Convert Maldivian Rufiyaa to Swedish Krona
Please provide values below to convert Maldivian Rufiyaa [MVR] to Swedish Krona [SEK], or Convert Swedish Krona to Maldivian Rufiyaa.
How to Convert Maldivian Rufiyaa to Swedish Krona
1 MVR = 1.61753088230672 SEK
Example: convert 15 MVR to SEK:
15 MVR = 15 × 1.61753088230672 SEK = 24.2629632346008 SEK
Maldivian Rufiyaa to Swedish Krona 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.
Swedish Krona
The Swedish Krona (SEK) is the official currency of Sweden, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Swedish Krona was introduced in 1873, replacing the Riksdaler. It was initially pegged to gold and later transitioned to a floating exchange rate system. The currency has undergone various reforms, including decimalization in 1874 and modernization efforts in the 20th and 21st centuries.
Current Use
Today, the Swedish Krona is widely used across Sweden for all financial transactions, including cash, digital payments, and banking, and is recognized as a stable and integral part of the country's economy.