Convert Indian Rupee to Maldivian Rufiyaa
Please provide values below to convert Indian Rupee [INR] to Maldivian Rufiyaa [MVR], or Convert Maldivian Rufiyaa to Indian Rupee.
How to Convert Indian Rupee to Maldivian Rufiyaa
1 INR = 5.59568473008511 MVR
Example: convert 15 INR to MVR:
15 INR = 15 × 5.59568473008511 MVR = 83.9352709512767 MVR
Indian Rupee to Maldivian Rufiyaa Conversion Table
| Indian Rupee | Maldivian Rufiyaa |
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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.
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.