Convert Maldivian Rufiyaa to Indonesian Rupiah
Convert Maldivian Rufiyaa (MVR) to Indonesian Rupiah (IDR) 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 Indonesian Rupiah
The Indonesian Rupiah (IDR) is the official currency of Indonesia, the world's fourth most populous country and largest archipelago nation. The word "rupiah" derives from the Sanskrit "rupyakam" (silver). First issued in 1946, the rupiah replaced the Dutch colonial guilder. Bank Indonesia manages monetary policy. Indonesia is a member of the G20 and has one of Southeast Asia's largest economies, driven by natural resource exports (coal, palm oil, rubber, metals) and a growing domestic consumer market.
Quick Reference Table
| Maldivian Rufiyaa (MVR) | Indonesian Rupiah (IDR) |
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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).