Convert Maldivian Rufiyaa to Moroccan Dirham
Please provide values below to convert Maldivian Rufiyaa [MVR] to Moroccan Dirham [MAD], or Convert Moroccan Dirham to Maldivian Rufiyaa.
How to Convert Maldivian Rufiyaa to Moroccan Dirham
1 MVR = 1.71377507409833 MAD
Example: convert 15 MVR to MAD:
15 MVR = 15 × 1.71377507409833 MAD = 25.706626111475 MAD
Maldivian Rufiyaa to Moroccan Dirham Conversion Table
| Maldivian Rufiyaa | Moroccan Dirham |
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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.
Moroccan Dirham
The Moroccan Dirham (MAD) is the official currency of Morocco, used for everyday transactions and issued by the Bank of Morocco.
History/Origin
The Dirham was introduced in 1960, replacing the Moroccan franc, and has undergone various reforms to modernize and stabilize the currency, including decimalization and currency reforms in the 21st century.
Current Use
The MAD is widely used across Morocco for all forms of payment, including cash, electronic transactions, and banking, and is also accepted in some neighboring regions for specific transactions.