Convert Maldivian Rufiyaa to Euro
Please provide values below to convert Maldivian Rufiyaa [MVR] to Euro [EUR], or Convert Euro to Maldivian Rufiyaa.
How to Convert Maldivian Rufiyaa to Euro
1 MVR = 18.1050779875689 EUR
Example: convert 15 MVR to EUR:
15 MVR = 15 × 18.1050779875689 EUR = 271.576169813533 EUR
Maldivian Rufiyaa to Euro 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.
Euro
The euro (EUR) is the official currency of the Eurozone, used by 19 of the 27 European Union member states, and is one of the world's major reserve currencies.
History/Origin
The euro was introduced in electronic form in 1999 and banknotes and coins entered circulation on January 1, 2002, replacing national currencies and fostering economic integration within the Eurozone.
Current Use
The euro is widely used across the Eurozone countries for everyday transactions, international trade, and as a reserve currency held by central banks worldwide.