Convert Malaysian Ringgit to Maldivian Rufiyaa
Please provide values below to convert Malaysian Ringgit [MYR] to Maldivian Rufiyaa [MVR], or Convert Maldivian Rufiyaa to Malaysian Ringgit.
How to Convert Malaysian Ringgit to Maldivian Rufiyaa
1 MYR = 0.27408635721781 MVR
Example: convert 15 MYR to MVR:
15 MYR = 15 × 0.27408635721781 MVR = 4.11129535826715 MVR
Malaysian Ringgit to Maldivian Rufiyaa Conversion Table
| Malaysian Ringgit | Maldivian Rufiyaa |
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Malaysian Ringgit
The Malaysian Ringgit (MYR) is the official currency of Malaysia, used for all monetary transactions within the country.
History/Origin
The Ringgit was introduced in 1967, replacing the Malayan dollar. It was initially pegged to the British Pound and later to the US Dollar, with a floating exchange rate established in 1998.
Current Use
The MYR is widely used in Malaysia for everyday transactions, banking, and international trade, and is managed by Bank Negara Malaysia, the country's central bank.
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.