Convert Maldivian Rufiyaa to Norwegian Krone
Please provide values below to convert Maldivian Rufiyaa [MVR] to Norwegian Krone [NOK], or Convert Norwegian Krone to Maldivian Rufiyaa.
How to Convert Maldivian Rufiyaa to Norwegian Krone
1 MVR = 1.52675092466228 NOK
Example: convert 15 MVR to NOK:
15 MVR = 15 × 1.52675092466228 NOK = 22.9012638699341 NOK
Maldivian Rufiyaa to Norwegian Krone Conversion Table
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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.
Norwegian Krone
The Norwegian Krone (NOK) is the official currency of Norway, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Norwegian Krone was introduced in 1875, replacing the Norwegian Speciedaler, and has undergone various reforms, including decimalization in 1875 and decimal standardization in 1963. It has been Norway's official currency since then.
Current Use
The NOK is actively used in Norway for all financial transactions, including banking, commerce, and international trade. It is also traded on the foreign exchange market and is considered a stable currency within the region.