USD to MVR Exchange Rate - Convert US Dollar to Maldives Rufiyaa

Converting from US Dollar (USD) to Maldives Rufiyaa (MVR)

What is US Dollar (USD)

The US Dollar (USD) is the official currency of the United States and is one of the most widely recognized and traded currencies in the world. It is represented by the symbol "$" and is subdivided into 100 smaller units called cents. The US Dollar serves as a benchmark in international finance and trade, often regarded as a safe-haven currency during times of economic uncertainty.

The USD is issued and regulated by the Federal Reserve, which is the central banking system of the United States. It has a significant influence not only in the American market but also in many countries that choose to use the dollar as their official currency or in a parallel manner. This phenomenon is known as dollarization. The US Dollar is also the currency used in many international transactions and is held as a reserve currency by governments and institutions around the globe.

Exchange rates for the Dollar fluctuate based on various economic indicators, including inflation rates, interest rates, and political stability. It's essential for anyone looking to convert USD into another currency, such as the Maldives Rufiyaa, to keep an eye on these factors for the most favorable rates.

What is Maldives Rufiyaa (MVR)

The Maldives Rufiyaa (MVR) is the official currency of the Maldives, a tropical paradise located in the Indian Ocean known for its stunning beaches and vibrant marine life. The Rufiyaa is represented by the symbol "Rf" and is divided into 100 laari. The currency is issued by the Maldives Monetary Authority, which oversees the monetary policy and regulations in the country.

One of the unique aspects of the Maldives Rufiyaa is its design, which features images of the country's rich culture, history, and natural beauty. The Rufiyaa is not widely used outside the Maldives, which means if you're planning to travel there, it's vital to convert your money ahead of time, or at local banks and currency exchange centers upon arrival.

When converting USD to MVR, it's important to note that exchange rates can vary widely based on where you exchange your money. As of the latest information, the exchange rate might hover around $1 ≈ Rf 15, but this can fluctuate due to economic conditions and demand. Therefore, always check the current rates and consider any potential fees associated with the conversion.

In summary, whether you're visiting the Maldives for a vacation or conducting business, understanding the conversion from USD to MVR is crucial for making the most of your finances while enjoying this beautiful island nation.

US Dollar to Maldives Rufiyaa conversion table

USD to MVR conversion table

US Dollar (USD)Maldives Rufiyaa (MVR)
1 USD15.41001549787 MVR
2 USD30.82003099574 MVR
3 USD46.23004649361 MVR
4 USD61.64006199148 MVR
5 USD77.05007748934 MVR
6 USD92.46009298721 MVR
7 USD107.87010848508 MVR
8 USD123.28012398295 MVR
9 USD138.69013948082 MVR
10 USD154.10015497869 MVR
100 USD1 541.0015497869 MVR
200 USD3 082.0030995738 MVR
300 USD4 623.0046493607 MVR
400 USD6 164.0061991476 MVR
500 USD7 705.0077489345 MVR
600 USD9 246.0092987214 MVR
700 USD10 787.0108485083 MVR
800 USD12 328.0123982952 MVR
900 USD13 869.0139480821 MVR
1 000 USD15 410.015497869 MVR
2 000 USD30 820.030995738 MVR
5 000 USD77 050.077489345 MVR
10 000 USD154 100.15497869 MVR
20 000 USD308 200.30995738 MVR
50 000 USD770 500.77489345 MVR
100 000 USD1 541 001.5497869 MVR
Last updated February 12, 2025 at 05:55 AM