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RENQ to MAD Converter and calculator

RENQ/MAD: 1 RENQ = 0.01832 MAD. The price of converting 1 Renq Finance (RENQ) to Moroccan Dirham (MAD) is 0.01832 MAD today.
RENQ
RENQ
MAD
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides RENQ to MAD real-time exchange rates, making it easy to convert Renq Finance (RENQ) to Moroccan Dirham (MAD). The conversion result is based on real-time data. The conversion result shows that 1 RENQ is currently valued at 0.02 MAD. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 RENQ is currently valued at 0.02 MAD, which means buying 5 RENQ would cost 0.09 MAD. Similarly, د.م.1 MAD can be converted to 54.58 RENQ, and د.م.50 MAD can be converted to 272.92 RENQ, excluding any platform or gas fees.

Convert RENQ to MAD

Convert MAD to RENQ

Renq Finance
Moroccan Dirham
10000 RENQ
183.21  MAD
In the table above, you'll find a comprehensive RENQ to MAD converter that shows the value of Renq Finance in Moroccan Dirham across commonly used conversion amounts. The list covers conversions from 1 RENQ to MAD, all the way up to 10000 RENQ, providing a clear view of their respective values.
Moroccan Dirham
Renq Finance
1000 MAD
54,583.14 RENQ
2000 MAD
109,166.29 RENQ
5000 MAD
272,915.72 RENQ
10000 MAD
545,831.44 RENQ
50000 MAD
2,729,157.2 RENQ
100000 MAD
5,458,314.41 RENQ
In the table above, you'll find a comprehensive MAD to RENQ converter that shows the value of Moroccan Dirham in Renq Finance across commonly used conversion amounts. The list covers conversions from 1 MAD to RENQ, all the way up to 100000 MAD, providing a clear view of their respective values.

RENQ to MAD chart

RENQ/MAD: 1 RENQ = 0.01832 MAD; 2025/05/01 00:36:42
In the past 1D, Renq Finance has changed -0.19% to MAD. Based on the trend and price charts, Renq Finance(RENQ) has changed -0.19% to MAD while Moroccan Dirham(MAD) has changed % to RENQ in the last 24 hours.
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RENQ to MAD conversion data: Volatility and price changes of Renq Finance in MAD

The highest Renq Finance price in MAD over the past 7 days was 0.01888 MAD while the lowest Renq Finance price in MAD over the past 7 days was 0.01830 MAD. The relative change between the highs and lows in Renq Finance price in MAD over the last 7 days indicates a volatility of %. You can view additional volatility data and RENQ 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
0.01839 MAD
0.01888 MAD
0.02294 MAD
0.03241 MAD
Low
0.01830 MAD
0.01830 MAD
0.01713 MAD
0.01413 MAD
Average
0 MAD
0 MAD
0 MAD
0 MAD
Volatility
%
%
%
%
Change
-0.19%
-0.96%
-16.11%
+14.24%

Renq Finance information

RENQ to MAD market statistics

RENQ/MAD:
د.م.0.01832
RENQ 24h volume:
د.م.1,648,362.86
RENQ market cap:
--
RENQ circulating supply:
0 RENQ

Current RENQ to MAD exchange rate

Renq Finance to Moroccan Dirham is falling this week.
Renq Finance's current market price is د.م.0.01832 per RENQ, with a total market cap of د.م.0 MAD based on a circulating supply of -- RENQ. The trading volume of Renq Finance has changed by +7.59% (د.م.116,263.37 MAD) in the last 24 hours. Last trading day, RENQ's trading volume was د.م.1,532,099.49.

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

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How to convert RENQ to MAD

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RENQ to MAD Conversion tables

The exchange rate of Renq Finance is decreasing.
The exchange rate of 1 RENQ to Moroccan Dirham has changed by -0.96% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.19%, reaching a high of 0.01839 MAD and a low of 0.01830 MAD . One month ago, the value of 1 RENQ was د.م.0.02184 MAD , which represents a -16.11% change from its current value. Over the last year, Renq Finance has changed by
-د.م.
0.01552MAD
, resulting in a change of -45.86% in its value.
24 hours ago1 month ago1 year ago
Amount00:36 am today24 hours ago24h change
0.5 RENQد.م.0.009160د.م.0.009178
-0.19%
1 RENQد.م.0.01832د.م.0.01836
-0.19%
5 RENQد.م.0.09160د.م.0.09178
-0.19%
10 RENQد.م.0.1832د.م.0.1836
-0.19%
50 RENQد.م.0.9160د.م.0.9178
-0.19%
100 RENQد.م.1.83د.م.1.84
-0.19%
500 RENQد.م.9.16د.م.9.18
-0.19%
1000 RENQد.م.18.32د.م.18.36
-0.19%

RENQ to MAD FAQ

How much is 1 Renq Finance in MAD?
Right now, the price of 1 Renq Finance (RENQ) in Moroccan Dirham (MAD) is د.م.0.01832.
How much RENQ can I buy for 1 MAD?
Based on the current exchange rate, you can get 54.58 RENQ for 1 MAD.
How do I calculate or convert RENQ to MAD?
You can use our RENQ to MAD calculator at the top of this page to convert any amount of RENQ to MAD. We've also included quick-reference tables for the most popular conversions. For example, 5 MAD is equivalent to 272.92 RENQ, while 5 RENQ will cost around 0.09160MAD.
What is the highest price of RENQ/MAD in history?
The all-time high price of 1 RENQ in MAD is د.م.0.9896. It remains to be seen if the value of 1 RENQ/MAD will exceed the current all-time high.
What is the price trend of Renq Finance in MAD?
Over the past 7 days, the exchange rate of Renq Finance (RENQ) has gone down by 0.96%.   Over the last month, the exchange rate of Renq Finance (RENQ) has gone down by 16.11% against Moroccan Dirham (MAD).

What factors influence the conversion rate of RENQ to MAD?

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