Convert Maldivian Rufiyaa to Mexican Peso
Please provide values below to convert Maldivian Rufiyaa [MVR] to Mexican Peso [MXN], or Convert Mexican Peso to Maldivian Rufiyaa.
How to Convert Maldivian Rufiyaa to Mexican Peso
1 MVR = 0.828043037513007 MXN
Example: convert 15 MVR to MXN:
15 MVR = 15 × 0.828043037513007 MXN = 12.4206455626951 MXN
Maldivian Rufiyaa to Mexican Peso Conversion Table
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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.
Mexican Peso
The Mexican Peso (MXN) is the official currency of Mexico, used for everyday transactions and financial exchanges within the country.
History/Origin
The Mexican Peso originated in the 19th century, evolving from the Spanish dollar and undergoing various reforms. It was decimalized in 1905 and has experienced multiple currency reforms, including the introduction of the current peso in 1993 to stabilize the economy.
Current Use
Today, the Mexican Peso is widely used in Mexico for all forms of payment, both cash and electronic, and is one of the most traded currencies in Latin America.