For translation Maldivian rufiyaa in Nigerian Naira enter the desired amount in the left side converter. Swap currencies for reverse transfer. Maldivian rufiyaa in Nigerian Naira can transfer using the Gidfinance-us.com currency converter. Data on our website updated every day – current rate Maldivian rufiyaa to Nigerian Naira downloaded from official sources.
Information updates: 06.04.24 08:00
To calculate the cost of foreign currency conversion, we use market exchange rates 152 currencies of the world.
Country of application:
Maldives
Currency
MVR
Code
462
Symbol
Rf
Coin denominations in circulation:
1, 2, 5, 10, 25, 50 lari, 1 and 2 rufiyaa.
Denominations of banknotes in circulation:
5, 10, 20, 50, 100, 500 and 1000 rufiyaa.
History reference:
The monetary unit of the Republic of Maldives at the moment is the Maldivian rufiyaa. The territory of the state is a ridge of more than 20 island formations of coral origin, which also consist of mo...re than a thousand smaller islets-atolls. The ridge of the Maldives archipelago stretches in a line from north to south. The total land area is approximately 300 square kilometers. Previously, the Maldivian rufiyaa was extremely poorly protected, and rampant diversification created unfavorable economic tariffs within the state, later protection systems were developed - watermarks and perforations. Money is printed on paper, which is purchased by America for the production of dollars, in addition, a wide range of colors is used in production. Banknotes are very small. Rufiyaas are used only within the country and are not in circulation in other countries of the world
Country of application:
Nigeria
Currency
NGN
Code
566
Symbol
₦
Coin denominations in circulation:
50 kobo, 1, 2.
Denominations of banknotes in circulation:
5, 10, 20, 50, 100, 200, 500, 1000 naira.
History reference:
The Nigerian Naira is the currency of Nigeria, the name of the currency comes from the name of the state and the river. The naira was put into circulation on January 1, 1973 instead of the Nigerian p...ound, 1 pound = 2 naira. Thus, Nigeria became the last African state to abandon the duodecimal monetary system. Rampant inflation has occurred in Nigeria. The Central Bank of Nigeria said they were trying to keep the annual inflation rate below 10%. In 2011, CBN increased its key interest rate 6 times from 6.25% to 12%. On January 31, 2012, CBN decided to keep its key interest rate at 12% to reduce the impact of inflation due to cuts in fuel subsidies. On October 25, 2021, eNaira, an electronic analogue of the national currency, was launched in Nigeria. eNaira is not a cryptocurrency, all transactions are controlled by financial government agencies.
50.2228 NGN
100.4456 NGN
150.6684 NGN
200.8912 NGN
251.114 NGN
502.228 NGN
1004.456 NGN
1506.684 NGN
2008.912 NGN
2511.14 NGN
5022.28 NGN
10044.56 NGN
25111.4 NGN
50222.8 NGN
502228 NGN
The Maldivian rufiyaa to Nigerian Naira online calculator is easy to use. It is enough to enter the required number of monetary units for the data to be calculated automatically.
Online currency converter is a tool that will allow you to calculate the ratio of Maldivian rufiyaa to Nigerian Naira for today. The exchange rate of Maldivian rufiyaa to Nigerian Naira today, 06.04.24, today 50.222 MVR to NGN.
Over the past 7 days, the rate of Maldivian rufiyaa to Nigerian Naira has changed by 15.42%, from to 15.42 MVR to NGN.
Over the past 30 days, the Maldivian rufiyaa to Nigerian Naira rate has changed by 0.7%, from 15.32 to 15.42 MVR to NGN.
Over the past 365 days, the Maldivian rufiyaa to Nigerian Naira rate has changed by 0.3%, from 15.38 to 15.42 MVR to NGN.