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base info Ethena

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ENA
ENA
swap
MAD
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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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1D7D1M3M1YAll
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calculator.compare.exchangecalculator.compare.pricecalculator.compare.maker_feecalculator.compare.tradable
Bitgethot-iconcalculator.compare.best
د.م.3.65
0.0200% / 0.0320%vip-iconcalculator.compare.vip
Binance
د.م.3.57
0.1000% / 0.1000%
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Huobi
د.م.3.57
0.1000% / 0.1000%
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Gate.io
د.م.3.57
0.1000% / 0.1000%
calculator.compare.yes
Bybit
د.م.3.57
0.1000% / 0.1000%
calculator.compare.yes
KuCoin
د.م.3.56
0.1000% / 0.1000%
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Bitfinex
د.م.3.64
0.1000% / 0.1000%
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$1.02B
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$149.69M
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2.75B ENA

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0.5 ENA
د.م.1.82
1 ENA
د.م.3.64
5 ENA
د.م.18.19
10 ENA
د.م.36.37
50 ENA
د.م.181.86
100 ENA
د.م.363.72
500 ENA
د.م.1,818.61
1000 ENA
د.م.3,637.22

coin.current_to_local

coin.amountcalculator.detail.time_
0.5MAD0.1375  ENA
1MAD0.2749  ENA
5MAD1.37  ENA
10MAD2.75  ENA
50MAD13.75  ENA
100MAD27.49  ENA
500MAD137.47  ENA
1000MAD274.94  ENA

calculator.detail.price_24

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0.5 ENA$0.1850$0.1785
+3.67%
1 ENA$0.3701$0.3570
+3.67%
5 ENA$1.85$1.78
+3.67%
10 ENA$3.7$3.57
+3.67%
50 ENA$18.5$17.85
+3.67%
100 ENA$37.01$35.7
+3.67%
500 ENA$185.03$178.49
+3.67%
1000 ENA$370.06$356.98
+3.67%

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0.5 ENA$0.1850$0.1784
+3.73%
1 ENA$0.3701$0.3567
+3.73%
5 ENA$1.85$1.78
+3.73%
10 ENA$3.7$3.57
+3.73%
50 ENA$18.5$17.84
+3.73%
100 ENA$37.01$35.67
+3.73%
500 ENA$185.03$178.37
+3.73%
1000 ENA$370.06$356.74
+3.73%

calculator.detail.price_year

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0.5 ENA$0.1850$-0.0001837
-46.56%
1 ENA$0.3701$-0.0003674
-46.56%
5 ENA$1.85$-0.001837
-46.56%
10 ENA$3.7$-0.003674
-46.56%
50 ENA$18.5$-0.01837
-46.56%
100 ENA$37.01$-0.03674
-46.56%
500 ENA$185.03$-0.1837
-46.56%
1000 ENA$370.06$-0.3674
-46.56%

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