Convert Moroccan Dirham to Indian Rupee
Please provide values below to convert Moroccan Dirham [MAD] to Indian Rupee [INR], or Convert Indian Rupee to Moroccan Dirham.
How to Convert Moroccan Dirham to Indian Rupee
1 MAD = 0.104278059390674 INR
Example: convert 15 MAD to INR:
15 MAD = 15 × 0.104278059390674 INR = 1.56417089086012 INR
Moroccan Dirham to Indian Rupee Conversion Table
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Moroccan Dirham
The Moroccan Dirham (MAD) is the official currency of Morocco, used for everyday transactions and issued by the Bank of Morocco.
History/Origin
The Dirham was introduced in 1960, replacing the Moroccan franc, and has undergone various reforms to modernize and stabilize the currency, including decimalization and currency reforms in the 21st century.
Current Use
The MAD is widely used across Morocco for all forms of payment, including cash, electronic transactions, and banking, and is also accepted in some neighboring regions for specific transactions.
Indian Rupee
The Indian Rupee (INR) is the official currency of India, used for everyday transactions and financial exchanges within the country.
History/Origin
The Indian Rupee has a history dating back to ancient India, where it was used as a silver coin. It was formally adopted as the official currency during British rule and has evolved through various denominations and reforms to its current form.
Current Use
Today, the INR is widely used across India for all forms of monetary transactions, both cash and digital, and is managed by the Reserve Bank of India. It is also accepted in some neighboring countries and is a recognized currency in international trade.