MAD to INR - Convert Moroccan Dirham to Indian Rupee

Convert MAD to INR using our currency converter with real exchange rate today

1 MAD = 8.213 INR

1 INR = 0.122 MAD

(Mid-market exchange rate)

Last updated Mar 01, 2024 07:48 GMT

MAD to INR conversion chart

Below is the live and historical Moroccan Dirham to Indian Rupee rate chart so you can see today's rate - and how the rates have changed over time.

1 MAD = 8.213 INR

1,000 Moroccan Dirham to Indian Rupee stats | MAD to INR

Stat Last 7 days Last 30 days Last 90 days Last year Selected period on chart
High 8.26 8.312 8.491 8.491 8.312
Low 8.181 8.181 8.181 7.849 8.181
Average 8.231 8.249 8.296 8.2 8.249
Volatility 0.97% 1.6% 3.79% 8.18% 1.6%

What is the Moroccan Dirham worth against the Indian Rupee today?

1 MAD is worth 8.213 INR today

How much is 1,000 MAD worth in INR?

At the current exchange rate of 8.213 , a sum of 1,000 Moroccan Dirham is worth 8,213 Indian Rupee.

Which currency is stronger? MAD or INR?

The Moroccan Dirham is currently stronger than the Indian Rupee given that 1 MAD is equal to 8.213 INR. Conversely, 1 INR is worth 0.122 MAD.

Overview of MAD to INR Performance and Trends

Today, to buy 1,000 Moroccan Dirham, you need 8,213 Indian Rupee. On the same date last year, you needed 7,961 Indian Rupee for 1,000 Moroccan Dirham. This change indicates that the Moroccan Dirham has become stronger against the Indian Rupee by 3.25% over the past year.

The pair experienced moderate volatility of 8.18%.

Moderate volatility means there is a moderate risk of price changes. It represents a balance of potential gains and risks.

MAD to INR Currency Performance and Volatility

Last 7 Days

  • Performance: DH1,000 varied between ₹8.181 (weekly low) and ₹8.26 (weekly high), a variance of ₹0.079 .
  • Volatility: Fluctuated by 0.97%.

Last 30 Days

  • Performance: DH1,000 varied between ₹8.181 (30-day low) to ₹8.312 (30-day high), a variance of ₹0.131 .
  • Volatility: Fluctuated by 1.6%.

Last 90 Days

  • Performance: DH1,000 varied between ₹8.181 (90-day low) to ₹8.491 (90-day high), a variance of ₹0.31 .
  • Volatility: Fluctuated by 3.79%.

Last Year

  • Performance: DH1,000 ranged from ₹7.849 (yearly low) to ₹8.491 (yearly high), a variance of ₹0.642 .
  • Volatility: Fluctuated by 8.18%.

MAD to INR Forecast and trending

Is the Moroccan Dirham going up or down against the Indian Rupee?

Today's MAD to INR exchange rate (8.223) is higher compared to yesterday's rate (8.209).

Currency information

MAD - Moroccan Dirham

The currency code for Moroccan Dirham is MAD.

The MAD currency symbol is DH.

Minor unit: 1/100 = Centime

MAD rank by most traded currencies: Not in top 40 traded currencies

Avg proportion of daily world trade volume: 0% (Low daily trade currency)

MAD rank by strongest currencies (buying power): 51

The Moroccan Dirham is the currency of 2 countries:
Morocco, Sahrawi Republic

More Moroccan Dirham (MAD) information >

INR - Indian Rupee

The currency code for Indian Rupee is INR.

The INR currency symbol is ₹.

Minor unit: 1/100 = Paisa

INR rank by most traded currencies: 15

Avg proportion of daily world trade volume: 0.80%

INR rank by strongest currencies (buying power): 89

The Indian Rupee is the currency of 3 countries:
India, Bhutan, Nepal

More Indian Rupee (INR) information >

Understanding MAD to INR Currency Exchange: Our Top Tips

Let's look at some practical information, ideas and tips to help you make sure you can get the most from your money when you convert Moroccan Dirham to Indian Rupee, to send a payment, for a trip overseas, when shopping online or to hold a balance in Indian Rupee.

How to convert MAD to INR?

You can convert Moroccan Dirham to Indian Rupee either in a physical location or online. If you choose to exchange money at a currency exchange store, bank or at the airport, you'll be given your Indian Rupee in cash. Or, you can choose to convert digitally, to send a payment overseas for example.

If you're exchanging money in a physical location you'll usually need to take the following steps:

  • Choose an exchange service that suits your needs
  • Head there with the money in Moroccan Dirham cash to exchange
  • Get a quote for the exchange rate and any commission or fee you need to pay
  • Hand over your money and receive your Indian Rupee in cash

Exchanging your money digitally is often easier. As an example, here's how to send a payment overseas:

  • Choose an international payment service that suits your needs and head to their desktop site, or download their app
  • Tap Send Payment
  • Enter the amount in Moroccan Dirham you want to send, or the amount in Indian Rupee you want your recipient to get in the end
  • You'll be shown a quote for the exchange rate and any commission or fee you need to pay
  • Choose your preferred payment method, and follow the prompts to pay
  • Your money will be deposited to your recipient's bank account directly, in Indian Rupee

How to get the best MAD to INR exchange rate?

Because banks, currency exchange offices and international payment services all set their own exchange rates, you'll need to shop around a little to find the best MAD to INR exchange rate for your specific transaction.

Get to know the MAD/INR mid-market exchange rate using reputable currency conversion tools, so you'll be able to see how the market is trending. You can often set up rate alerts so the service you choose will send you a message when the MAD/INR mid-market exchange rate hits your preferred level. Once you see a rate you like, act fast to complete your transaction before markets move again.

Another smart option is to open a multi-currency account which lets you hold a selection of major world currencies, often including Moroccan Dirham and Indian Rupee. This can be helpful if you transact internationally often, live overseas, receive payments from abroad, invest in diverse markets or even if you simply love to shop online with international retailers. Because you can hold a balance in the currency or currencies of your choice, there's no need to convert from one currency to another unnecessarily - you can wait until exchange rates are favorable to avoid losing out.

How to buy Moroccan Dirham with Indian Rupee?

You'll be able to exchange Indian Rupee to Moroccan Dirham in the same way as you'd exchange Moroccan Dirham to Indian Rupee. If you have Indian Rupee in your pocket in cash, you can take them along to a currency exchange service and ask if they'll buy back in exchange for Indian Rupee. Be aware that the exchange rate might not be great - so coming back from a trip with as little foreign cash as possible is a smart plan.

On the other hand, if you hold Moroccan Dirham in a bank or specialist provider account, you'll be able to take advantage of online currency exchange services which can often offer fast, efficient and good value conversion which uses a better rate than a bank would.

Where to exchange MAD to INR?

You can exchange currencies in person at a currency exchange store, bank or airport, or use an online service instead. It's helpful to know that in person currency exchange options can offer a pretty poor deal overall, as exchange rates commonly include a markup - an extra fee. If you're exchanging somewhere with little local competition - like at an airport or hotel, for example - the chances are that the rate you get will be even worse.

A good alternative is to open a multi-currency account which lets you hold and exchange currencies digitally - and if you pick an account which also offers a linked debit card, you can make ATM withdrawals at home and abroad whenever you need cash. Digital specialist services can often offer a better exchange rate with lower overall costs compared to using your bank or exchanging cash in person - plus they're intuitive to use and let you manage your money with just your phone.

Frequently asked questions when converting Moroccan Dirham to Indian Rupee (MAD to INR)

How much is the Moroccan Dirham to Indian Rupee?

The Moroccan Dirham to Indian Rupee exchange rate today is 8.213 . Use this guide to learn more about exchanging MAD to INR in the easiest and best value way for your specific needs.

How much is 1,000 Moroccan Dirham to the Indian Rupee?

The MAD to INR rate today is 8.213 . That means that 1,000 Moroccan Dirham would be worth 8,213 Indian Rupee.

How to exchange Moroccan Dirham to Indian Rupee?

Exchange MAD to INR in person at a bank, currency exchange store or airport - or for a better exchange rate and to avoid standing in line in a physical store, use a digital service. Online currency exchange services are safe, intuitive and easy to use, to send payments internationally, or hold and exchange multiple currencies including MAD to INR.

How to send money to India?

If you want to send money from the Morocco - or anywhere else in the world - to India, you'll be able to do so through your bank or an online specialist service like Wise. Specialist international money transfer services can often offer better exchange rates and lower overall costs for payments to India - plus, you'll be able to get everything arranged with just your laptop or phone.

What is the Mid-Market Rate?

The mid-market exchange rate is the rate that banks and currency exchange services get when they buy and sell currencies like Indian Rupee and Moroccan Dirham on wholesale markets. It's an important benchmark you can use to measure whether the exchange rate you're offered by a bank or exchange service is fair.

Usually banks and exchange services add a percentage margin - known as a markup - to the exchange rate they get themselves. But this markup can vary a lot, and in some cases pushes up the cost of currency exchange significantly. Learning about the mid-market rate and monitoring it can mean you get a better deal when you exchange currencies.

Get the live Moroccan Dirham to Indian Rupee exchange rate with our handy tools, to help you compare your options.

Why trust us?

We take reader trust seriously. At Currency Live we're working to help our readers learn more about currency exchange so they can avoid the common pitfalls and make more of their money. Here's why you can trust us to do just that:

Expertise and Transparency by our partnership with Wise

Our partnership with Wise reinforces our commitment to delivering transparent and reliable financial insights and aiding more than millions of monthly users in their money transfers. We already have a billion impressions and over a million yearly visitors who benefit from the depth of insight and actionable tips we can provide them.

Broad market scope

At Currency Live we cover all of currency pairs, with rates which are refreshed in real time so you'll know the details you're reading are accurate, extensive and live.

Reliable Market Analysis

Our market analysis and currency news are up-to-date, researched and presented in an easy-to-understand format. This ensures you get accurate and actionable information, without any unnecessary complexities.

Commitment to Accurate Currency Information

Currency Live was built by currency exchange experts with over 10 years experience, and we are proud to dedicate ourselves to providing essential and current information, aiding users with valuable insights for currency conversion and financial decision-making.