Convert Maldivian Rufiyaa to Sri Lankan Rupee
Convert Maldivian Rufiyaa (MVR) to Sri Lankan Rupee (LKR) 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 Sri Lankan Rupee
The Sri Lankan Rupee (LKR) has been the official currency of Sri Lanka since 1872, with the Central Bank of Sri Lanka (CBSL) managing monetary policy since 1950. Sri Lanka experienced a severe economic crisis in 2022, running out of foreign exchange reserves, causing widespread fuel, medicine, and food shortages that led to political upheaval and the resignation of the president. An IMF bailout agreement in 2023 helped stabilise the situation. Sri Lanka's economy is based on tourism, garment exports, tea (a world-leading exporter), and remittances.
Quick Reference Table
| Maldivian Rufiyaa (MVR) | Sri Lankan Rupee (LKR) |
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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).