This page contains detailed daily historical exchange rates between MAD and INR from 2025-3-8 to 2025-11-05, making it easy to look up and reference. Understanding the history of currency rates is just the beginning. See how innovative solutions empower you to move, manage, and optimise your money globally.
Why Different Currencies Have Different Values?
Current Exchange Rate
As of 02:30, the exchange rate is:
1 MAD = -- INR
Historical Exchange Rate Trends
Below are the daily average exchange rates of MAD to INR for the past 7 days, helping you track the trend during this period.
MAD to INR - Last 7 Days
- 2025-11-05: MAD to INR
- 2025-11-04: MAD to INR
- 2025-11-03: MAD to INR
- 2025-11-02: MAD to INR
- 2025-11-01: MAD to INR
- 2025-10-31: MAD to INR
- 2025-10-30: MAD to INR
INR to MAD - Last 7 Days
- 2025-11-05: INR to MAD
- 2025-11-04: INR to MAD
- 2025-11-03: INR to MAD
- 2025-11-02: INR to MAD
- 2025-11-01: INR to MAD
- 2025-10-31: INR to MAD
- 2025-10-30: INR to MAD
Data Statistics
This section organizes the historical exchange rate data of 1 MAD to INR, including daily data over the past 1 day, 15 days, 30 days, and 90 days. It also marks the highest, lowest, and average rates during each period, helping you easily understand how the exchange rate has changed over time, which is useful for currency exchange, transfers, or investment decisions.
Read also: Real-Time MAD/GBP Data
| Period | Highest Rate | Lowest Rate | Average Rate |
|---|---|---|---|
| Past 1 day | 9.52533 | 9.52533 | 9.52533 |
| Past 15 days | 9.57127 | 9.49549 | 9.53525 |
| Past 30 days | 9.74188 | 9.49549 | 9.59511 |
| Past 90 days | 9.81355 | 9.49549 | 9.68739 |
By examining the recent fluctuations in the exchange rate between MAD and INR, you can determine whether the current exchange rate is high or low, helping you decide whether to immediately remit, lock up the exchange, or delay the transaction to obtain a better price.
Look at the charts of MAD to INR over the past few months. If the trend is upward, it means MAD is appreciating and exchanging to INR is more cost-effective; if downward, you may want to act quickly to exchange at a better rate.
About the Moroccan Dirham (MAD)
The Moroccan Dirham was issued in 1959 and became the country's official currency after independence. The MAD reflects Morocco's economic diversification and foreign trade development and is one of the most important currencies in North Africa.
- Main unit: Dirham
- ISO code: MAD
- Currency symbol: د.م.
- Central Bank: Bank Al-Maghrib
- Countries of Use: Morocco is the only country that uses it officially.
Additional Details:
- Supporting unit: 1 dirham = 100 centimes
- Denomination of banknotes: 20, 50, 100, 200 dirhams
- Banknote material: Paper, with watermark and security thread.
- Coin denomination: 1, 5, 10, 20, 50 santims, 1 dirham
- Exchange Rate System: Managed floating exchange rate system
- Cross-border payment: Supports international payments through the SWIFT system, with limited use of the Moroccan dirham in trade within Africa and the Middle East.
When you go to Morocco, you will use the Moroccan dirham. It is the official currency of Morocco. You may see it written as MAD, د.م., or dh. You cannot bring Moroccan currency into or out of the country. Knowing about the MAD currency helps you use money in Morocco. It also helps you avoid scams and travel easily.
Read also: MAD/NGN Exchange Rate Analysis
Moroccan Dirham Banknotes
About the Indian Rupee (INR)
The Indian rupee is centuries old, with the modern version in use since independence in 1947. The rupee is the foundation of India's large and diverse economy and is widely used in domestic trade, services and the growing digital payments market.
- Main unit: 1 Rupee
- ISO code: INR
- Currency symbol: ₹
- Central Bank: Reserve Bank of India (RBI)
- Countries of Use: India is an official user of the currency, and countries like Nepal and Bhutan also accept the circulation of the rupee to a certain extent.
Additional Details:
- Supporting unit: 1 rupee = 100 paise, but small denomination coins have largely ceased to be in circulation.
- Denomination of banknotes: ₹10, ₹20, ₹50, ₹100, ₹200, ₹500, ₹2000
- Banknote material: The main material is cotton paper, while some new versions use a polymer blend material, featuring anti-counterfeiting lines, watermarks, micro-printing, and other security features.
- Coin denomination: ₹1, ₹2, ₹5, ₹10, ₹20 (New Polygon Type)
- Exchange Rate System: A managed floating exchange rate system, regulated by interventions from the Reserve Bank of India.
- Cross-border payment: Access to the SWIFT network is widely used for remittances in South Asia and the Middle East, yet transactions in international trade are still predominantly settled in US dollars.
Indian Rupee Banknotes
Factors Influencing Exchange Rates
Currency exchange rates fluctuate mainly due to a combination of factors, including global economic activity, market sentiment, interest rate changes, inflation, trade imbalances, and central bank monetary policies. For example, when a country has a strong economy and rising interest rates, it may attract more foreign capital, pushing up the value of its currency. Conversely, political instability or economic slowdown may lead to currency depreciation. Changes in market expectations and speculative activities can also intensify short-term exchange rate fluctuations.
Read also: $200 in Moroccan Dirham: A Quick Guide
Tips for Currency Exchange
When conducting cross-border transactions, pay attention to real-time rates, the bid-ask spread, settlement fees, etc. Especially for large payments, even small differences in the MAD to INR exchange rate can result in substantial changes in actual amounts.
Different banks or payment platforms use various pricing mechanisms. Some use mid-market rates; others add wider spreads, fees, and settlement times. Such differences can be significant for large transactions.
Disclaimer
The exchange rate data on this page is collected from public sources for reference only. Due to frequent fluctuations, accuracy or timeliness cannot be guaranteed.
Popular articles:
tags: #Morocco
