Convert Maldivian Rufiyaa to Thai Baht
Please provide values below to convert Maldivian Rufiyaa [MVR] to Thai Baht [THB], or Convert Thai Baht to Maldivian Rufiyaa.
How to Convert Maldivian Rufiyaa to Thai Baht
1 MVR = 0.479259668576892 THB
Example: convert 15 MVR to THB:
15 MVR = 15 × 0.479259668576892 THB = 7.18889502865338 THB
Maldivian Rufiyaa to Thai Baht 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.
Thai Baht
The Thai Baht (THB) is the official currency of Thailand, used for all monetary transactions within the country.
History/Origin
The Thai Baht has been the official currency of Thailand since the late 19th century, evolving from the traditional tical and undergoing various reforms, including decimalization in 1897 and a series of currency reforms to stabilize its value.
Current Use
The Thai Baht is widely used in Thailand for everyday transactions, banking, and international trade. It is also traded on the foreign exchange market and is considered a stable currency in Southeast Asia.