Convert Algerian Dinar to Maldivian Rufiyaa
Convert Algerian Dinar (DZD) to Maldivian Rufiyaa (MVR) using daily updated exchange rates.
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Exchange Rate
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About Algerian Dinar
The Algerian Dinar (DZD) has been the official currency of Algeria since 1964, replacing the Algerian franc used during the French colonial period. The Banque d'Algerie manages monetary policy. Algeria is the largest country in Africa by land area and holds significant hydrocarbon reserves - oil and natural gas account for the majority of government revenues and export earnings. The dinar operates under a managed float exchange regime and is not freely convertible. Algeria has used foreign exchange controls and import restrictions to manage its balance of payments.
About Maldivian Rufiyaa
The Maldivian Rufiyaa (MVR) is the official currency of the Maldives, an archipelago of 1,200 coral islands in the Indian Ocean. The Maldives Monetary Authority (MMA) manages monetary policy. The rufiyaa is pegged to the US Dollar at a rate of approximately 15.42 MVR per USD within a narrow band. The Maldivian economy is almost entirely dependent on tourism - the Maldives is one of the world's premier luxury travel destinations - and fishing. The tourism sector accounts for around 25% of GDP directly and far more indirectly. The rufiyaa is divided into 100 laari.
Quick Reference Table
| Algerian Dinar (DZD) | Maldivian Rufiyaa (MVR) |
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Exchange rates are updated daily and provided for informational purposes only. Not suitable for financial transactions. Source: fawazahmed0/exchange-api (MIT license).