Convert Maldivian Rufiyaa to Algerian Dinar
Please provide values below to convert Maldivian Rufiyaa [MVR] to Algerian Dinar [DZD], or Convert Algerian Dinar to Maldivian Rufiyaa.
How to Convert Maldivian Rufiyaa to Algerian Dinar
1 MVR = 0.118754562468414 DZD
Example: convert 15 MVR to DZD:
15 MVR = 15 × 0.118754562468414 DZD = 1.78131843702621 DZD
Maldivian Rufiyaa to Algerian Dinar Conversion Table
| Maldivian Rufiyaa | Algerian Dinar |
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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.
Algerian Dinar
The Algerian Dinar (DZD) is the official currency of Algeria, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Algerian Dinar was introduced in 1964, replacing the Algerian franc after independence, and has undergone several reforms to stabilize the economy and control inflation.
Current Use
Today, the Dinar remains the official currency of Algeria, used in all financial transactions, banking, and commerce across the country.