Historic Indian Rupee Moroccan dirham

Indian Rupee moroccan dirham history for January 2024. The highest quote for this month is 0.12041 (30/01/2024) and the lowest 0.11978 (14/01/2024). The difference between high and low is 0.52.

INR MAD average rate for January 2024 is 0.11849, the change between 01/01/2024 and 31/01/2024 is -4.27 %.

01 January 20241 INR = 0.1154 MAD
02 January 20241 INR = 0.1156 MAD
03 January 20241 INR = 0.1192 MAD
04 January 20241 INR = 0.1192 MAD
05 January 20241 INR = 0.1189 MAD
06 January 20241 INR = 0.1196 MAD
07 January 20241 INR = 0.1194 MAD
08 January 20241 INR = 0.1155 MAD
09 January 20241 INR = 0.1195 MAD
10 January 20241 INR = 0.1160 MAD
11 January 20241 INR = 0.1198 MAD
12 January 20241 INR = 0.1197 MAD
14 January 20241 INR = 0.1201 MAD
15 January 20241 INR = 0.1163 MAD
16 January 20241 INR = 0.1163 MAD
17 January 20241 INR = 0.1165 MAD
18 January 20241 INR = 0.1201 MAD
19 January 20241 INR = 0.1201 MAD
22 January 20241 INR = 0.1158 MAD
23 January 20241 INR = 0.1196 MAD
24 January 20241 INR = 0.1199 MAD
25 January 20241 INR = 0.1198 MAD
26 January 20241 INR = 0.1200 MAD
28 January 20241 INR = 0.1200 MAD
29 January 20241 INR = 0.1161 MAD
30 January 20241 INR = 0.1205 MAD
31 January 20241 INR = 0.1204 MAD

15/09/2021: Digitization of the Moroccan dirham

Morocco announced plans to digitize the dirham, introducing a central bank digital currency (CBDC) for financial transactions in the country.

24/03/2020: COVID-19 Impact on Indian Rupee

The global COVID-19 pandemic caused significant volatility in the Indian Rupee exchange rate, leading to depreciation against major international currencies.

08/11/2016: Demonetization

The Indian government announced the demonetization of ₹500 and ₹1,000 banknotes, requiring individuals to exchange or deposit their old currency notes at banks.

02/06/2014: Introduction of the fourth dirham

Another series of Moroccan dirham banknotes was issued, featuring new designs and enhanced security features.

03/07/2007: Indian Rupee Symbol

The Indian Rupee was given its own unique symbol ₹, representing the integration of the Indian Rupee into the global currency landscape.

02/07/2005: Dirham's exchange rate floatation

Morocco moved to a floating exchange rate regime, allowing the dirham to fluctuate based on market forces.

01/05/1999: Introduction of the third dirham

A new series of Moroccan dirham banknotes was introduced with enhanced security features.

21/06/1991: Liberalization of Indian Economy

India initiated economic reforms, including the liberalization of foreign exchange controls. This led to the beginning of the exchange rate regime reforms for the Indian Rupee.

12/12/1980: Introduction of the second dirham

A new series of Moroccan dirham banknotes was issued to replace the first series.

17/10/1974: Adoption of the dirham as the currency

The Moroccan franc was replaced by the Moroccan dirham (MAD) as the official currency.

26/11/1960: Introduction of the Moroccan franc (FRF)

The Moroccan franc was introduced as the official currency of Morocco.

24/06/1957: Decimalization of Indian Rupee

The Indian Rupee was decimalized, dividing it into 100 paise. This change simplified the currency system and introduced a uniform monetary system across the country.

15/08/1947: Indian Independence

India gained independence from British rule, leading to the establishment of the Reserve Bank of India as the central bank and the Indian Rupee as the official currency.

01/01/1862: Introduction of Indian Rupee

Indian Rupee was introduced by the British government as the official currency of British India. It replaced various local and foreign currencies that were in circulation.
INR MAD July 2023
INR MAD August 2023
INR MAD September 2023
INR MAD October 2023
INR MAD November 2023
INR MAD December 2023
INR MAD January 2024
INR MAD February 2024
INR MAD March 2024
INR MAD April 2024
INR MAD May 2024
INR MAD June 2024
INR MAD July 2024