Convert Macedonian Denar to Maldivian Rufiyaa
Convert Macedonian Denar (MKD) to Maldivian Rufiyaa (MVR) using daily updated exchange rates.
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Exchange Rate
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About Macedonian Denar
The Macedonian Denar (MKD) has been the official currency of North Macedonia since 1992, replacing the Yugoslav dinar following the country's independence. The name "denar" derives from the ancient Roman silver coin "denarius". The National Bank of the Republic of North Macedonia manages monetary policy with a fixed exchange rate de facto pegged to the Euro. North Macedonia is a small Balkan country with an economy based on steel, iron, lead, zinc, manganese, chromite, and tungsten mining, as well as agriculture and light manufacturing.
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
| Macedonian Denar (MKD) | 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).