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

Indian Rupee moroccan dirham history for October 2023. The highest quote for this month is 0.12421 (21/10/2023) and the lowest 0.12421 (21/10/2023). The difference between high and low is 0.

INR MAD average rate for October 2023 is 0.12243, the change between 01/10/2023 and 31/10/2023 is +0.38 %.

01 October 2023	1 INR = 0.1239 MAD
02 October 2023	1 INR = 0.1199 MAD
03 October 2023	1 INR = 0.1238 MAD
04 October 2023	1 INR = 0.1241 MAD
05 October 2023	1 INR = 0.1234 MAD
06 October 2023	1 INR = 0.1201 MAD
07 October 2023	1 INR = 0.1235 MAD
09 October 2023	1 INR = 0.1187 MAD
10 October 2023	1 INR = 0.1206 MAD
11 October 2023	1 INR = 0.1232 MAD
12 October 2023	1 INR = 0.1230 MAD
13 October 2023	1 INR = 0.1230 MAD
16 October 2023	1 INR = 0.1188 MAD
17 October 2023	1 INR = 0.1232 MAD
18 October 2023	1 INR = 0.1230 MAD
19 October 2023	1 INR = 0.1195 MAD
20 October 2023	1 INR = 0.1239 MAD
21 October 2023	1 INR = 0.1242 MAD
22 October 2023	1 INR = 0.1242 MAD
23 October 2023	1 INR = 0.1197 MAD
24 October 2023	1 INR = 0.1243 MAD
25 October 2023	1 INR = 0.1241 MAD
26 October 2023	1 INR = 0.1233 MAD
27 October 2023	1 INR = 0.1232 MAD
28 October 2023	1 INR = 0.1235 MAD
29 October 2023	1 INR = 0.1234 MAD
30 October 2023	1 INR = 0.1193 MAD
31 October 2023	1 INR = 0.1234 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