Convert Maldivian Rufiyaa to South Korean Won
Please provide values below to convert Maldivian Rufiyaa [MVR] to South Korean Won [KRW], or Convert South Korean Won to Maldivian Rufiyaa.
How to Convert Maldivian Rufiyaa to South Korean Won
1 MVR = 0.0111662965350356 KRW
Example: convert 15 MVR to KRW:
15 MVR = 15 × 0.0111662965350356 KRW = 0.167494448025534 KRW
Maldivian Rufiyaa to South Korean Won Conversion Table
| Maldivian Rufiyaa | South Korean Won |
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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.
South Korean Won
The South Korean Won (KRW) is the official currency of South Korea, used for all monetary transactions within the country.
History/Origin
The Won was first introduced in 1945, replacing the Korean yen. It has undergone several redenominations and reforms, with the current form established in 1962 to stabilize the economy after periods of inflation.
Current Use
Today, the South Korean Won is widely used in South Korea for everyday transactions, banking, and international trade, and is managed by the Bank of Korea.