FTS to MAD Converter and calculator


Conversion rates
Convert FTS to MAD
Convert MAD to FTS
FTS to MAD chart
FTS to MAD conversion data: Volatility and price changes of FINANCIAL TRANSACTION SYSTEM in MAD
Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
---|---|---|---|---|
High | 0.01981 MAD | 0.03046 MAD | 0.04530 MAD | 0.05066 MAD |
Low | 0.01980 MAD | 0.01980 MAD | 0.01797 MAD | 0.01797 MAD |
Average | 0 MAD | 0 MAD | 0 MAD | 0 MAD |
Volatility | % | % | % | % |
Change | -0.02% | -35.46% | -56.25% | -60.80% |
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FINANCIAL TRANSACTION SYSTEM information
FTS to MAD market statistics
Current FTS to MAD exchange rate
FINANCIAL TRANSACTION SYSTEM to Moroccan Dirham is falling this week.More info about FINANCIAL TRANSACTION SYSTEM 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.
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FTS to MAD Conversion tables
Amount | 15:41 today | 24 hours ago | 24h change |
---|---|---|---|
0.5 FTS | د.م.0.009902 | د.م.0.009904 | -0.02% |
1 FTS | د.م.0.01980 | د.م.0.01981 | -0.02% |
5 FTS | د.م.0.09902 | د.م.0.09904 | -0.02% |
10 FTS | د.م.0.1980 | د.م.0.1981 | -0.02% |
50 FTS | د.م.0.9902 | د.م.0.9904 | -0.02% |
100 FTS | د.م.1.98 | د.م.1.98 | -0.02% |
500 FTS | د.م.9.9 | د.م.9.9 | -0.02% |
1000 FTS | د.م.19.8 | د.م.19.81 | -0.02% |
FTS to MAD FAQ
What factors influence the conversion rate of FTS to MAD?
Popular exchange rates — Crypto-to-Fiat converter
The price of FINANCIAL TRANSACTION SYSTEM in the US is $0.002206 USD. Additionally, FINANCIAL TRANSACTION SYSTEM’s price is €0.001868 EUR in the eurozone, £0.001617 GBP in the UK, C$0.003035 CAD in Canada, ₹0.1942 INR in India, ₨0.6262 PKR in Pakistan, R$0.01172 BRL in Brazil, and more.
The most popular FINANCIAL TRANSACTION SYSTEM currency pair is the FTS to Moroccan Dirham(MAD). The price of 1 FINANCIAL TRANSACTION SYSTEM (FTS) in Moroccan Dirham (MAD) is د.م.0.01980.
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