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Currency.Wiki
Updated 1 minute ago
 INR =
    MAD
 Indian Rupee =  Moroccan Dirhams
Trending: Rs exchange rates for the last 24 hours
  • INR/USD 0.011442 -0.00041933
  • INR/EUR 0.010999 0.00001159
  • INR/JPY 1.751456 -0.06545430
  • INR/GBP 0.009143 0.00000677
  • INR/CHF 0.010335 -0.00001720
  • INR/MXN 0.236355 0.00142674
  • INR/BRL 0.066380 -0.00114176
  • INR/CNY 0.083238 -0.00148955

INR/MAD exchange rate analysis over the past 90 days

Indian Rupee to Moroccan Dirham exchange rate: Over the last 90 days, the Indian Rupee weakened by -2.26% against the Moroccan Dirham, declining from MAD0.1172 to MAD0.1146 per Indian Rupee. This trend reflects the evolving economic dynamics between the India and the Morocco. Factors contributing to this weakening may include:

  • Trade Imbalances: Disparities in trade and investment between India and Morocco.
  • Regulatory Decisions: Policies or regulations affecting currency exchange or trade balance between India and Morocco.
  • Economic Challenges: Factors such as GDP contraction, rising unemployment, or increased inflation in the India or Morocco.
  • Global Pressures: External economic or geopolitical events that may unfavorably impact the India relative to the Morocco.

The foreign exchange market operates continuously, with currency values being influenced by a myriad of global economic, political, and financial occurrences.

Rs

Indian Rupee Currency

Country: India

Symbol: Rs

ISO Code: INR

Bank: Reserve Bank of India

Interesting fact about Indian Rupee

The Indian Rupee (INR) is the official currency of India. It has a rich history dating back to ancient times, but the modern iteration of the currency was established in 1947 when India gained independence. The Rupee is an essential part of the Indian economy, being widely accepted as legal tender. It plays a significant role in international trade, domestic transactions, and as a store of value for the Indian population.

MAD

Moroccan Dirham Currency

Country: Morocco

Symbol: MAD

ISO Code: MAD

Bank: Bank Al-Maghrib

Interesting fact about Moroccan Dirham

The Moroccan Dirham (MAD) is the official currency of Morocco. It was introduced in 1960, replacing the Moroccan Franc. The Dirham is issued and regulated by the Bank Al-Maghrib, the country's central bank. It plays a vital role in the Moroccan economy, facilitating domestic and international transactions, and is widely accepted across the country for various goods and services.

Quick Conversion Guide

Frequently Asked Questions

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The Indian Rupee to Moroccan Dirham exchange rate is influenced by a variety of factors including economic data, political events, central bank decisions, market sentiment, and global financial news.
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Today conversion rate from 1 INR to MAD is MAD0.11.
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Yes, our site provides historical charts that show the trends and fluctuations in the Indian Rupee to Moroccan Dirham exchange rate over different time periods.
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While it's impossible to predict rates with certainty, staying informed about market trends and economic forecasts can help you make educated guesses.
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The exchange rate can fluctuate frequently due to the forex market's high volatility. It can change multiple times within a single day.