Convert Maldivian Rufiyaa to Bulgarian Lev
Please provide values below to convert Maldivian Rufiyaa [MVR] to Bulgarian Lev [BGN], or Convert Bulgarian Lev to Maldivian Rufiyaa.
How to Convert Maldivian Rufiyaa to Bulgarian Lev
1 MVR = 9.25773566802591 BGN
Example: convert 15 MVR to BGN:
15 MVR = 15 × 9.25773566802591 BGN = 138.866035020389 BGN
Maldivian Rufiyaa to Bulgarian Lev Conversion Table
| Maldivian Rufiyaa | Bulgarian Lev |
|---|
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.
Bulgarian Lev
The Bulgarian Lev (BGN) is the official currency of Bulgaria, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Lev was introduced in 1881, replacing the Bulgarian lev of the Ottoman Empire, and has undergone several reforms, most notably in 1999 when the current fixed exchange rate system was established to stabilize the economy.
Current Use
The Bulgarian Lev is the sole legal tender in Bulgaria, widely used in all financial transactions, banking, and commerce within the country, and is pegged to the Euro at a fixed rate.