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PSY to MAD Converter and calculator

PSY/MAD: 1 PSY = 0.001632 MAD. The price of converting 1 PsyOptions (PSY) to Moroccan Dirham (MAD) is 0.001632 MAD today.
PSY
PSY
MAD
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides PSY to MAD real-time exchange rates, making it easy to convert PsyOptions (PSY) to Moroccan Dirham (MAD). The conversion result is based on real-time data. The conversion result shows that 1 PSY is currently valued at 0.00 MAD. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 PSY is currently valued at 0.00 MAD, which means buying 5 PSY would cost 0.01 MAD. Similarly, د.م.1 MAD can be converted to 612.82 PSY, and د.م.50 MAD can be converted to 3,064.11 PSY, excluding any platform or gas fees.

Convert PSY to MAD

Convert MAD to PSY

PsyOptions
Moroccan Dirham
In the table above, you'll find a comprehensive PSY to MAD converter that shows the value of PsyOptions in Moroccan Dirham across commonly used conversion amounts. The list covers conversions from 1 PSY to MAD, all the way up to 10000 PSY, providing a clear view of their respective values.
Moroccan Dirham
PsyOptions
1000 MAD
612,821.51 PSY
2000 MAD
1,225,643.02 PSY
5000 MAD
3,064,107.54 PSY
10000 MAD
6,128,215.09 PSY
50000 MAD
30,641,075.43 PSY
100000 MAD
61,282,150.87 PSY
In the table above, you'll find a comprehensive MAD to PSY converter that shows the value of Moroccan Dirham in PsyOptions across commonly used conversion amounts. The list covers conversions from 1 MAD to PSY, all the way up to 100000 MAD, providing a clear view of their respective values.

PSY to MAD chart

PSY/MAD: 1 PSY = 0.001632 MAD; 2025/04/27 01:25:14
In the past 1D, PsyOptions has changed +2.47% to MAD. Based on the trend and price charts, PsyOptions(PSY) has changed +2.47% to MAD while Moroccan Dirham(MAD) has changed % to PSY in the last 24 hours.
1D7D1M3M1YAll

PSY to MAD conversion data: Volatility and price changes of PsyOptions in MAD

The highest PsyOptions price in MAD over the past 7 days was 0.002035 MAD while the lowest PsyOptions price in MAD over the past 7 days was 0.001488 MAD. The relative change between the highs and lows in PsyOptions price in MAD over the last 7 days indicates a volatility of %. You can view additional volatility data and PSY 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
0.001711 MAD
0.002035 MAD
0.002035 MAD
0.006149 MAD
Low
0.001488 MAD
0.001488 MAD
0.001457 MAD
0.001457 MAD
Average
0 MAD
0 MAD
0 MAD
0 MAD
Volatility
%
%
%
%
Change
+2.47%
+4.12%
-0.59%
-70.83%

PsyOptions information

PSY to MAD market statistics

PSY/MAD:
د.م.0.001632
PSY 24h volume:
د.م.167,370.28
PSY market cap:
--
PSY circulating supply:
0 PSY

Current PSY to MAD exchange rate

PsyOptions to Moroccan Dirham is rising this week.
PsyOptions's current market price is د.م.0.001632 per PSY, with a total market cap of د.م.0 MAD based on a circulating supply of -- PSY. The trading volume of PsyOptions has changed by +12.54% (د.م.18,644.55 MAD) in the last 24 hours. Last trading day, PSY's trading volume was د.م.148,725.73.

More info about PsyOptions 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 PsyOptions currency pair is the PSY to MAD, with for PsyOptions's currency code being PSY. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for MAD.

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How to convert PSY to MAD

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Bitget P2P trading does not currently support direct buying of PSY with MAD. However, you can buy USDT in Bitget P2P trading first, and then buy PSY with USDT via Bitget spot market.
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PSY to MAD Conversion tables

The exchange rate of PsyOptions is decreasing.
The exchange rate of 1 PSY to Moroccan Dirham has changed by +4.12% in the last 7 days. In the last 24 hours, the rate has fluctuated by +2.47%, reaching a high of 0.001711 MAD and a low of 0.001488 MAD . One month ago, the value of 1 PSY was د.م.0.001641 MAD , which represents a -0.59% change from its current value. Over the last year, PsyOptions has changed by
-د.م.
0.02269MAD
, resulting in a change of -93.29% in its value.
24 hours ago1 month ago1 year ago
Amount01:25 am today24 hours ago24h change
0.5 PSYد.م.0.0008159د.م.0.0007962
+2.47%
1 PSYد.م.0.001632د.م.0.001592
+2.47%
5 PSYد.م.0.008159د.م.0.007962
+2.47%
10 PSYد.م.0.01632د.م.0.01592
+2.47%
50 PSYد.م.0.08159د.م.0.07962
+2.47%
100 PSYد.م.0.1632د.م.0.1592
+2.47%
500 PSYد.م.0.8159د.م.0.7962
+2.47%
1000 PSYد.م.1.63د.م.1.59
+2.47%

PSY to MAD FAQ

How much is 1 PsyOptions in MAD?
Right now, the price of 1 PsyOptions (PSY) in Moroccan Dirham (MAD) is د.م.0.001632.
How much PSY can I buy for 1 MAD?
Based on the current exchange rate, you can get 612.82 PSY for 1 MAD.
How do I calculate or convert PSY to MAD?
You can use our PSY to MAD calculator at the top of this page to convert any amount of PSY to MAD. We've also included quick-reference tables for the most popular conversions. For example, 5 MAD is equivalent to 3,064.11 PSY, while 5 PSY will cost around 0.008159MAD.
What is the highest price of PSY/MAD in history?
The all-time high price of 1 PSY in MAD is د.م.2.25. It remains to be seen if the value of 1 PSY/MAD will exceed the current all-time high.
What is the price trend of PsyOptions in MAD?
Over the past 7 days, the exchange rate of PsyOptions (PSY) has gone up by 4.12%.   Over the last month, the exchange rate of PsyOptions (PSY) has gone down by 0.59% against Moroccan Dirham (MAD).

What factors influence the conversion rate of PSY to MAD?

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