Convert Maldivian Rufiyaa to British Pound Sterling
Convert Maldivian Rufiyaa (MVR) to British Pound Sterling (GBP) 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 British Pound Sterling
The British Pound Sterling (GBP), symbolised by the pound sign "£", is the world's oldest currency still in use, with roots dating to Anglo-Saxon England in the 8th century. It is the fourth most traded currency in global forex markets and the third largest reserve currency after the US Dollar and Euro. The Bank of England, established in 1694, is the world's second oldest central bank and manages UK monetary policy. The pound is divided into 100 pence. Following Brexit in 2020, the UK maintains full monetary independence.
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).