Convert Peruvian Nuevo Sol to Maldivian Rufiyaa
Please provide values below to convert Peruvian Nuevo Sol [PEN] to Maldivian Rufiyaa [MVR], or Convert Maldivian Rufiyaa to Peruvian Nuevo Sol.
How to Convert Peruvian Nuevo Sol to Maldivian Rufiyaa
1 PEN = 0.230447850137969 MVR
Example: convert 15 PEN to MVR:
15 PEN = 15 × 0.230447850137969 MVR = 3.45671775206954 MVR
Peruvian Nuevo Sol to Maldivian Rufiyaa Conversion Table
| Peruvian Nuevo Sol | Maldivian Rufiyaa |
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Peruvian Nuevo Sol
The Peruvian Nuevo Sol (PEN) is the official currency of Peru, used for all monetary transactions within the country.
History/Origin
Introduced in 1991 to replace the Peruvian Sol, the Nuevo Sol was established to stabilize the economy and control inflation. It has undergone several reforms and is now the stable currency of Peru.
Current Use
The Nuevo Sol is widely used in everyday transactions, banking, and financial markets in Peru. It is subdivided into 100 céntimos and remains the country's primary legal tender.
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.