Convert Qatari Rial to Maldivian Rufiyaa
Please provide values below to convert Qatari Rial [QAR] to Maldivian Rufiyaa [MVR], or Convert Maldivian Rufiyaa to Qatari Rial.
How to Convert Qatari Rial to Maldivian Rufiyaa
1 QAR = 0.235778782500551 MVR
Example: convert 15 QAR to MVR:
15 QAR = 15 × 0.235778782500551 MVR = 3.53668173750826 MVR
Qatari Rial to Maldivian Rufiyaa Conversion Table
| Qatari Rial | Maldivian Rufiyaa |
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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.
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.