Convert Maldivian Rufiyaa to Malaysian Ringgit
Please provide values below to convert Maldivian Rufiyaa [MVR] to Malaysian Ringgit [MYR], or Convert Malaysian Ringgit to Maldivian Rufiyaa.
How to Convert Maldivian Rufiyaa to Malaysian Ringgit
1 MVR = 3.64848513494352 MYR
Example: convert 15 MVR to MYR:
15 MVR = 15 × 3.64848513494352 MYR = 54.7272770241528 MYR
Maldivian Rufiyaa to Malaysian Ringgit Conversion Table
| Maldivian Rufiyaa | Malaysian Ringgit |
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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.
Malaysian Ringgit
The Malaysian Ringgit (MYR) is the official currency of Malaysia, used for all monetary transactions within the country.
History/Origin
The Ringgit was introduced in 1967, replacing the Malayan dollar. It was initially pegged to the British Pound and later to the US Dollar, with a floating exchange rate established in 1998.
Current Use
The MYR is widely used in Malaysia for everyday transactions, banking, and international trade, and is managed by Bank Negara Malaysia, the country's central bank.