Convert Maldivian Rufiyaa to Djiboutian Franc
Please provide values below to convert Maldivian Rufiyaa [MVR] to Djiboutian Franc [DJF], or Convert Djiboutian Franc to Maldivian Rufiyaa.
How to Convert Maldivian Rufiyaa to Djiboutian Franc
1 MVR = 0.0868676183456091 DJF
Example: convert 15 MVR to DJF:
15 MVR = 15 × 0.0868676183456091 DJF = 1.30301427518414 DJF
Maldivian Rufiyaa to Djiboutian Franc Conversion Table
| Maldivian Rufiyaa | Djiboutian Franc |
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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.
Djiboutian Franc
The Djiboutian Franc (DJF) is the official currency of Djibouti, used for all monetary transactions within the country.
History/Origin
The Djiboutian Franc was introduced in 1949, replacing the French Franc at par, and has been the country's official currency since then, with its value maintained by the Central Bank of Djibouti.
Current Use
The DJF is widely used in Djibouti for everyday transactions, banking, and trade, and is pegged to the US dollar at a fixed rate to ensure stability.