Convert Maldivian Rufiyaa to Swiss Franc
Convert Maldivian Rufiyaa (MVR) to Swiss Franc (CHF) using daily updated exchange rates.
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Exchange Rate
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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.
About Swiss Franc
The Swiss Franc (CHF) is the official currency of Switzerland and Liechtenstein, and one of the most important safe-haven currencies in the world. The name "franc" derives from the Latin "Francorum Rex" (King of the Franks). Switzerland is not a European Union member and has maintained its own currency, which regularly appreciates during global financial uncertainty due to Switzerland's political neutrality, strong banking sector, and fiscal discipline. The Swiss National Bank (SNB) manages monetary policy.
Quick Reference Table
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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).