Live INR to MAD exchange rate today - 1 INR equals 0.0985 MAD, with an instant two-way converter for Indian Rupee to Moroccan Dirham.
1 INR = 0.098530 MAD
1 MAD = 10.1492 INR
1.00 Indian Rupee =
0.0985 Moroccan Dirham
Last updated: September 3, 2026
This INR to MAD rate is sourced from the Frankfurter exchange rate API, which aggregates reference rates from central banks and financial data providers. Rates on this page are refreshed daily and reflect the mid-market exchange rate (the midpoint between buy and sell prices), rather than the retail rate offered at a bank or currency exchange counter.
Use the calculator above to convert any amount both ways: enter a value in either the INR box or the Moroccan Dirham (MAD) box to see the live conversion instantly.
A managed float, not pegged to any other currency - the RBI lets the market set its value but occasionally buys or sells dollars to smooth out sharp swings.
Managed against a basket weighted toward the euro and the US dollar, with a trading band Morocco has gradually widened in stages as part of a planned move toward more flexibility.
The INR/MAD rate moves every trading day, driven mainly by:
Neither exclusively. It's managed against a basket weighted toward both the euro and the dollar, with Bank Al-Maghrib gradually widening the trading band around that basket in stages as part of a planned move toward more currency flexibility over time.
Morocco trades heavily with both the eurozone (especially France and Spain) and, to a lesser extent, dollar-denominated markets, so a basket weighted toward both better reflects its actual trade exposure than pegging to just one currency would.
It's the mid-market rate, the midpoint between the buy and sell price on the global currency market, with no margin added. Banks, forex counters and card networks add their own markup on top, so the rate you're actually charged when exchanging cash or paying by card abroad will differ, usually by 1 to 4 percent in their favor.
Once a day, refreshed at 7:00 AM IST from the Frankfurter API.
Frankfurter (frankfurter.dev), a free exchange-rate API that blends official reference rates from multiple central banks rather than relying on a single source.
Use it as a reference for roughly what you should be getting, not as the exact rate you'll receive. An actual transaction, a bank transfer, cash exchange, or a card payment abroad, goes through your bank or exchange provider's own rate, which includes their margin and any transaction fees.