IDR to MVR Exchange Rate - Convert Indonesian Rupiah to Maldives Rufiyaa

Converting from Indonesian Rupiah (IDR) to Maldives Rufiyaa (MVR)

What is Indonesian Rupiah (IDR)

The Indonesian Rupiah, abbreviated as IDR, is the official currency of Indonesia. It is denoted by the symbol "Rp". The Rupiah is divided into 100 sen, although sen coins are rarely used in everyday transactions. The currency plays a crucial role in Indonesia's economy, which is one of the largest in Southeast Asia.

Introduced in 1946, the Rupiah has undergone several changes and redenominations due to economic challenges, including periods of high inflation. Today, the currency is managed by Bank Indonesia, the nation's central bank, which strives to maintain monetary stability while promoting economic growth.

The exchange rate of the Rupiah can be quite volatile, influenced by various factors such as domestic economic conditions, foreign investment, and global market trends. For travelers and businesses operating in Indonesia, understanding the current exchange rate and the currency's value compared to other currencies is essential.

When converting IDR to other currencies, it is important to check for the most accurate and up-to-date rates, as these can fluctuate significantly. Currency exchange services, banks, and online finance platforms usually provide live exchange rates, making it easier to make informed decisions.

What is Maldives Rufiyaa (MVR)

The Maldives Rufiyaa, known by its abbreviation MVR, is the official currency of the Maldives, a tropical paradise in the Indian Ocean. The Rufiyaa is represented by the symbol "Rf" and is divided into 100 laari. Introduced in 1981 to replace the Maldive's previous currency, the Rufiyaa is issued and regulated by the Maldives Monetary Authority (MMA).

The economic structure of the Maldives heavily relies on tourism, fishing, and agriculture, which significantly impacts the value of the Rufiyaa. The currency's stability is crucial for maintaining the Maldives' position as a popular tourist destination.

Similar to the Indonesian Rupiah, the exchange rate of the Maldivian Rufiyaa can be influenced by various factors, including global economic conditions, local demand for foreign currency, and tourism trends. Therefore, obtaining the latest exchange rates is important for travelers and businesses dealing with currency conversion.

For individuals planning to travel from Indonesia to the Maldives, converting IDR to MVR is an essential step. It is advisable to compare different exchange services and check for additional fees that may be incurred during the conversion process. Currency exchange centers, banks, and online platforms usually provide favorable rates for travelers exchanging larger amounts.

Understanding the value of both currencies aids in making financial decisions, whether for travel, investment, or business operations, ensuring that individuals can efficiently budget and plan their expenses.

Indonesian Rupiah to Maldives Rufiyaa conversion table

IDR to MVR conversion table

Indonesian Rupiah (IDR)Maldives Rufiyaa (MVR)
1 IDR0.00094744507 MVR
2 IDR0.00189489015 MVR
3 IDR0.00284233522 MVR
4 IDR0.00378978029 MVR
5 IDR0.00473722537 MVR
6 IDR0.00568467044 MVR
7 IDR0.00663211551 MVR
8 IDR0.00757956058 MVR
9 IDR0.00852700566 MVR
10 IDR0.00947445073 MVR
100 IDR0.09474450731 MVR
200 IDR0.18948901462 MVR
300 IDR0.28423352193 MVR
400 IDR0.37897802923 MVR
500 IDR0.47372253654 MVR
600 IDR0.56846704385 MVR
700 IDR0.66321155116 MVR
800 IDR0.75795605847 MVR
900 IDR0.85270056578 MVR
1 000 IDR0.94744507308 MVR
2 000 IDR1.89489014617 MVR
5 000 IDR4.73722536542 MVR
10 000 IDR9.47445073085 MVR
20 000 IDR18.94890146169 MVR
50 000 IDR47.37225365424 MVR
100 000 IDR94.74450730847 MVR
Last updated June 10, 2025 at 11:55 PM