Convert Maldivian Rufiyaa to Chinese Yuan
Please provide values below to convert Maldivian Rufiyaa [MVR] to Chinese Yuan [CNY], or Convert Chinese Yuan to Maldivian Rufiyaa.
How to Convert Maldivian Rufiyaa to Chinese Yuan
1 MVR = 2.15199542787047 CNY
Example: convert 15 MVR to CNY:
15 MVR = 15 × 2.15199542787047 CNY = 32.2799314180571 CNY
Maldivian Rufiyaa to Chinese Yuan Conversion Table
| Maldivian Rufiyaa | Chinese Yuan |
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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.
Chinese Yuan
The Chinese Yuan (CNY) is the official currency of China, also known as Renminbi (RMB), and is used for all monetary transactions within the country.
History/Origin
The Chinese Yuan was introduced in 1949 following the establishment of the People's Republic of China. It has undergone various reforms and reforms, including decimalization in the 1950s and modernization efforts in recent decades to stabilize and internationalize the currency.
Current Use
Today, the CNY is widely used domestically across China and is increasingly recognized internationally, with the Chinese government promoting its use in global trade and finance. It is also a component of the International Monetary Fund's Special Drawing Rights (SDR).