Convert Maldivian Rufiyaa to Myanma Kyat
Please provide values below to convert Maldivian Rufiyaa [MVR] to Myanma Kyat [MMK], or Convert Myanma Kyat to Maldivian Rufiyaa.
How to Convert Maldivian Rufiyaa to Myanma Kyat
1 MVR = 0.00734508566705364 MMK
Example: convert 15 MVR to MMK:
15 MVR = 15 × 0.00734508566705364 MMK = 0.110176285005805 MMK
Maldivian Rufiyaa to Myanma Kyat Conversion Table
| Maldivian Rufiyaa | Myanma Kyat |
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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.
Myanma Kyat
The Myanma Kyat (MMK) is the official currency of Myanmar, used for all monetary transactions within the country.
History/Origin
The Kyat was introduced in 1952, replacing the Indian Rupee, and has undergone several reforms and redenominations over the years to stabilize Myanmar's economy.
Current Use
Today, the Kyat is the primary currency in Myanmar, used in everyday transactions, banking, and financial markets, with banknotes and coins issued by the Central Bank of Myanmar.