Bitget: Ranked top 4 in global daily trading volume!
BTC market share62.04%
New listings on Bitget: Pi Network
BTC/USDT$83980.02 (+0.59%)Fear and Greed Index28(Fear)
Altcoin season index:0(Bitcoin season)
Coins listed in Pre-MarketPAWS,WCTTotal spot Bitcoin ETF netflow -$99.8M (1D); -$14.7M (7D).Welcome gift package for new users worth 6200 USDT.Claim now
Trade anytime, anywhere with the Bitget app. Download now
Bitget: Ranked top 4 in global daily trading volume!
BTC market share62.04%
New listings on Bitget: Pi Network
BTC/USDT$83980.02 (+0.59%)Fear and Greed Index28(Fear)
Altcoin season index:0(Bitcoin season)
Coins listed in Pre-MarketPAWS,WCTTotal spot Bitcoin ETF netflow -$99.8M (1D); -$14.7M (7D).Welcome gift package for new users worth 6200 USDT.Claim now
Trade anytime, anywhere with the Bitget app. Download now
Bitget: Ranked top 4 in global daily trading volume!
BTC market share62.04%
New listings on Bitget: Pi Network
BTC/USDT$83980.02 (+0.59%)Fear and Greed Index28(Fear)
Altcoin season index:0(Bitcoin season)
Coins listed in Pre-MarketPAWS,WCTTotal spot Bitcoin ETF netflow -$99.8M (1D); -$14.7M (7D).Welcome gift package for new users worth 6200 USDT.Claim now
Trade anytime, anywhere with the Bitget app. Download now
MIC
MAD
Last updated as of 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 Magic Internet Cash(MIC) to Moroccan Dirham(MAD). This is the real-time data. The current conversion shows 1 MIC at a value of 1 MIC for 0.00 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 Magic Internet Cash currency pair is the MIC to MAD, with for Magic Internet Cash's currency code being MIC. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for MAD.
MIC to MAD conversion rate trend
1D7D1M3M1YAll
In the past 1D, Magic Internet Cash has changed -13.28% to MAD. Based on the trend and price charts, Magic Internet Cash(MIC) has changed -13.28% to MAD while Moroccan Dirham(MAD) has changed % to MIC in the last 24 hours.
MIC to MAD market statistics
MIC/MAD:
د.م. 0.0008518
MIC 24h volume:
--
MIC market cap:
--
MIC circulating supply:
0 MIC
More info about Magic Internet Cash on Bitget
Current MIC to MAD exchange rate
Magic Internet Cash to Moroccan Dirham is falling this week.Magic Internet Cash's current market price is د.م. 0.0008518 per MIC, with a total market cap of د.م. 0 MAD based on a circulating supply of -- MIC. The trading volume of Magic Internet Cash has changed by 0.00% (د.م. 0 MAD) in the last 24 hours. Last trading day, MIC's trading volume was د.م. 0.
MIC to MAD Conversion tables
The exchange rate of Magic Internet Cash is decreasing.1 MIC is currently valued at د.م. 0.0008518 MAD , which means buying 5 MIC will cost د.م. 0.004259 MAD . Similarly, د.م.1 MAD can be traded for 1,173.93 MIC, and د.م.50 MAD can be converted to 58,696.51 MIC, excluding any platform or gas fees.
The exchange rate of 1 MIC to Moroccan Dirham has changed by -12.86% in the last 7 days. In the last 24 hours, the rate has fluctuated by -13.28%, reaching a high of 0.001112 MAD and a low of 0.0009644 MAD . One month ago, the value of 1 MIC was د.م. 0.001874 MAD , which represents a -51.44% change from its current value. Over the last year, Magic Internet Cash has changed by , resulting in a change of -86.61% in its value.
-د.م.
0.006240MADMIC to MAD
Amount
07:59 am today
0.5 MIC
د.م.0.0004259
1 MIC
د.م.0.0008518
5 MIC
د.م.0.004259
10 MIC
د.م.0.008518
50 MIC
د.م.0.04259
100 MIC
د.م.0.08518
500 MIC
د.م.0.4259
1000 MIC
د.م.0.8518
MAD to MIC
Amount07:59 am today
0.5MAD586.97 MIC
1MAD1,173.93 MIC
5MAD5,869.65 MIC
10MAD11,739.3 MIC
50MAD58,696.51 MIC
100MAD117,393.02 MIC
500MAD586,965.1 MIC
1000MAD1,173,930.21 MIC
MIC to MAD Today vs. 24 hours ago
| Amount | 07:59 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 MIC | د.م.0.0004259 | د.م.0.0004998 | -13.28% |
| 1 MIC | د.م.0.0008518 | د.م.0.0009996 | -13.28% |
| 5 MIC | د.م.0.004259 | د.م.0.004998 | -13.28% |
| 10 MIC | د.م.0.008518 | د.م.0.009996 | -13.28% |
| 50 MIC | د.م.0.04259 | د.م.0.04998 | -13.28% |
| 100 MIC | د.م.0.08518 | د.م.0.09996 | -13.28% |
| 500 MIC | د.م.0.4259 | د.م.0.4998 | -13.28% |
| 1000 MIC | د.م.0.8518 | د.م.0.9996 | -13.28% |
MIC to MAD Today vs. 1 month ago
| Amount | 07:59 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 MIC | د.م.0.0004259 | د.م.0.0009368 | -51.44% |
| 1 MIC | د.م.0.0008518 | د.م.0.001874 | -51.44% |
| 5 MIC | د.م.0.004259 | د.م.0.009368 | -51.44% |
| 10 MIC | د.م.0.008518 | د.م.0.01874 | -51.44% |
| 50 MIC | د.م.0.04259 | د.م.0.09368 | -51.44% |
| 100 MIC | د.م.0.08518 | د.م.0.1874 | -51.44% |
| 500 MIC | د.م.0.4259 | د.م.0.9368 | -51.44% |
| 1000 MIC | د.م.0.8518 | د.م.1.87 | -51.44% |
MIC to MAD Today vs. 1 year ago
| Amount | 07:59 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 MIC | د.م.0.0004259 | د.م.0.003546 | -86.61% |
| 1 MIC | د.م.0.0008518 | د.م.0.007092 | -86.61% |
| 5 MIC | د.م.0.004259 | د.م.0.03546 | -86.61% |
| 10 MIC | د.م.0.008518 | د.م.0.07092 | -86.61% |
| 50 MIC | د.م.0.04259 | د.م.0.3546 | -86.61% |
| 100 MIC | د.م.0.08518 | د.م.0.7092 | -86.61% |
| 500 MIC | د.م.0.4259 | د.م.3.55 | -86.61% |
| 1000 MIC | د.م.0.8518 | د.م.7.09 | -86.61% |
How to convert MIC to MAD
Create Your Free Bitget Account
Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
Verify Your Account
Verify your identity by entering your personal information and uploading a valid photo ID.
Convert MIC to MAD
Use a variety of payment options to buy Magic Internet Cash on Bitget. We'll show you how.
Buy MIC (or USDT) for MAD (Moroccan Dirham) offers
Bitget P2P trading does not currently support direct buying of MIC with MAD. However, you can buy USDT in Bitget P2P trading first, and then buy MIC with USDT via Bitget spot market.
| Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
|---|
No matching ads found.
Sell MIC (or USDT) for MAD (Moroccan Dirham) offers
Bitget P2P trading currently does not support direct selling of MIC to MAD. However, you can first exchange MIC 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 |
|---|
No matching ads found.
What factors influence the conversion rate of MIC to MAD?
There are many factors that affect the relationship between Magic Internet Cash 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 MIC/MAD. When there is positive news in the market about the widespread adoption of MIC or major technological breakthroughs, it tends to trigger market optimism and drive the rise of MIC/MAD. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in MIC/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.
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 MIC/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 Magic Internet Cash and adjust their investment strategies accordingly in the evolving market.
Magic Internet Cash price prediction
What will the price of MIC be in 2026?
Based on MIC's historical price performance prediction model, the price of MIC is projected to reach $0.0001064 in 2026.
What will the price of MIC be in 2031?
In 2031, the MIC price is expected to change by +35.00%. By the end of 2031, the MIC price is projected to reach $0.0002050, with a cumulative ROI of +128.96%.
Other crypto price predictions
Bitcoin(BTC)Price predictions
Ethereum(ETH)Price predictions
Celestia(TIA)Price predictions
Solana(SOL)Price predictions
Worldcoin(WLD)Price predictions
Bittensor(TAO)Price predictions
Dogecoin(DOGE)Price predictions
PepeCoin(PEPECOIN)Price predictions
Pandora(PANDORA)Price predictions
ORDI(ORDI)Price predictions
Bitget Earn
A safe, convenient, and professional platform to maximize your crypto asset profits.
Coin
APR
Action
Purchase other cryptocurrencies with similar market cap
Popular Magic Internet Cash Converter
Check out these popular currency conversions of Magic Internet Cash to several fiat currencies.
MIC to TWD
1 MIC to NT$ 0.002944 TWD
MIC to MAD
1 MIC to د.م. 0.0008518 MAD
MIC to CNY
1 MIC to ¥ 0.0006514 CNY
MIC to USD
1 MIC to $ 0.{4}8956 USD
MIC to EUR
1 MIC to € 0.{4}8071 EUR
MIC to CAD
1 MIC to $ 0.0001262 CAD
MIC to KRW
1 MIC to ₩ 0.1287 KRW
MIC to JPY
1 MIC to ¥ 0.01302 JPY
MIC to GBP
1 MIC to £ 0.{4}6834 GBP
MIC to BRL
1 MIC to R$ 0.0005045 BRL
Popular cryptocurrencies to MAD
Explore other cryptocurrencies based on your interest in Magic Internet Cash.
DGB to MAD
1 DGB to د.م. 0.1027 MAD
ATOM to MAD
1 ATOM to د.م. 45.63 MAD
FUN to MAD
1 FUN to د.م. 0.05058 MAD
AMP to MAD
1 AMP to د.م. 0.03499 MAD
USUAL to MAD
1 USUAL to د.م. 1.34 MAD
BSW to MAD
1 BSW to د.م. 0.1696 MAD
PI to MAD
1 PI to د.م. 5.23 MAD
RARE to MAD
1 RARE to د.م. 0.7335 MAD
STO to MAD
1 STO to د.م. 0.6521 MAD
MBOX to MAD
1 MBOX to د.م. 0.5005 MAD
Discover more cryptocurrencies
Here are the top 20 cryptocurrencies by market cap.
Latest coin listings on Bitget
New listings
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 Magic Internet Cash 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 Magic Internet Cash 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 Magic Internet Cash 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.
