Convert British Pound Sterling to Maldivian Rufiyaa
Please provide values below to convert British Pound Sterling [GBP] to Maldivian Rufiyaa [MVR], or Convert Maldivian Rufiyaa to British Pound Sterling.
How to Convert British Pound Sterling to Maldivian Rufiyaa
1 GBP = 0.0479460040678317 MVR
Example: convert 15 GBP to MVR:
15 GBP = 15 × 0.0479460040678317 MVR = 0.719190061017476 MVR
British Pound Sterling to Maldivian Rufiyaa Conversion Table
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British Pound Sterling
The British Pound Sterling (GBP) is the official currency of the United Kingdom and its territories, used as a standard unit of monetary value.
History/Origin
The Pound Sterling is one of the oldest currencies still in use, dating back to the 8th century. It was originally a silver coin and has evolved through various forms, including the gold standard and fiat currency, becoming the UK's primary currency in the 19th century.
Current Use
Today, the GBP is widely used in the UK and its territories, serving as the main currency for everyday transactions, banking, and international trade. It is also a major reserve currency globally.
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.