Convert Maldivian Rufiyaa to Argentine Peso
Please provide values below to convert Maldivian Rufiyaa [MVR] to Argentine Peso [ARS], or Convert Argentine Peso to Maldivian Rufiyaa.
How to Convert Maldivian Rufiyaa to Argentine Peso
1 MVR = 0.0121928335057694 ARS
Example: convert 15 MVR to ARS:
15 MVR = 15 × 0.0121928335057694 ARS = 0.182892502586541 ARS
Maldivian Rufiyaa to Argentine Peso Conversion Table
| Maldivian Rufiyaa | Argentine Peso |
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Maldivian Rufiyaa
The Maldivian Rufiyaa (MVR) is the official currency of the Maldives, used for all monetary transactions within the country.
History/Origin
Introduced in 1981, the Maldivian Rufiyaa replaced the Maldivian Rupee at par, and has since been the nation's standard currency, with various banknotes and coins issued over the years.
Current Use
The MVR is widely used across the Maldives for daily transactions, tourism, and trade, and is managed by the Maldives Monetary Authority.
Argentine Peso
The Argentine Peso (ARS) is the official currency of Argentina, used for all monetary transactions within the country.
History/Origin
The Argentine Peso was first introduced in 1881, replacing the Argentine Austral. It has undergone several revaluations and reforms, with the current peso being reintroduced in 1992 after a period of hyperinflation and currency instability.
Current Use
Today, the ARS is the legal tender in Argentina, used for everyday transactions, banking, and trade. It is managed by the Central Bank of Argentina and remains subject to inflationary pressures and economic fluctuations.