Indian Rupee moroccan dirham exchange rate history (INR MAD) November 2023

Indian Rupee moroccan dirham history for November 2023. The highest quote for this month is 0.12367 (03/11/2023) and the lowest 0.12232 (12/11/2023). The difference between high and low is 1.09.

INR MAD average rate for November 2023 is 0.12091, the change between 01/11/2023 and 30/11/2023 is +2.41 %.

01 November 2023	1 INR = 0.1235 MAD
02 November 2023	1 INR = 0.1210 MAD
03 November 2023	1 INR = 0.1193 MAD
06 November 2023	1 INR = 0.1189 MAD
07 November 2023	1 INR = 0.1226 MAD
08 November 2023	1 INR = 0.1229 MAD
09 November 2023	1 INR = 0.1224 MAD
10 November 2023	1 INR = 0.1227 MAD
12 November 2023	1 INR = 0.1226 MAD
13 November 2023	1 INR = 0.1187 MAD
14 November 2023	1 INR = 0.1228 MAD
15 November 2023	1 INR = 0.1221 MAD
16 November 2023	1 INR = 0.1220 MAD
17 November 2023	1 INR = 0.1221 MAD
18 November 2023	1 INR = 0.1220 MAD
19 November 2023	1 INR = 0.1220 MAD
20 November 2023	1 INR = 0.1174 MAD
21 November 2023	1 INR = 0.1216 MAD
22 November 2023	1 INR = 0.1215 MAD
23 November 2023	1 INR = 0.1175 MAD
24 November 2023	1 INR = 0.1178 MAD
26 November 2023	1 INR = 0.1211 MAD
27 November 2023	1 INR = 0.1173 MAD
28 November 2023	1 INR = 0.1210 MAD
29 November 2023	1 INR = 0.1204 MAD
30 November 2023	1 INR = 0.1205 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.

Historic Indian Rupee Moroccan dirham