD real-time exchange rates, making it easy to convert PENYS (PENYS) to Moroccan Dirham (MAD). The conversion result is based on real-time data. The conversion result shows that 1 PENYS is currently valued at 0.005710 MAD. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 PENYS is currently valued at 0.005710 MAD, which means buying 5 PENYS would cost 0.02855 MAD. Similarly, د.م.1 MAD can be converted to 175.13 PENYS, and د.م.50 MAD can be converted to 875.64 PENYS, excluding any platform or gas fees.

Convert PENYS to MAD

Convert MAD to PENYS

PENYS
Moroccan Dirham
1 PENYS
0.005710  MAD
Exchange 1 PENYS for 0.005710 MAD
2 PENYS
0.01142  MAD
Exchange 2 PENYS for 0.01142 MAD
5 PENYS
0.02855  MAD
Exchange 5 PENYS for 0.02855 MAD
10 PENYS
0.05710  MAD
Exchange 10 PENYS for 0.05710 MAD
20 PENYS
0.1142  MAD
Exchange 20 PENYS for 0.1142 MAD
50 PENYS
0.2855  MAD
Exchange 50 PENYS for 0.2855 MAD
100 PENYS
0.5710  MAD
Exchange 100 PENYS for 0.5710 MAD
200 PENYS
1.14  MAD
Exchange 200 PENYS for 1.14 MAD
500 PENYS
2.86  MAD
Exchange 500 PENYS for 2.86 MAD
1000 PENYS
5.71  MAD
Exchange 1000 PENYS for 5.71 MAD
5000 PENYS
28.55  MAD
Exchange 5000 PENYS for 28.55 MAD
10000 PENYS
57.1  MAD
Exchange 10000 PENYS for 57.1 MAD
In the table above, you'll find a comprehensive PENYS to MAD converter that shows the value of PENYS in Moroccan Dirham across commonly used conversion amounts. The list covers conversions from 1 PENYS to MAD, all the way up to 10000 PENYS, providing a clear view of their respective values.
Moroccan Dirham
PENYS
1 MAD
175.13 PENYS
Exchange 1 MAD for 175.13 PENYS
10 MAD
1,751.28 PENYS
Exchange 10 MAD for 1,751.28 PENYS
50 MAD
8,756.42 PENYS
Exchange 50 MAD for 8,756.42 PENYS
100 MAD
17,512.84 PENYS
Exchange 100 MAD for 17,512.84 PENYS
200 MAD
35,025.68 PENYS
Exchange 200 MAD for 35,025.68 PENYS
500 MAD
87,564.21 PENYS
Exchange 500 MAD for 87,564.21 PENYS
1000 MAD
175,128.42 PENYS
Exchange 1000 MAD for 175,128.42 PENYS
2000 MAD
350,256.83 PENYS
Exchange 2000 MAD for 350,256.83 PENYS
5000 MAD
875,642.08 PENYS
Exchange 5000 MAD for 875,642.08 PENYS
10000 MAD
1,751,284.16 PENYS
Exchange 10000 MAD for 1,751,284.16 PENYS
50000 MAD
8,756,420.82 PENYS
Exchange 50000 MAD for 8,756,420.82 PENYS
100000 MAD
17,512,841.63 PENYS
Exchange 100000 MAD for 17,512,841.63 PENYS
In the table above, you'll find a comprehensive MAD to PENYS converter that shows the value of Moroccan Dirham in PENYS across commonly used conversion amounts. The list covers conversions from 1 MAD to PENYS, all the way up to 100000 MAD, providing a clear view of their respective values.

PENYS to MAD chart

PENYS/MAD: 1 PENYS = 0.005710 MAD; 2026/01/12 08:39:58
In the past 1D, PENYS has changed -0.75% to MAD. Based on the trend and price charts, PENYS(PENYS) has changed -0.75% to MAD while Moroccan Dirham(MAD) has changed % to PENYS in the last 24 hours.
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PENYS to MAD conversion data: Volatility and price changes of PENYS in MAD

The highest PENYS price in MAD over the past 7 days was -- MAD while the lowest PENYS price in MAD over the past 7 days was -- MAD. The relative change between the highs and lows in PENYS price in MAD over the last 7 days indicates a volatility of %. You can view additional volatility data and PENYS to MAD prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hours Last 7 days Last 30 days Last 90 days
High
0.03080 MAD
-- MAD
-- MAD
-- MAD
Low
0.004073 MAD
-- MAD
-- MAD
-- MAD
Average
0 MAD
0 MAD
0 MAD
0 MAD
Volatility
%
%
%
%
Change
-0.75%
--
--
--

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Buy PENYS (or USDT) for MAD (Moroccan Dirham) offers
Bitget P2P trading does not currently support direct buying of PENYS with MAD. However, you can buy USDT in Bitget P2P trading first, and then buy PENYS with USDT via Bitget spot market.
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PENYS information

PENYS to MAD market statistics

PENYS/MAD:
د.م.0.005710
PENYS 24h volume:
د.م.26,742,698.31
PENYS market cap:
د.م.94.43
PENYS circulating supply:
16.54K PENYS

Current PENYS to MAD exchange rate

PENYS to Moroccan Dirham is falling this week.
PENYS's current market price is د.م.0.005710 per PENYS, with a total market cap of د.م.94.43 MAD based on a circulating supply of 16,538.072 PENYS. The trading volume of PENYS has changed by --% (د.م.-- MAD) in the last 24 hours. Last trading day, PENYS's trading volume was د.م.--.

More info about PENYS 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 PENYS currency pair is the PENYS to MAD, with for PENYS's currency code being PENYS. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for MAD.

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How to convert PENYS to MAD

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PENYS to MAD Conversion tables

The exchange rate of PENYS is decreasing.
The exchange rate of 1 PENYS to Moroccan Dirham has changed by --% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.75%, reaching a high of 0.03080 MAD and a low of 0.004073 MAD . One month ago, the value of 1 PENYS was د.م.-- MAD , which represents a --% change from its current value. Over the last year, PENYS has changed by
-د.م.
--MAD
, resulting in a change of --% in its value.
24 hours ago1 month ago1 year ago
Amount 08:39 am today 24 hours ago 24h change
0.5 PENYS
د.م.0.002855د.م.--
-0.75%
1 PENYS
د.م.0.005710د.م.--
-0.75%
5 PENYS
د.م.0.02855د.م.--
-0.75%
10 PENYS
د.م.0.05710د.م.--
-0.75%
50 PENYS
د.م.0.2855د.م.--
-0.75%
100 PENYS
د.م.0.5710د.م.--
-0.75%
500 PENYS
د.م.2.86د.م.--
-0.75%
1000 PENYS
د.م.5.71د.م.--
-0.75%

PENYS to MAD FAQ

How much is 1 PENYS in MAD?
Right now, the price of 1 PENYS (PENYS) in Moroccan Dirham (MAD) is د.م.0.005710.
How much PENYS can I buy for 1 MAD?
Based on the current exchange rate, you can get 175.13 PENYS for 1 MAD.
How do I calculate or convert PENYS to MAD?
You can use our PENYS to MAD calculator at the top of this page to convert any amount of PENYS to MAD. We've also included quick-reference tables for the most popular conversions. For example, 5 MAD is equivalent to 875.64 PENYS, while 5 PENYS will cost around 0.02855MAD.
What is the highest price of PENYS/MAD in history?
The all-time high price of 1 PENYS in MAD is --. It remains to be seen if the value of 1 PENYS/MAD will exceed the current all-time high.
What is the price trend of PENYS in MAD?
Over the past 7 days, the exchange rate of PENYS (PENYS) has gone down by --.   Over the last month, the exchange rate of PENYS (PENYS) has gone down by -- against Moroccan Dirham (MAD).

What factors influence the conversion rate of PENYS to MAD?

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

Popular exchange rates — Crypto-to-Fiat converter

Bitget crypto-to-fiat exchange data shows the popular PENYS currency pairs: PENYS to US Dollar (USD), PENYS to Euro (EUR), PENYS to Pound Sterling (GBP), PENYS to Canadian Dollar (CAD), PENYS to Indian Rupee (INR), PENYS to Pakistani Rupee (PKR), PENYS to Brazilian Real (BRL), PENYS to…
The price of PENYS in the US is $0.0006189 USD. Additionally, PENYS’s price is €0.0005296 EUR in the eurozone, £0.0004603 GBP in the UK, C$0.0008588 CAD in Canada, ₹0.05583 INR in India, ₨0.1731 PKR in Pakistan, R$0.003323 BRL in Brazil, and more.
The most popular PENYS currency pair is the PENYS to Moroccan Dirham(MAD). The price of 1 PENYS (PENYS) in Moroccan Dirham (MAD) is د.م.0.005710.

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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.
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