Convert Maldivian Rufiyaa to Qatari Rial
Please provide values below to convert Maldivian Rufiyaa [MVR] to Qatari Rial [QAR], or Convert Qatari Rial to Maldivian Rufiyaa.
How to Convert Maldivian Rufiyaa to Qatari Rial
1 MVR = 4.24126373626374 QAR
Example: convert 15 MVR to QAR:
15 MVR = 15 × 4.24126373626374 QAR = 63.618956043956 QAR
Maldivian Rufiyaa to Qatari Rial Conversion Table
| Maldivian Rufiyaa | Qatari Rial |
|---|
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.
Qatari Rial
The Qatari Rial (QAR) is the official currency of Qatar, used for all monetary transactions within the country.
History/Origin
The Qatari Rial was introduced in the 1960s, replacing the Indian Rupee, and has undergone various redenominations and stability measures to establish its value.
Current Use
The Qatari Rial is widely used in Qatar for everyday transactions, banking, and international trade, and is pegged to a basket of currencies with a fixed exchange rate to the US dollar.