Convert Bitcoin to Maldivian Rufiyaa
Please provide values below to convert Bitcoin [BTC] to Maldivian Rufiyaa [MVR], or Convert Maldivian Rufiyaa to Bitcoin.
How to Convert Bitcoin to Maldivian Rufiyaa
1 BTC = 5.47337711041189e-07 MVR
Example: convert 15 BTC to MVR:
15 BTC = 15 × 5.47337711041189e-07 MVR = 8.21006566561783e-06 MVR
Bitcoin to Maldivian Rufiyaa Conversion Table
| Bitcoin | Maldivian Rufiyaa |
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Bitcoin
Bitcoin (BTC) is a decentralized digital currency that enables peer-to-peer transactions without the need for a central authority or intermediary.
History/Origin
Bitcoin was created in 2009 by an anonymous person or group known as Satoshi Nakamoto, introducing blockchain technology to ensure secure and transparent transactions. It was the first cryptocurrency and sparked the development of numerous other digital currencies.
Current Use
Bitcoin is widely used for online purchases, investment, remittances, and as a store of value. It is also accepted by some merchants and businesses worldwide and is increasingly integrated into financial markets and services.
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.