SERV to MAD Converter and calculator


Conversion rates
Convert SERV to MAD
Convert MAD to SERV
SERV to MAD chart
SERV to MAD conversion data: Volatility and price changes of OpenServ in MAD
Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
---|---|---|---|---|
High | 0.4686 MAD | 0.6109 MAD | 0.7750 MAD | 0.7822 MAD |
Low | 0.4034 MAD | 0.4034 MAD | 0.4034 MAD | 0.2259 MAD |
Average | 0 MAD | 0 MAD | 0 MAD | 0 MAD |
Volatility | % | % | % | % |
Change | -6.85% | -16.13% | -38.94% | +46.47% |
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OpenServ information
SERV to MAD market statistics
Current SERV to MAD exchange rate
OpenServ to Moroccan Dirham is falling this week.More info about OpenServ 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.
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SERV to MAD Conversion tables
Amount | 22:40 today | 24 hours ago | 24h change |
---|---|---|---|
0.5 SERV | د.م.0.2106 | د.م.0.2257 | -6.85% |
1 SERV | د.م.0.4211 | د.م.0.4514 | -6.85% |
5 SERV | د.م.2.11 | د.م.2.26 | -6.85% |
10 SERV | د.م.4.21 | د.م.4.51 | -6.85% |
50 SERV | د.م.21.06 | د.م.22.57 | -6.85% |
100 SERV | د.م.42.11 | د.م.45.14 | -6.85% |
500 SERV | د.م.210.57 | د.م.225.71 | -6.85% |
1000 SERV | د.م.421.13 | د.م.451.41 | -6.85% |
SERV to MAD FAQ
What factors influence the conversion rate of SERV to MAD?
Popular exchange rates — Crypto-to-Fiat converter
The price of OpenServ in the US is $0.04695 USD. Additionally, OpenServ’s price is €0.03974 EUR in the eurozone, £0.03444 GBP in the UK, C$0.06466 CAD in Canada, ₹4.13 INR in India, ₨13.28 PKR in Pakistan, R$0.2493 BRL in Brazil, and more.
The most popular OpenServ currency pair is the SERV to Moroccan Dirham(MAD). The price of 1 OpenServ (SERV) in Moroccan Dirham (MAD) is د.م.0.4211.
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