Converting Moroccan Dirham to Indian Rupee can be a daunting task, but don't worry, I've got you covered. The Moroccan Dirham is the official currency of Morocco, and it's widely accepted in the country.
You can exchange Dirham for Rupee at currency exchange offices or banks in Morocco, but be aware that the exchange rate may not be favorable. The exchange rate can fluctuate depending on the time of day, market conditions, and other factors.
To get the best exchange rate, it's essential to research and compare rates before making a conversion. You can use online tools or consult with a currency exchange expert to help you make an informed decision.
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Conversion Basics
Converting Moroccan Dirham to Indian Rupee is a useful skill for travelers and traders alike. The average exchange rate over a period of time can be used to estimate the value of a certain amount of Moroccan Dirham in Indian Rupees.
The exchange rate can vary throughout the day based on market conditions, so it's essential to consult financial news platforms or forex trading websites to find the current rate. This will help you get the most accurate conversion possible.
To perform the conversion, you can use the formula: Amount in INR = Amount in MAD × Exchange Rate (MAD to INR). For example, if the exchange rate is 1 MAD = 7.40 INR, converting 100 MAD would yield 740 INR.
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How Much 1 in?
1 Moroccan Dirham is equivalent to 8.6187 Indian Rupees, according to the conversion chart provided.
In some cases, the conversion rate may vary slightly depending on the amount being converted. For example, 5 Moroccan Dirhams are equal to 43.094 Indian Rupees, while 10 Moroccan Dirhams are equivalent to 86.187 Indian Rupees.
The average exchange rate over a specific period, from January 18, 2024, to January 17, 2025, was 8.4288 Indian Rupees per Moroccan Dirham.
Here's a breakdown of the conversion rates for 1, 5, and 10 Moroccan Dirhams:
These conversion rates can be useful for travelers, traders, or anyone who needs to exchange Moroccan Dirhams for Indian Rupees.
What is
A conversion is a process that changes the form of a visitor's action on a website, such as filling out a form or making a purchase.
Conversions can be measured in various ways, including the number of leads generated, sales made, or sign-ups completed.
The goal of a conversion is to get visitors to take a specific action that drives the desired outcome for the business.
Conversion rates can be improved by streamlining the user experience and reducing friction points, such as complex forms or lengthy checkout processes.
A well-designed conversion funnel can guide visitors through the conversion process, increasing the chances of a successful outcome.
The conversion rate is calculated by dividing the number of conversions by the total number of visitors to a website.
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Currency Information
The Moroccan Dirham has a strong track record against the Indian Rupee, with a year-to-date increase of +1.75%.
If you're planning to travel to Morocco or do business with the country, it's essential to know that the Moroccan Dirham has appreciated +28.87% against the Indian Rupee over the past decade.
This means the Moroccan Dirham has gained significant purchasing power compared to the Indian Rupee in the last decade.
The prices of goods and services in Morocco are likely to be lower for Indian Rupee holders due to the Dirham's increased value.
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Historical Data
The Moroccan Dirham to Indian Rupee exchange rate has seen fluctuations over the years. In the last six months, the MAD/INR rate is up +1.29%.
Looking at the data, we can see that the highest exchange rate in the last 10 years was on August 27, 2024, when each Moroccan Dirham was worth 8.7062 Indian Rupees.
The exchange rate has been relatively stable in the last 30 days, with a high of ₹8.6156 and a low of ₹8.4425. The average rate over this period was ₹8.5217.
The volatility in the last 30 days was +1.02%. In contrast, the volatility in the last 90 days was +1.53%.
Here's a summary of the exchange rate highs and lows in the last 30 and 90 days:
The Moroccan Dirham has increased in value compared to the Indian Rupee in the last year, with a +3.24% change.
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