Maldivian Rufiyaa

Maldivian Rufiyaa

The Maldivian rufiyaa (Dhivehi: ދިވެހި ރުފިޔާ; sign: Rf or .ރ; code: MVR) is the currency of the Maldives. The issuance of the currency is controlled by the Maldives Monetary Authority (MMA). The most commonly used symbols for the rufiyaa are MRF and Rf. The ISO 4217 code for Maldivian rufiyaa is MVR. The rufiyaa is subdivided into 100 laari. The name "rufiyaa" is derived from the Sanskrit रूप्य (rūpya, wrought silver). The midpoint of exchange rate is 12.85 rufiyaa per US dollar and the rate is permitted to fluctuate within a ±20% band, i.e. between 10.28 rufiyaa and 15.42 rufiyaa as of 10 April 2011.

Canadian Dollar

Canadian Dollar

The Canadian dollar (symbol: $; code: CAD; French: dollar canadien) is the currency of Canada. It is abbreviated with the dollar sign $, or sometimes Can$ or C$ to distinguish it from other dollar-denominated currencies. It is divided into 100 cents (¢). Owing to the image of a loon on the one-dollar coin, the currency is sometimes referred to as the loonie by foreign exchange traders and analysts, as it is by Canadians in general, or huard in French. Accounting for approximately 2% of all global reserves, the Canadian dollar is the fifth most held reserve currency in the world, behind the U.S. dollar, the euro, the yen and the pound sterling. The Canadian dollar is popular with central banks because of Canada's relative economic soundness, the Canadian government's strong sovereign position, and the stability of the country's legal and political systems.

11 Maldivian Rufiyaa to Canadian Dollar exchange rates chart

11 MVR to CAD exchange rates graph
11 MVR to CAD Spot rate – This is known more formally as the ‘interbank’ rate. It is the rate banks or large financial institutions charge each other when trading significant amounts of foreign currency. In the business, this is sometimes referred to as a ‘spot rate’. It is not the tourist rate and you cannot buy currency at this rate, as you are buying relatively small amounts of foreign currency. In everyday life it is the same as the difference between wholesale and retail prices. The rates shown in financial newspapers and in broadcast media are usually the interbank rates.

11 MVR to CAD exchange rates table

Exchange MVR to CAD
11 Maldivian Rufiyaa = 0.940 Canadian Dollar
22 Maldivian Rufiyaa = 1.879 Canadian Dollar
55 Maldivian Rufiyaa = 4.699 Canadian Dollar
110 Maldivian Rufiyaa = 9.397 Canadian Dollar
Exchange Maldivian Rufiyaa to Canadian Dollar
11 Maldivian Rufiyaa to Canadian Dollar Cross rate – This is the rate we give to customers who want to exchange currencies that do not involve the local currency. For example, if you want to exchange Australian dollars into US dollars.

11 MVR to CAD exchange rates news

Maldives' Opposition-Aligned TV Channel Appeals for Help After Regulator Imposes Heavy Fines

Raajje TV has been charged under the Maldives' new and tougher defamation law, which the international community has described as posing a threat to the media, opposition and freedom of speech.

about 2 months conditional positive
Maldives opposition seeks to bar president from leaving country

Lawyers ask police to stop defeated President Abdulla Yameen from leaving country over corruption allegations.

2 months indicative neutral
Maldives debut sovereign bond could hurt private sector borrowing - opposition

The Maldives government's move to raise a $200 million via a debut sovereign bond could hurt the private sector's foreign borrowing, the main opposition said on Saturday.

over 1 year conditional negative
Maldives hit by anti-government protests
Maldives hit by anti-government protests

As tiny archipelago nation in Indian Ocean struggles with inflation, anti-government protesters clash with police

over 1 year subjunctive neutral
Transferring money to Philippines from Canada | Philippine Canadian Inquirer
Transferring money to Philippines from Canada | Philippine Canadian Inquirer

Transfer of funds between countries. A struggle we all know all too well, but seems like wherever we turn our head, there are more fees lurking in the...

5 days indicative neutral
Jamaican dollar dips more than $1 against US in a day

The Jamaican dollar depreciated by $1.08 against the US dollar on Thursday, according to the trading summary from the Bank of Jamaica (BOJ). It closed at $130.65 again

5 days indicative negative
Jamaican dollar declines 10 cents vs greenback

The Jamaican dollar devalued by 10 cents against the United States dollar during Wednesday’s trading, according to the trading summary from the Bank of Jamaica (BOJ)

6 days indicative negative
Jamaican dollar closes at $129.47

The Jamaican dollar devalued by 42 cents against the US dollar during Tuesday’s trading day according to the trading summary from the Bank of Jamaica (BOJ). The Jamaic

7 days indicative negative

11 MVR to CAD currency converter