Convert Maldivian Rufiyaa to Somali Shilling
Please provide values below to convert Maldivian Rufiyaa [MVR] to Somali Shilling [SOS], or Convert Somali Shilling to Maldivian Rufiyaa.
How to Convert Maldivian Rufiyaa to Somali Shilling
1 MVR = 0.0270163285848583 SOS
Example: convert 15 MVR to SOS:
15 MVR = 15 × 0.0270163285848583 SOS = 0.405244928772875 SOS
Maldivian Rufiyaa to Somali Shilling Conversion Table
| Maldivian Rufiyaa | Somali Shilling |
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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.
Somali Shilling
The Somali Shilling (SOS) is the official currency of Somalia, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Somali Shilling was introduced in 1962, replacing the Somali Somali shilling, and has undergone various reforms and devaluations due to economic challenges and civil unrest over the decades.
Current Use
Today, the Somali Shilling remains the official currency of Somalia, used in cash transactions, with banknotes and coins issued by the Central Bank of Somalia. It is also used in some neighboring regions and for remittances.