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.

Danish Krone

Danish Krone

The krone (Danish pronunciation: [ˈkʁoːnə]; plural: kroner; sign: kr.; code: DKK) is the official currency of Denmark, Greenland and the Faroe Islands, introduced on 1 January 1875. Both the ISO code "DKK" and currency sign "kr." are in common use; the former precedes the value, the latter in some contexts follows it. The currency is sometimes referred to as the Danish crown in English, since krone literally means crown. Historically, krone coins have been minted in Denmark since the 17th century. One krone is subdivided into 100 øre (Danish pronunciation: [ˈøːɐ]; singular and plural), the name øre possibly deriving from Latin aureus meaning "gold coin". Altogether there are eleven denominations of the krone, with the smallest being the 50 øre coin, which is valued at one half of a krone. Formerly there were more øre coins, but those were discontinued due to inflation. The krone is pegged to the euro via the ERM II, the European Union's exchange rate mechanism. Adoption of the euro is favoured by some of the major political parties, however a 2000 referendum on joining the Eurozone was defeated with 53.2% voting to maintain the krone and 46.8% voting to join the Eurozone.

2 Maldivian Rufiyaa to Danish Krone exchange rates chart

2 MVR to DKK exchange rates graph
2 MVR to DKK 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.

2 MVR to DKK exchange rates table

Exchange MVR to DKK
2 Maldivian Rufiyaa = 0.838 Danish Krone
4 Maldivian Rufiyaa = 1.676 Danish Krone
10 Maldivian Rufiyaa = 4.190 Danish Krone
20 Maldivian Rufiyaa = 8.379 Danish Krone
Exchange Maldivian Rufiyaa to Danish Krone
2 Maldivian Rufiyaa to Danish Krone 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.

2 MVR to DKK 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

2 MVR to DKK currency converter