Convert Maldivian Rufiyaa to Nicaraguan Córdoba
Please provide values below to convert Maldivian Rufiyaa [MVR] to Nicaraguan Córdoba [NIO], or Convert Nicaraguan Córdoba to Maldivian Rufiyaa.
How to Convert Maldivian Rufiyaa to Nicaraguan Córdoba
1 MVR = 0.419673681978568 NIO
Example: convert 15 MVR to NIO:
15 MVR = 15 × 0.419673681978568 NIO = 6.29510522967852 NIO
Maldivian Rufiyaa to Nicaraguan Córdoba Conversion Table
| Maldivian Rufiyaa | Nicaraguan Córdoba |
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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.
Nicaraguan Córdoba
The Nicaraguan Córdoba (NIO) is the official currency of Nicaragua, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Nicaraguan Córdoba was introduced in 1912, replacing the Nicaraguan peso. It has undergone several redenominations and reforms, with the current version being issued in 1998 to stabilize the economy after periods of inflation.
Current Use
Today, the Nicaraguan Córdoba is the primary legal tender in Nicaragua, used in all financial transactions, banking, and commerce across the country.