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OVATO to MAD Converter and calculator

OVATO/MAD: 1 OVATO = 5.5 MAD. The price of converting 1 Ovato (OVATO) to Moroccan Dirham (MAD) is 5.5 MAD today.
OVATO
OVATO
MAD
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides OVATO to MAD real-time exchange rates, making it easy to convert Ovato (OVATO) to Moroccan Dirham (MAD). The conversion result is based on real-time data. The conversion result shows that 1 OVATO is currently valued at 5.50 MAD. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 OVATO is currently valued at 5.50 MAD, which means buying 5 OVATO would cost 27.51 MAD. Similarly, د.م.1 MAD can be converted to 0.1817 OVATO, and د.م.50 MAD can be converted to 0.9087 OVATO, excluding any platform or gas fees.

Convert OVATO to MAD

Convert MAD to OVATO

Ovato
Moroccan Dirham
100 OVATO
550.24  MAD
200 OVATO
1,100.48  MAD
500 OVATO
2,751.21  MAD
1000 OVATO
5,502.42  MAD
5000 OVATO
27,512.1  MAD
10000 OVATO
55,024.19  MAD
In the table above, you'll find a comprehensive OVATO to MAD converter that shows the value of Ovato in Moroccan Dirham across commonly used conversion amounts. The list covers conversions from 1 OVATO to MAD, all the way up to 10000 OVATO, providing a clear view of their respective values.
Moroccan Dirham
Ovato
10000 MAD
1,817.38 OVATO
50000 MAD
9,086.91 OVATO
100000 MAD
18,173.82 OVATO
In the table above, you'll find a comprehensive MAD to OVATO converter that shows the value of Moroccan Dirham in Ovato across commonly used conversion amounts. The list covers conversions from 1 MAD to OVATO, all the way up to 100000 MAD, providing a clear view of their respective values.

OVATO to MAD chart

OVATO/MAD: 1 OVATO = 5.5 MAD; 2025/05/01 18:29:56
In the past 1D, Ovato has changed +0.76% to MAD. Based on the trend and price charts, Ovato(OVATO) has changed +0.76% to MAD while Moroccan Dirham(MAD) has changed % to OVATO in the last 24 hours.
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OVATO to MAD conversion data: Volatility and price changes of Ovato in MAD

The highest Ovato price in MAD over the past 7 days was 5.59 MAD while the lowest Ovato price in MAD over the past 7 days was 5.38 MAD. The relative change between the highs and lows in Ovato price in MAD over the last 7 days indicates a volatility of %. You can view additional volatility data and OVATO to MAD prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hoursLast 7 daysLast 30 daysLast 90 days
High
5.57 MAD
5.59 MAD
6.8 MAD
6.8 MAD
Low
5.38 MAD
5.38 MAD
5.1 MAD
4.07 MAD
Average
0 MAD
0 MAD
0 MAD
0 MAD
Volatility
%
%
%
%
Change
+0.76%
+0.64%
+5.01%
+35.00%

Ovato information

OVATO to MAD market statistics

OVATO/MAD:
د.م.5.5
OVATO 24h volume:
د.م.617,519.7
OVATO market cap:
--
OVATO circulating supply:
0 OVATO

Current OVATO to MAD exchange rate

Ovato to Moroccan Dirham is rising this week.
Ovato's current market price is د.م.5.5 per OVATO, with a total market cap of د.م.0 MAD based on a circulating supply of -- OVATO. The trading volume of Ovato has changed by -3.44% (د.م.-21,994.82 MAD) in the last 24 hours. Last trading day, OVATO's trading volume was د.م.639,514.53.

More info about Ovato 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.

Bitget crypto-to-fiat exchange data shows that the most popular Ovato currency pair is the OVATO to MAD, with for Ovato's currency code being OVATO. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for MAD.

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How to convert OVATO to MAD

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OVATO to MAD Conversion tables

The exchange rate of Ovato is increasing.
The exchange rate of 1 OVATO to Moroccan Dirham has changed by +0.64% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.76%, reaching a high of 5.57 MAD and a low of 5.38 MAD . One month ago, the value of 1 OVATO was د.م.5.24 MAD , which represents a +5.01% change from its current value. Over the last year, Ovato has changed by
+د.م.
3.88MAD
, resulting in a change of +239.10% in its value.
24 hours ago1 month ago1 year ago
Amount18:29 today24 hours ago24h change
0.5 OVATOد.م.2.75د.م.2.73
+0.76%
1 OVATOد.م.5.5د.م.5.46
+0.76%
5 OVATOد.م.27.51د.م.27.3
+0.76%
10 OVATOد.م.55.02د.م.54.61
+0.76%
50 OVATOد.م.275.12د.م.273.05
+0.76%
100 OVATOد.م.550.24د.م.546.09
+0.76%
500 OVATOد.م.2,751.21د.م.2,730.45
+0.76%
1000 OVATOد.م.5,502.42د.م.5,460.91
+0.76%

OVATO to MAD FAQ

How much is 1 Ovato in MAD?
Right now, the price of 1 Ovato (OVATO) in Moroccan Dirham (MAD) is د.م.5.5.
How much OVATO can I buy for 1 MAD?
Based on the current exchange rate, you can get 0.1817 OVATO for 1 MAD.
How do I calculate or convert OVATO to MAD?
You can use our OVATO to MAD calculator at the top of this page to convert any amount of OVATO to MAD. We've also included quick-reference tables for the most popular conversions. For example, 5 MAD is equivalent to 0.9087 OVATO, while 5 OVATO will cost around 27.51MAD.
What is the highest price of OVATO/MAD in history?
The all-time high price of 1 OVATO in MAD is د.م.85.77. It remains to be seen if the value of 1 OVATO/MAD will exceed the current all-time high.
What is the price trend of Ovato in MAD?
Over the past 7 days, the exchange rate of Ovato (OVATO) has gone up by 0.64%.   Over the last month, the exchange rate of Ovato (OVATO) has gone up by 5.01% against Moroccan Dirham (MAD).

What factors influence the conversion rate of OVATO to MAD?

There are many factors that affect the relationship between Ovato 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 OVATO/MAD. When there is positive news in the market about the widespread adoption of OVATO or major technological breakthroughs, it tends to trigger market optimism and drive the rise of OVATO/MAD. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in OVATO/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.
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 OVATO/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 Ovato and adjust their investment strategies accordingly in the evolving market.

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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.