Convert Maldivian Rufiyaa to Ethiopian Birr
Please provide values below to convert Maldivian Rufiyaa [MVR] to Ethiopian Birr [ETB], or Convert Ethiopian Birr to Maldivian Rufiyaa.
How to Convert Maldivian Rufiyaa to Ethiopian Birr
1 MVR = 0.112986800080798 ETB
Example: convert 15 MVR to ETB:
15 MVR = 15 × 0.112986800080798 ETB = 1.69480200121197 ETB
Maldivian Rufiyaa to Ethiopian Birr Conversion Table
| Maldivian Rufiyaa | Ethiopian Birr |
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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.
Ethiopian Birr
The Ethiopian Birr (ETB) is the official currency of Ethiopia, used for all monetary transactions within the country.
History/Origin
The Birr was introduced in 1894, replacing the Maria Theresa thaler, and has undergone various reforms and decimalization over the years to modernize Ethiopia's currency system.
Current Use
Today, the Ethiopian Birr is actively used as Ethiopia's legal tender, with coins and banknotes circulating for everyday transactions and economic activities.