Convert MAD to INR — live rate

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

MAD
INR
1 MAD = 9.8636 INR • Mid-market rate
Updated just now
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Historical MAD/INR exchange rate

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

Quick reference: MAD to INR

1 MAD → 9.86 INR
5 MAD → 49.32 INR
10 MAD → 98.64 INR
50 MAD → 493.18 INR
100 MAD → 986.36 INR
500 MAD → 4,931.78 INR
1,000 MAD → 9,863.56 INR
5,000 MAD → 49,317.80 INR

Real cost of MAD → INR

Banks (typical) ~2% markup
Specialists 0.3–1% markup

The rate above is the mid-market rate. Banks and providers add their margin on top.

How we calculate costs

Estimated savings

On 1,000 MAD
Bank ~£20 lost
Specialist ~£8 lost
You save ~£12

*Estimate based on typical provider rates

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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.