1 MVR to BMD Bermudian Dollar

December 19, 2022 by pkr_to_usd_786

1 MVR to BMD Bermudian Dollar
Maldives (Maldive Islands) Rufiyaa , The Maldivian rufiyaa (Dhivehi: ; sign: Rf or .; code: MVR) is the currency of the Maldives. The issuance of the currency … >>> Find out more from wikipedia. category >>> MVR

1 MVR to BMD Bermudian Dollar

1 Maldivian Rufiyaa ( MVR ) = 0.064832512568202 Bermudian Dollar (BMD)

1 MVR = 0.064832512568202 BMD

1 BMD = 15.4243597909 MVR

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1 Maldivian Rufiyaa ( MVR ) Is equal to 0.064832512568202 Bermudian Dollar (BMD)
Maldives (Maldive Islands) Rufiyaa
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Maldivian Rufiyaa

Maldives (Maldive Islands) Rufiyaa , The Maldivian rufiyaa (Dhivehi: ދިވެހި ރުފިޔާ; sign: Rf or .ރ; code: MVR) is the currency of the Maldives. The issuance of the currency is controlled by the Maldives Monetary Authority (MMA). The most commonly used symbols for the rufiyaa are MVR and Rf. The ISO 4217 code for Maldivian rufiyaa is MVR. The rufiyaa is subdivided into 100 laari. The name "rufiyaa" is derived from the Sanskrit रूप्य (rūpya, wrought silver). The midpoint of exchange rate is Rf. 12/85 per US dollar and the rate is permitted to fluctuate within a ±20% band, i.e. between Rf. 10/28 and Rf. 15/42 as of 10 April 2017. The earliest form of currency used in the Maldives was cowry shells (Cypraea moneta) and historical accounts of travellers indicate that they were traded in this manner even during the 13th century. As late as 1344, Ibn Batuta observed that more than 40 ships loaded with cowry shells were exported each year. A single gold dinar was worth 400,000 shells. During the 17th and 18th centuries, lārin (parallel straps of silver wire folded in half with dyed Persian and Arabic inscriptions) were imported and traded as currency. This form of currency was used in the Persian Gulf, India, Ceylon and the Far East during this time. Historians agree that this new form of currency was most probably exchanged for cowry shells and indicates Maldives' lucrative trade with these countries. The first Sultan to imprint his own seal onto this currency was Ghaazee Mohamed Thakurufaanu Al Auzam. The seal was much broader than the wires hence it was barely legible. Find out more from wikipedia

Bermudian Dollar

The Bermudian dollar (symbol: $; code: BMD; also abbreviated BD$; informally called the Bermuda dollar) is the official currency of the British Overseas Territory of Bermuda. It is subdivided into 100 cents. The Bermudian dollar is not normally traded outside Bermuda, and is pegged to the United States dollar at a one-to-one ratio. Both currencies circulate in Bermuda on an equal basis. For nearly four hundred years Spanish dollars, known as "pieces of eight" were in widespread use on the world's trading routes, including the Caribbean region. However, following the revolutionary wars in Latin America, the source of these silver trade coins, dried up. The United Kingdom had adopted a very successful gold standard in 1821, and so the year 1825 was an opportune time to introduce the British sterling coinage into all the British colonies. An imperial Order in Council was passed in that year for the purposes of facilitating this aim by making sterling coinage legal tender in the colonies at the specified rate of 1 Spanish dollar to 4 shillings, 4 pence sterling. As the sterling silver coins were attached to a gold standard, this exchange rate did not realistically represent the value of the silver in the Spanish dollars as compared to the value of the gold in the British gold sovereign. Because of this, the conversion had the opposite effect in many colonies, and actually drove sterling coinage out of circulation, rather than encouraged its use. Remedial legislation had to be introduced in 1838 so as to change over to the more realistic rating of $1 = 4s 2d. However, in Jamaica, British Honduras, Bermuda, and later in the Bahamas also, the official rating was set aside in favour of what was known as the 'Maccaroni' tradition in which a British shilling, referred to as a 'Maccaroni', was treated as one quarter of a dollar. The common link between these four territories was the Bank of Nova Scotia which brought in the 'Maccaroni' tradition, resulting in the successful introduction of both sterling coinage and sterling accounts. It wasn't however until 1 January 1842 that the authorities in Bermuda formally decided to make sterling the official currency of the colony to circulate concurrently with Doubloons (64 shillings) at the rate of $1 = 4s 2d. Contrary to expectations, and unlike in the Bahamas where US dollars circulated concurrently with sterling, the Bermudans did not allow themselves to be drawn into the U. S. currency area. The Spanish dollars fell away in the 1850s but returned again in the 1870s following the international silver crisis of 1873. In 1874, the Bermuda merchants agreed unanimously to decline to accept the heavy imports of US currency except at a heavy discount, and it was then exported again. And in 1876, legislation was passed to demonetise the silver dollars for fear of them returning. In 1882, the local 'legal tender act' demonetised the gold doubloon, which had in effect been the real standard in Bermuda, and this left pounds, shillings, and pence as the sole legal tender. The pound sterling remained the official currency of Bermuda until 1970, though the Government of Bermuda did issue its own pound banknotes. With US and Canadian coins regularly appearing in circulation in Bermuda and the possibility of the devaluation of the pound sterling, Bermuda was compelled to adopt its own decimal currency. On 6 February 1970, Bermuda introduced a new decimal currency in the form of a dollar. The nascent Bermudian dollars circulated in conjunction with the new British decimal coinage a year before it was introduced in the United Kingdom. By adopting decimalisation early, Bermuda was also able to place orders for the coinage from the Royal Mint before other Commonwealth countries seeking to decimalise could. The link between the Bermudian dollar and the pound sterling was not broken until 31 July 1972, which allowed Bermuda to align to a one-to-one exchange rate with that of the United States. The decision for Bermuda to peg its dollar to the US dollar added convenience for the multitude of American tourists and businesses upon whom Bermuda largely relied. Since 1972, Bermudian law has required that local businesses charge prices in Bermudian dollars which, if paid in US dollars, must be accepted at a rate of 1:1. Only banks are legally allowed to exchange Bermudian dollars into US dollars or other currencies, subject to a 1% Foreign Currency Purchase Tax (some banks also charge an exchange fee).
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Convertion Chart MVR to BMD
MVR		BMD


5 MVR	=	0.3242 BMD
10 MVR	=	0.6483 BMD
15 MVR	=	0.9725 BMD
20 MVR	=	1.2967 BMD
25 MVR	=	1.6208 BMD
30 MVR	=	1.945 BMD
35 MVR	=	2.2691 BMD
40 MVR	=	2.5933 BMD
45 MVR	=	2.9175 BMD
50 MVR	=	3.2416 BMD
55 MVR	=	3.5658 BMD
60 MVR	=	3.89 BMD
65 MVR	=	4.2141 BMD
70 MVR	=	4.5383 BMD
75 MVR	=	4.8624 BMD
80 MVR	=	5.1866 BMD
85 MVR	=	5.5108 BMD
90 MVR	=	5.8349 BMD
95 MVR	=	6.1591 BMD
100 MVR	=	6.4833 BMD
105 MVR	=	6.8074 BMD
110 MVR	=	7.1316 BMD
115 MVR	=	7.4557 BMD
120 MVR	=	7.7799 BMD
125 MVR	=	8.1041 BMD
130 MVR	=	8.4282 BMD
135 MVR	=	8.7524 BMD
140 MVR	=	9.0766 BMD
145 MVR	=	9.4007 BMD
150 MVR	=	9.7249 BMD
155 MVR	=	10.049 BMD
160 MVR	=	10.3732 BMD
165 MVR	=	10.6974 BMD
170 MVR	=	11.0215 BMD
175 MVR	=	11.3457 BMD
180 MVR	=	11.6699 BMD
185 MVR	=	11.994 BMD
190 MVR	=	12.3182 BMD
195 MVR	=	12.6423 BMD
200 MVR	=	12.9665 BMD
205 MVR	=	13.2907 BMD
210 MVR	=	13.6148 BMD
215 MVR	=	13.939 BMD
220 MVR	=	14.2632 BMD
225 MVR	=	14.5873 BMD
230 MVR	=	14.9115 BMD
235 MVR	=	15.2356 BMD
240 MVR	=	15.5598 BMD
245 MVR	=	15.884 BMD
250 MVR	=	16.2081 BMD
255 MVR	=	16.5323 BMD
260 MVR	=	16.8565 BMD
265 MVR	=	17.1806 BMD
270 MVR	=	17.5048 BMD
275 MVR	=	17.8289 BMD
280 MVR	=	18.1531 BMD
285 MVR	=	18.4773 BMD
290 MVR	=	18.8014 BMD
295 MVR	=	19.1256 BMD
300 MVR	=	19.4498 BMD
305 MVR	=	19.7739 BMD
310 MVR	=	20.0981 BMD
315 MVR	=	20.4222 BMD
320 MVR	=	20.7464 BMD
325 MVR	=	21.0706 BMD
330 MVR	=	21.3947 BMD
335 MVR	=	21.7189 BMD
340 MVR	=	22.0431 BMD
345 MVR	=	22.3672 BMD
350 MVR	=	22.6914 BMD
355 MVR	=	23.0155 BMD
360 MVR	=	23.3397 BMD
365 MVR	=	23.6639 BMD
370 MVR	=	23.988 BMD
375 MVR	=	24.3122 BMD
380 MVR	=	24.6364 BMD
385 MVR	=	24.9605 BMD
390 MVR	=	25.2847 BMD
395 MVR	=	25.6088 BMD
400 MVR	=	25.933 BMD
405 MVR	=	26.2572 BMD
410 MVR	=	26.5813 BMD
415 MVR	=	26.9055 BMD
420 MVR	=	27.2297 BMD
425 MVR	=	27.5538 BMD
430 MVR	=	27.878 BMD
435 MVR	=	28.2021 BMD
440 MVR	=	28.5263 BMD
445 MVR	=	28.8505 BMD
450 MVR	=	29.1746 BMD
455 MVR	=	29.4988 BMD
460 MVR	=	29.823 BMD
465 MVR	=	30.1471 BMD
470 MVR	=	30.4713 BMD
475 MVR	=	30.7954 BMD
480 MVR	=	31.1196 BMD
485 MVR	=	31.4438 BMD
490 MVR	=	31.7679 BMD
495 MVR	=	32.0921 BMD
500 MVR	=	32.4163 BMD

Convertion Chart BMD to MVR
Bermudian Dollar		MVR


5 BMD	=	77.1218 MVR
10 BMD	=	154.2436 MVR
15 BMD	=	231.3654 MVR
20 BMD	=	308.4872 MVR
25 BMD	=	385.609 MVR
30 BMD	=	462.7308 MVR
35 BMD	=	539.8526 MVR
40 BMD	=	616.9744 MVR
45 BMD	=	694.0962 MVR
50 BMD	=	771.218 MVR
55 BMD	=	848.3398 MVR
60 BMD	=	925.4616 MVR
65 BMD	=	1002.5834 MVR
70 BMD	=	1079.7052 MVR
75 BMD	=	1156.827 MVR
80 BMD	=	1233.9488 MVR
85 BMD	=	1311.0706 MVR
90 BMD	=	1388.1924 MVR
95 BMD	=	1465.3142 MVR
100 BMD	=	1542.436 MVR
105 BMD	=	1619.5578 MVR
110 BMD	=	1696.6796 MVR
115 BMD	=	1773.8014 MVR
120 BMD	=	1850.9232 MVR
125 BMD	=	1928.045 MVR
130 BMD	=	2005.1668 MVR
135 BMD	=	2082.2886 MVR
140 BMD	=	2159.4104 MVR
145 BMD	=	2236.5322 MVR
150 BMD	=	2313.654 MVR
155 BMD	=	2390.7758 MVR
160 BMD	=	2467.8976 MVR
165 BMD	=	2545.0194 MVR
170 BMD	=	2622.1412 MVR
175 BMD	=	2699.263 MVR
180 BMD	=	2776.3848 MVR
185 BMD	=	2853.5066 MVR
190 BMD	=	2930.6284 MVR
195 BMD	=	3007.7502 MVR
200 BMD	=	3084.872 MVR
205 BMD	=	3161.9938 MVR
210 BMD	=	3239.1156 MVR
215 BMD	=	3316.2374 MVR
220 BMD	=	3393.3592 MVR
225 BMD	=	3470.481 MVR
230 BMD	=	3547.6028 MVR
235 BMD	=	3624.7246 MVR
240 BMD	=	3701.8463 MVR
245 BMD	=	3778.9681 MVR
250 BMD	=	3856.0899 MVR
255 BMD	=	3933.2117 MVR
260 BMD	=	4010.3335 MVR
265 BMD	=	4087.4553 MVR
270 BMD	=	4164.5771 MVR
275 BMD	=	4241.6989 MVR
280 BMD	=	4318.8207 MVR
285 BMD	=	4395.9425 MVR
290 BMD	=	4473.0643 MVR
295 BMD	=	4550.1861 MVR
300 BMD	=	4627.3079 MVR
305 BMD	=	4704.4297 MVR
310 BMD	=	4781.5515 MVR
315 BMD	=	4858.6733 MVR
320 BMD	=	4935.7951 MVR
325 BMD	=	5012.9169 MVR
330 BMD	=	5090.0387 MVR
335 BMD	=	5167.1605 MVR
340 BMD	=	5244.2823 MVR
345 BMD	=	5321.4041 MVR
350 BMD	=	5398.5259 MVR
355 BMD	=	5475.6477 MVR
360 BMD	=	5552.7695 MVR
365 BMD	=	5629.8913 MVR
370 BMD	=	5707.0131 MVR
375 BMD	=	5784.1349 MVR
380 BMD	=	5861.2567 MVR
385 BMD	=	5938.3785 MVR
390 BMD	=	6015.5003 MVR
395 BMD	=	6092.6221 MVR
400 BMD	=	6169.7439 MVR
405 BMD	=	6246.8657 MVR
410 BMD	=	6323.9875 MVR
415 BMD	=	6401.1093 MVR
420 BMD	=	6478.2311 MVR
425 BMD	=	6555.3529 MVR
430 BMD	=	6632.4747 MVR
435 BMD	=	6709.5965 MVR
440 BMD	=	6786.7183 MVR
445 BMD	=	6863.8401 MVR
450 BMD	=	6940.9619 MVR
455 BMD	=	7018.0837 MVR
460 BMD	=	7095.2055 MVR
465 BMD	=	7172.3273 MVR
470 BMD	=	7249.4491 MVR
475 BMD	=	7326.5709 MVR
480 BMD	=	7403.6927 MVR
485 BMD	=	7480.8145 MVR
490 BMD	=	7557.9363 MVR
495 BMD	=	7635.0581 MVR
500 BMD	=	7712.1799 MVR