Convert Maldivian Rufiyaa to Bahamian Dollar
Please provide values below to convert Maldivian Rufiyaa [MVR] to Bahamian Dollar [BSD], or Convert Bahamian Dollar to Maldivian Rufiyaa.
How to Convert Maldivian Rufiyaa to Bahamian Dollar
1 MVR = 15.4382 BSD
Example: convert 15 MVR to BSD:
15 MVR = 15 × 15.4382 BSD = 231.573 BSD
Maldivian Rufiyaa to Bahamian Dollar Conversion Table
| Maldivian Rufiyaa | Bahamian Dollar |
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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.
Bahamian Dollar
The Bahamian Dollar (BSD) is the official currency of The Bahamas, subdivided into 100 cents, used for all monetary transactions within the country.
History/Origin
Introduced in 1966, replacing the Bahamian pound, the Bahamian Dollar was initially pegged to the US dollar at par and has maintained a stable exchange rate since its inception.
Current Use
The Bahamian Dollar is widely used across The Bahamas for everyday transactions, banking, and trade, and is also accepted in some neighboring regions and for tourism-related activities.