The comparison table above helps you see the total cost of your currency transaction by showing the exchange rates offered by different providers. It also makes it easy to spot potential savings from market-leading FX services compared to bank rates.
To see a full list of available providers, simply enter your transaction type, details and click ‘GET RATES’.
Compare Exchange Rates & Fees - Save Time & Money
Sending money to India can be an expensive business, more so if you aren’t even aware of all the hidden fees. Money transfer companies and banks profit by charging you fees and a normally hidden margin on the exchange rate.
Using your Bank to make international wire transfers to India can be especially expensive – often 5% to 10% worse than using a foreign exchange specialist to send to India bank accounts or pay a Indian rupee invoice.
MAD to INR Market Data
Moroccan dirham (MAD) to Indian rupee (INR) market data - latest interbank exchange rate, trend, chart & historic rates.
Sell MAD →
Buy INR
1 MAD = 9.4436 INR
▲+0.6%
90d-highs
MAD to INR at 9.4436 is 3.1% above its 3-month average of 9.1612, having traded in a relatively stable 6.9% range from 8.8427 to 9.4487
Is the MAD to INR Exchange Rate Likely to Improve?
Predicting exchange rate movements is always challenging, as they’re influenced by a wide range of economic and geopolitical factors. One useful way to assess the current value of the Moroccan dirham against the Indian rupee is to review how the MAD/INR rate has changed over time.
The table below shows the percentage change in the MAD to INR exchange rate across various timeframes—from the past 2 weeks to the last 20 years:
Date
MAD/INR
Period
24 May 2025
9.2523
2 Week
09 Mar 2025
8.9508
3 Month
07 Jun 2024
8.4264
1 Year
08 Jun 2020
7.7933
5 Year
10 Jun 2015
6.6241
10 Year
12 Jun 2005
4.8284
20 Year
MAD/INR historic rates
MAD to INR Conversion: What Is Your Money Worth?
To help you understand the real-world value of the current exchange rate, the table below shows how much Moroccan dirham are worth in Indian rupee across a range of amounts.
This gives a quick view of what you’d get when converting different MAD amounts at today’s rate * :
What is the
best Send Money conversion rate for MAD to INR?
The best MAD to INR exchange rate is 9.2641 from WorldRemit. This is -1.9% compared to the mid-market rate 9.4436.
As exchange rates can vary
significantly between banks and also between currency exchange providers,
it's therefore important to carefully compare
Moroccan dirham (MAD) to Indian rupee (INR) rates from different sources before making a conversion.
The above
Dirham to Rupee comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
banks and other foreign exchange providers against the latest MAD-INR mid-rate and the possible savings of using various providers.
How do MAD-INR rates compare between providers?
Looking at the
full comparison table
the best MAD to INR exchange rate is 9.2641 from WorldRemit, -1.9% from the mid-market rate 9.4436.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally,
banks and foreign exchange providers often apply a margin to the exchange rate, resulting in a less favorable rate for customers compared to the mid-market rate.
For more competitive rates, you might consider using a specialized currency exchange service
or platforms that offer rates closer to the mid-market rate.