Convert Maldivian Rufiyaa to Israeli New Sheqel
Please provide values below to convert Maldivian Rufiyaa [MVR] to Israeli New Sheqel [ILS], or Convert Israeli New Sheqel to Maldivian Rufiyaa.
How to Convert Maldivian Rufiyaa to Israeli New Sheqel
1 MVR = 4.61530642750374 ILS
Example: convert 15 MVR to ILS:
15 MVR = 15 × 4.61530642750374 ILS = 69.229596412556 ILS
Maldivian Rufiyaa to Israeli New Sheqel Conversion Table
| Maldivian Rufiyaa | Israeli New Sheqel |
|---|
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.
Israeli New Sheqel
The Israeli New Sheqel (ILS) is the official currency of Israel, used for everyday transactions and economic activities within the country.
History/Origin
The Israeli New Sheqel was introduced in 1985, replacing the old Sheqel at a rate of 1,000 old Sheqels to 1 New Sheqel, as part of economic reforms to stabilize the Israeli economy.
Current Use
Today, the ILS is widely used in Israel for all financial transactions, including banking, commerce, and government operations, and is also accepted in some Palestinian territories.