Convert Maldivian Rufiyaa to Australian Dollar
Please provide values below to convert Maldivian Rufiyaa [MVR] to Australian Dollar [AUD], or Convert Australian Dollar to Maldivian Rufiyaa.
How to Convert Maldivian Rufiyaa to Australian Dollar
1 MVR = 10.0956055453832 AUD
Example: convert 15 MVR to AUD:
15 MVR = 15 × 10.0956055453832 AUD = 151.434083180748 AUD
Maldivian Rufiyaa to Australian Dollar 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.
Australian Dollar
The Australian Dollar (AUD) is the official currency of Australia, used in its territories and some Pacific Island nations.
History/Origin
Introduced in 1966, replacing the Australian pound, the AUD was initially pegged to the British pound and later transitioned to a floating exchange rate system in 1983.
Current Use
The AUD is widely used in Australia and its territories, serving as a major currency in international trade and finance, and is one of the most traded currencies globally.