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About this currency pair
Maldivian Rufiyaa (MVR) — the currency of the Maldives
The rufiyaa is the Maldives’ national currency and is often encountered in tourism, resort pricing and travel budgeting. The Maldivian Rufiyaa is used in Maldives, where it provides the reference for local prices, wages, public payments, bank accounts and invoices. It often appears in remittance flows, travel budgets, outsourcing invoices, import prices and household cost comparisons. For conversion pages, MVR is useful when translating local prices into major reference currencies or comparing historical and current market values.
Euro (EUR) — the shared currency of the eurozone
The euro is the shared currency of the eurozone, used across many European economies rather than a single country. It was introduced for accounting and electronic payments in 1999 and euro cash followed in 2002, making it a common reference for travel, online shopping, invoices, salaries, savings and cross-border business inside Europe. It is also one of the main currencies followed in global foreign-exchange markets.