Convert Maldivian Rufiyaa to Brazilian Real
Please provide values below to convert Maldivian Rufiyaa [MVR] to Brazilian Real [BRL], or Convert Brazilian Real to Maldivian Rufiyaa.
How to Convert Maldivian Rufiyaa to Brazilian Real
1 MVR = 2.77316328363571 BRL
Example: convert 15 MVR to BRL:
15 MVR = 15 × 2.77316328363571 BRL = 41.5974492545357 BRL
Maldivian Rufiyaa to Brazilian Real 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.
Brazilian Real
The Brazilian Real (BRL) is the official currency of Brazil, used for all monetary transactions within the country.
History/Origin
Introduced in 1994 to stabilize the Brazilian economy and curb hyperinflation, the Real replaced the Cruzeiro and has undergone several reforms and currency changes since its inception.
Current Use
The BRL is widely used in Brazil for everyday transactions, banking, and international trade, and is recognized as a stable currency in Latin America.