Convert Maldivian Rufiyaa to Indonesian Rupiah
Please provide values below to convert Maldivian Rufiyaa [MVR] to Indonesian Rupiah [IDR], or Convert Indonesian Rupiah to Maldivian Rufiyaa.
How to Convert Maldivian Rufiyaa to Indonesian Rupiah
1 MVR = 0.000947830275278812 IDR
Example: convert 15 MVR to IDR:
15 MVR = 15 × 0.000947830275278812 IDR = 0.0142174541291822 IDR
Maldivian Rufiyaa to Indonesian Rupiah Conversion Table
| Maldivian Rufiyaa | Indonesian Rupiah |
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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.
Indonesian Rupiah
The Indonesian Rupiah (IDR) is the official currency of Indonesia, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Rupiah was introduced in 1946 to replace the Dutch East Indies gulden. It has undergone various reforms and redenominations over the years, especially following Indonesia's independence and economic changes, to stabilize the economy and control inflation.
Current Use
Today, the Rupiah is widely used across Indonesia for all forms of financial transactions, including cash payments, banking, and digital transactions. It remains the official legal tender of Indonesia.