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SHP to MAD Converter and calculator

SHP/MAD: 1 SHP = 0.0002746 MAD. The price of converting 1 Shopping Token (SHP) to Moroccan Dirham (MAD) is 0.0002746 MAD today.
SHP
SHP
MAD
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides SHP to MAD real-time exchange rates, making it easy to convert Shopping Token (SHP) to Moroccan Dirham (MAD). The conversion result is based on real-time data. The conversion result shows that 1 SHP is currently valued at 0.00 MAD. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 SHP is currently valued at 0.00 MAD, which means buying 5 SHP would cost 0.00 MAD. Similarly, د.م.1 MAD can be converted to 3,641.51 SHP, and د.م.50 MAD can be converted to 18,207.57 SHP, excluding any platform or gas fees.

Convert SHP to MAD

Convert MAD to SHP

Shopping Token
Moroccan Dirham
In the table above, you'll find a comprehensive SHP to MAD converter that shows the value of Shopping Token in Moroccan Dirham across commonly used conversion amounts. The list covers conversions from 1 SHP to MAD, all the way up to 10000 SHP, providing a clear view of their respective values.
Moroccan Dirham
Shopping Token
500 MAD
1,820,757.16 SHP
1000 MAD
3,641,514.32 SHP
2000 MAD
7,283,028.64 SHP
5000 MAD
18,207,571.6 SHP
10000 MAD
36,415,143.19 SHP
50000 MAD
182,075,715.97 SHP
100000 MAD
364,151,431.95 SHP
In the table above, you'll find a comprehensive MAD to SHP converter that shows the value of Moroccan Dirham in Shopping Token across commonly used conversion amounts. The list covers conversions from 1 MAD to SHP, all the way up to 100000 MAD, providing a clear view of their respective values.

SHP to MAD chart

SHP/MAD: 1 SHP = 0.0002746 MAD; 2025/04/29 12:57:18
In the past 1D, Shopping Token has changed +7.71% to MAD. Based on the trend and price charts, Shopping Token(SHP) has changed +7.71% to MAD while Moroccan Dirham(MAD) has changed % to SHP in the last 24 hours.
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SHP to MAD conversion data: Volatility and price changes of Shopping Token in MAD

The highest Shopping Token price in MAD over the past 7 days was 0.0004286 MAD while the lowest Shopping Token price in MAD over the past 7 days was 0.0002234 MAD. The relative change between the highs and lows in Shopping Token price in MAD over the last 7 days indicates a volatility of %. You can view additional volatility data and SHP 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
0.0003489 MAD
0.0004286 MAD
0.001049 MAD
0.01018 MAD
Low
0.0002628 MAD
0.0002234 MAD
0.0002234 MAD
0.0002234 MAD
Average
0 MAD
0 MAD
0 MAD
0 MAD
Volatility
%
%
%
%
Change
+7.71%
+1.85%
--
--

Shopping Token information

SHP to MAD market statistics

SHP/MAD:
د.م.0.0002746
SHP 24h volume:
د.م.7,775.21
SHP market cap:
--
SHP circulating supply:
0 SHP

Current SHP to MAD exchange rate

Shopping Token to Moroccan Dirham is rising this week.
Shopping Token's current market price is د.م.0.0002746 per SHP, with a total market cap of د.م.0 MAD based on a circulating supply of -- SHP. The trading volume of Shopping Token has changed by +7.61% (د.م.549.57 MAD) in the last 24 hours. Last trading day, SHP's trading volume was د.م.7,225.64.

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

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How to convert SHP to MAD

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

The exchange rate of Shopping Token is increasing.
The exchange rate of 1 SHP to Moroccan Dirham has changed by +1.85% in the last 7 days. In the last 24 hours, the rate has fluctuated by +7.71%, reaching a high of 0.0003489 MAD and a low of 0.0002628 MAD . One month ago, the value of 1 SHP was د.م.-0.{4}1312 MAD , which represents a 0.00% change from its current value. Over the last year, Shopping Token has changed by
+د.م.
0.0002877MAD
, resulting in a change of 0.00% in its value.
24 hours ago1 month ago1 year ago
Amount12:57 today24 hours ago24h change
0.5 SHPد.م.0.0001373د.م.0.0001270
+7.71%
1 SHPد.م.0.0002746د.م.0.0002540
+7.71%
5 SHPد.م.0.001373د.م.0.001270
+7.71%
10 SHPد.م.0.002746د.م.0.002540
+7.71%
50 SHPد.م.0.01373د.م.0.01270
+7.71%
100 SHPد.م.0.02746د.م.0.02540
+7.71%
500 SHPد.م.0.1373د.م.0.1270
+7.71%
1000 SHPد.م.0.2746د.م.0.2540
+7.71%

SHP to MAD FAQ

How much is 1 Shopping Token in MAD?
Right now, the price of 1 Shopping Token (SHP) in Moroccan Dirham (MAD) is د.م.0.0002746.
How much SHP can I buy for 1 MAD?
Based on the current exchange rate, you can get 3,641.51 SHP for 1 MAD.
How do I calculate or convert SHP to MAD?
You can use our SHP to MAD calculator at the top of this page to convert any amount of SHP to MAD. We've also included quick-reference tables for the most popular conversions. For example, 5 MAD is equivalent to 18,207.57 SHP, while 5 SHP will cost around 0.001373MAD.
What is the highest price of SHP/MAD in history?
The all-time high price of 1 SHP in MAD is د.م.0.5692. It remains to be seen if the value of 1 SHP/MAD will exceed the current all-time high.
What is the price trend of Shopping Token in MAD?
Over the past 7 days, the exchange rate of Shopping Token (SHP) has gone up by 1.85%.   Over the last month, the exchange rate of Shopping Token (SHP) has gone down by -- against Moroccan Dirham (MAD).

What factors influence the conversion rate of SHP to MAD?

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