Convert Maldivian Rufiyaa to Canadian Dollar
Please provide values below to convert Maldivian Rufiyaa [MVR] to Canadian Dollar [CAD], or Convert Canadian Dollar to Maldivian Rufiyaa.
How to Convert Maldivian Rufiyaa to Canadian Dollar
1 MVR = 11.3307889908257 CAD
Example: convert 15 MVR to CAD:
15 MVR = 15 × 11.3307889908257 CAD = 169.961834862385 CAD
Maldivian Rufiyaa to Canadian 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.
Canadian Dollar
The Canadian Dollar (CAD) is the official currency of Canada, used as the country's primary medium of exchange and store of value.
History/Origin
The Canadian Dollar was introduced in 1858, replacing the Canadian pound, and has since evolved into a stable currency, with its value influenced by Canada's economic policies and global markets.
Current Use
Today, the CAD is widely used in Canada for everyday transactions, international trade, and as a reserve currency, with its value fluctuating based on economic conditions and currency markets.