IBS to MAD Converter and calculator


Conversion rates
Convert IBS to MAD
Convert MAD to IBS
IBS to MAD chart
IBS to MAD conversion data: Volatility and price changes of IBStoken in MAD
Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
---|---|---|---|---|
High | 0.007202 MAD | 0.007263 MAD | 0.007356 MAD | 0.007538 MAD |
Low | 0.007155 MAD | 0.007146 MAD | 0.005421 MAD | 0.005421 MAD |
Average | 0 MAD | 0 MAD | 0 MAD | 0 MAD |
Volatility | % | % | % | % |
Change | +0.61% | -0.79% | -0.61% | -3.11% |
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Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
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IBStoken information
IBS to MAD market statistics
Current IBS to MAD exchange rate
IBStoken to Moroccan Dirham is falling this week.More info about IBStoken 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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IBS to MAD Conversion tables
Amount | 22:15 today | 24 hours ago | 24h change |
---|---|---|---|
0.5 IBS | د.م.0.003599 | د.م.0.003577 | +0.61% |
1 IBS | د.م.0.007198 | د.م.0.007154 | +0.61% |
5 IBS | د.م.0.03599 | د.م.0.03577 | +0.61% |
10 IBS | د.م.0.07198 | د.م.0.07154 | +0.61% |
50 IBS | د.م.0.3599 | د.م.0.3577 | +0.61% |
100 IBS | د.م.0.7198 | د.م.0.7154 | +0.61% |
500 IBS | د.م.3.6 | د.م.3.58 | +0.61% |
1000 IBS | د.م.7.2 | د.م.7.15 | +0.61% |
IBS to MAD FAQ
What factors influence the conversion rate of IBS to MAD?
Popular exchange rates — Crypto-to-Fiat converter
The price of IBStoken in the US is $0.0007919 USD. Additionally, IBStoken’s price is €0.0006756 EUR in the eurozone, £0.0005861 GBP in the UK, C$0.001097 CAD in Canada, ₹0.06981 INR in India, ₨0.2248 PKR in Pakistan, R$0.004284 BRL in Brazil, and more.
The most popular IBStoken currency pair is the IBS to Moroccan Dirham(MAD). The price of 1 IBStoken (IBS) in Moroccan Dirham (MAD) is د.م.0.007198.
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