Convert Maldivian Rufiyaa to Indian Rupee
Please provide values below to convert Maldivian Rufiyaa [MVR] to Indian Rupee [INR], or Convert Indian Rupee to Maldivian Rufiyaa.
How to Convert Maldivian Rufiyaa to Indian Rupee
1 MVR = 0.178709138959083 INR
Example: convert 15 MVR to INR:
15 MVR = 15 × 0.178709138959083 INR = 2.68063708438625 INR
Maldivian Rufiyaa to Indian Rupee 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.
Indian Rupee
The Indian Rupee (INR) is the official currency of India, used for everyday transactions and financial exchanges within the country.
History/Origin
The Indian Rupee has a history dating back to ancient India, where it was used as a silver coin. It was formally adopted as the official currency during British rule and has evolved through various denominations and reforms to its current form.
Current Use
Today, the INR is widely used across India for all forms of monetary transactions, both cash and digital, and is managed by the Reserve Bank of India. It is also accepted in some neighboring countries and is a recognized currency in international trade.