What is the current MAD to INR exchange rate?

The current mid-market exchange rate is 1 MAD = 9.8096 INR. This rate is updated in real-time. Banks typically add a 2-3% markup, while specialist providers offer rates closer to the mid-market rate.

How can I get the best MAD to INR rate?

To get the best rate, compare FCA-regulated money transfer specialists instead of using your bank. Specialist providers typically charge 0.3-1% vs banks' 2-3% markup. For larger amounts (£1,000+), the savings can be significant.

Is it a good time to convert MAD to INR?

Exchange rates fluctuate constantly based on economic factors. Use our historical chart to see how the MAD/INR rate has moved over time. For large transfers, consider setting up rate alerts or using a forward contract to lock in today's rate.

Convert MAD to INR — live rate

Convert Moroccan Dirhams to Indian Rupees and compare the real cost of sending money.

You send

MAD

They receive

INR

1 MAD = 9.8096 INR • Mid-market rate

Updated just now

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Historical MAD/INR exchange rate

Rates shown are indicative mid-market rates, updated regularly.

Quick reference: MAD to INR

1 MAD → 9.81 INR

5 MAD → 49.05 INR

10 MAD → 98.10 INR

50 MAD → 490.48 INR

100 MAD → 980.96 INR

500 MAD → 4,904.82 INR

1,000 MAD → 9,809.64 INR

5,000 MAD → 49,048.20 INR

Currency snapshots

MAD — Moroccan Dirham

ISO Code MAD

Central Bank Bank Al-Maghrib

Common Notes 20, 50, 100, 200

Learn more about MAD

INR — Indian Rupee

ISO Code INR

Symbol ₹

Central Bank Reserve Bank of India

Common Notes ₹5, ₹10, ₹20, ₹50, ₹100, ₹500, ₹1000

Learn more about INR

What affects this rate? Interest rate differentials, inflation expectations, and market risk sentiment are the primary drivers.

Convert MAD to INR — live rate

Historical MAD/INR exchange rate

Quick reference: MAD to INR

Real cost of MAD → INR

Estimated savings

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Currency snapshots