BIOFI
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 Biometric Financial(BIOFI) to Moroccan Dirham(MAD). This is the real-time data. The current conversion shows 1 BIOFI at a value of 1 BIOFI for 0.01 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 Biometric Financial currency pair is the BIOFI to MAD, with for Biometric Financial's currency code being BIOFI. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for MAD.
BIOFI to MAD conversion rate trend
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In the past 1D, Biometric Financial has changed +5.48% to MAD. Based on the trend and price charts, Biometric Financial(BIOFI) has changed +5.48% to MAD while Moroccan Dirham(MAD) has changed % to BIOFI in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | د.م.0.005002 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/11/26 08:31:12(UTC+0)
How to buy Biometric Financial
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Verify your identity by entering your personal information and uploading a valid photo ID.
Buy Biometric Financial (BIOFI)
Use a variety of payment options to buy Biometric Financial on Bitget. We'll show you how.
Buy BIOFI (or USDT) for MAD (Moroccan Dirham) offers
Bitget P2P trading does not currently support direct buying of BIOFI with MAD. However, you can buy USDT in Bitget P2P trading first, and then buy BIOFI with USDT via Bitget spot market.
| Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
|---|
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Sell BIOFI (or USDT) for MAD (Moroccan Dirham) offers
Bitget P2P trading currently does not support direct selling of BIOFI to MAD. However, you can first exchange BIOFI for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
| Merchants (trades/completion rate) | Price | Amount/limit High to low | Payment methods | Zero fees Action |
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What factors influence the conversion rate of Biometric Financial to Moroccan Dirham?
Biometric Financial to Moroccan Dirham is rising this week.Biometric Financial's current market price is د.م. 0.005021 per BIOFI, with a total market cap of د.م. 9,795,478.77 MAD based on a circulating supply of 1,950,864,000 BIOFI. The trading volume of Biometric Financial has changed by +133.65% (د.م. 342,306.54 MAD) in the last 24 hours. Last trading day, BIOFI's trading volume was د.م. 256,112.42.
Market cap
$976.28K
24h volume
$59.64K
Circulating supply
1.95B BIOFI
Conversion tables
The exchange rate of Biometric Financial is increasing.1 BIOFI is currently valued at د.م. 0.005021 MAD , which means buying 5 BIOFI will cost د.م. 0.02511 MAD . Similarly, د.م.1 MAD can be traded for 199.16 BIOFI, and د.م.50 MAD can be converted to 9,957.98 BIOFI, excluding any platform or gas fees.
The exchange rate of 1 BIOFI to Moroccan Dirham has changed by +9.38% in the last 7 days. In the last 24 hours, the rate has fluctuated by +5.48%, reaching a high of 0.005732 MAD and a low of 0.004509 MAD . One month ago, the value of 1 BIOFI was د.م. 0.003714 MAD , which represents a +35.19% change from its current value. Over the last year, Biometric Financial has changed by , resulting in a change of -28.14% in its value.
-د.م.
0.001966MADBIOFI to MAD
Amount
10:06 am today
0.5 BIOFI
د.م.0.002511
1 BIOFI
د.م.0.005021
5 BIOFI
د.م.0.02511
10 BIOFI
د.م.0.05021
50 BIOFI
د.م.0.2511
100 BIOFI
د.م.0.5021
500 BIOFI
د.م.2.51
1000 BIOFI
د.م.5.02
MAD to BIOFI
Amount10:06 am today
0.5MAD99.58 BIOFI
1MAD199.16 BIOFI
5MAD995.8 BIOFI
10MAD1,991.6 BIOFI
50MAD9,957.98 BIOFI
100MAD19,915.96 BIOFI
500MAD99,579.82 BIOFI
1000MAD199,159.65 BIOFI
Today vs. 24 hours ago
| Amount | 10:06 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 BIOFI | $0.0002502 | $0.0002372 | +5.48% |
| 1 BIOFI | $0.0005004 | $0.0004745 | +5.48% |
| 5 BIOFI | $0.002502 | $0.002372 | +5.48% |
| 10 BIOFI | $0.005004 | $0.004745 | +5.48% |
| 50 BIOFI | $0.02502 | $0.02372 | +5.48% |
| 100 BIOFI | $0.05004 | $0.04745 | +5.48% |
| 500 BIOFI | $0.2502 | $0.2372 | +5.48% |
| 1000 BIOFI | $0.5004 | $0.4745 | +5.48% |
Today vs. 1 month ago
| Amount | 10:06 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 BIOFI | $0.0002502 | $0.0001851 | +35.19% |
| 1 BIOFI | $0.0005004 | $0.0003702 | +35.19% |
| 5 BIOFI | $0.002502 | $0.001851 | +35.19% |
| 10 BIOFI | $0.005004 | $0.003702 | +35.19% |
| 50 BIOFI | $0.02502 | $0.01851 | +35.19% |
| 100 BIOFI | $0.05004 | $0.03702 | +35.19% |
| 500 BIOFI | $0.2502 | $0.1851 | +35.19% |
| 1000 BIOFI | $0.5004 | $0.3702 | +35.19% |
Today vs. 1 year ago
| Amount | 10:06 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 BIOFI | $0.0002502 | $0.0003482 | -28.14% |
| 1 BIOFI | $0.0005004 | $0.0006964 | -28.14% |
| 5 BIOFI | $0.002502 | $0.003482 | -28.14% |
| 10 BIOFI | $0.005004 | $0.006964 | -28.14% |
| 50 BIOFI | $0.02502 | $0.03482 | -28.14% |
| 100 BIOFI | $0.05004 | $0.06964 | -28.14% |
| 500 BIOFI | $0.2502 | $0.3482 | -28.14% |
| 1000 BIOFI | $0.5004 | $0.6964 | -28.14% |
Biometric Financial price prediction
What will the price of BIOFI be in 2025?
Based on BIOFI's historical price performance prediction model, the price of BIOFI is projected to reach $0.0006985 in 2025.
What will the price of BIOFI be in 2030?
In 2030, the BIOFI price is expected to change by -1.00%. By the end of 2030, the BIOFI price is projected to reach $0.001420, with a cumulative ROI of +201.32%.
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Popular Biometric Financial conversions
Check out these popular currency conversions of Biometric Financial to several fiat currencies.
Biometric Financial to USD
1 BIOFI to $ 0.0005004 USD
Biometric Financial to GBP
1 BIOFI to £ 0.0003988 GBP
Biometric Financial to EUR
1 BIOFI to € 0.0004777 EUR
Biometric Financial to KRW
1 BIOFI to ₩ 0.7011 KRW
Biometric Financial to CAD
1 BIOFI to $ 0.0007064 CAD
Biometric Financial to AUD
1 BIOFI to $ 0.0007718 AUD
Biometric Financial to JPY
1 BIOFI to ¥ 0.07709 JPY
Biometric Financial to BRL
1 BIOFI to R$ 0.002902 BRL
Biometric Financial to CNY
1 BIOFI to ¥ 0.003631 CNY
Biometric Financial to TWD
1 BIOFI to NT$ 0.01626 TWD
Popular cryptocurrencies to MAD
Explore other cryptocurrencies based on your interest in Biometric Financial.
MAD to MAD
1 MAD to د.م. 0.0003643 MAD
Harold to MAD
1 HAROLD to د.م. 0.02825 MAD
Bitcoin to MAD
1 BTC to د.م. 938,536.5 MAD
GT Protocol to MAD
1 GTAI to د.م. -- MAD
Stellar to MAD
1 XLM to د.م. 4.57 MAD
XRP to MAD
1 XRP to د.م. 13.79 MAD
Solana to MAD
1 SOL to د.م. 2,348.65 MAD
Dogecoin to MAD
1 DOGE to د.م. 3.92 MAD
Ethereum to MAD
1 ETH to د.م. 33,624.62 MAD
Pepe to MAD
1 PEPE to د.م. 0.0001871 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 Biometric Financial 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 Biometric Financial 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 Biometric Financial 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.
