Convert Maldivian Rufiyaa to Singapore Dollar
Please provide values below to convert Maldivian Rufiyaa [MVR] to Singapore Dollar [SGD], or Convert Singapore Dollar to Maldivian Rufiyaa.
How to Convert Maldivian Rufiyaa to Singapore Dollar
1 MVR = 12.0639212315386 SGD
Example: convert 15 MVR to SGD:
15 MVR = 15 × 12.0639212315386 SGD = 180.95881847308 SGD
Maldivian Rufiyaa to Singapore Dollar Conversion Table
Maldivian Rufiyaa | Singapore Dollar |
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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.
Singapore Dollar
The Singapore Dollar (SGD) is the official currency of Singapore, used for all monetary transactions within the country.
History/Origin
The Singapore Dollar was introduced in 1967, replacing the Malayan dollar, and has since evolved into a stable currency managed by the Monetary Authority of Singapore.
Current Use
Today, the SGD is widely used in Singapore for everyday transactions, banking, and international trade, and is considered a major Asian currency.