Convert Bulgarian Lev to Maldivian Rufiyaa
Please provide values below to convert Bulgarian Lev [BGN] to Maldivian Rufiyaa [MVR], or Convert Maldivian Rufiyaa to Bulgarian Lev.
How to Convert Bulgarian Lev to Maldivian Rufiyaa
1 BGN = 0.108017774092835 MVR
Example: convert 15 BGN to MVR:
15 BGN = 15 × 0.108017774092835 MVR = 1.62026661139252 MVR
Bulgarian Lev to Maldivian Rufiyaa Conversion Table
| Bulgarian Lev | Maldivian Rufiyaa |
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Bulgarian Lev
The Bulgarian Lev (BGN) is the official currency of Bulgaria, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Lev was introduced in 1881, replacing the Bulgarian lev of the Ottoman Empire, and has undergone several reforms, most notably in 1999 when the current fixed exchange rate system was established to stabilize the economy.
Current Use
The Bulgarian Lev is the sole legal tender in Bulgaria, widely used in all financial transactions, banking, and commerce within the country, and is pegged to the Euro at a fixed rate.
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.