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Currency.Wiki
Updated 25 seconds ago
 MAD =
    INR
 Moroccan Dirham =  Indian Rupees
Trending: MAD exchange rates for the last 24 hours
  • MAD/USD 0.099276 -0.00146668
  • MAD/EUR 0.096101 0.00120990
  • MAD/JPY 15.102896 -0.47787164
  • MAD/GBP 0.079982 0.00088579
  • MAD/CHF 0.090323 0.00144889
  • MAD/MXN 2.046256 -0.02880297
  • MAD/INR 8.682068 0.17986805
  • MAD/BRL 0.581000 0.00175043
  • MAD/CNY 0.725268 -0.00336082

MAD/INR exchange rate analysis over the past 90 days

Moroccan Dirham to Indian Rupee exchange rate: Over the last 90 days, the Moroccan Dirham strengthened by 2.07% against the Indian Rupee, moving from Rs8.5022 to Rs8.6821 per Moroccan Dirham. This trend reflects the evolving economic dynamics between the Morocco and the India. Factors influencing this rate may include:

  • Trade Dynamics: The balance of trade and investment between Morocco and India.
  • Regulatory Changes: Policies or regulations related to currency exchange or trade agreements between Morocco and India.
  • Economic Health: Indicators such as GDP growth, unemployment rates, or inflation in the Morocco or India.
  • Global Influences: Broader economic or geopolitical events that can impact both the Morocco and the India.

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

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.

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.

Quick Conversion Guide

Frequently Asked Questions

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The Moroccan Dirham to Indian Rupee 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 MAD to INR is Rs8.68.
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Yes, our site provides historical charts that show the trends and fluctuations in the Moroccan Dirham to Indian Rupee 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.