Convert Maldivian Rufiyaa to Japanese Yen
Please provide values below to convert Maldivian Rufiyaa [MVR] to Japanese Yen [JPY], or Convert Japanese Yen to Maldivian Rufiyaa.
How to Convert Maldivian Rufiyaa to Japanese Yen
1 MVR = 0.10514250377304 JPY
Example: convert 15 MVR to JPY:
15 MVR = 15 × 0.10514250377304 JPY = 1.5771375565956 JPY
Maldivian Rufiyaa to Japanese Yen Conversion Table
| Maldivian Rufiyaa | Japanese Yen |
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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.
Japanese Yen
The Japanese Yen (JPY) is the official currency of Japan, used as the country's primary medium of exchange.
History/Origin
Introduced in 1871 during the Meiji Restoration, the Yen replaced the previous complex monetary system and has undergone various reforms, including decimalization in 1954, to modernize Japan's currency system.
Current Use
The Yen is widely used in Japan for everyday transactions, banking, and international trade, and is one of the most traded currencies globally.