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Convert 16 Maldivian Rufiyaa (MVR) to Canadian Dollar (CAD)

Exchange rates used for currency conversion updated on November 14th 2024 ( 11/14/2024 )

Below you will find the latest exchange rates for exchanging Maldivian Rufiyaa (MVR) to Canadian Dollar (CAD) , a table containing most common conversions and a chart with the pair's evolution. The Maldivian Rufiyaa (MVR) to Canadian Dollar (CAD) rates are updated every minute using our advanced technology for live forex currency conversion. Check back in a few days for things to buy with this amount and information about where exactly you can exchange currencies online and offline.

If you need to SWAP these currencies go to Canadian Dollar (CAD) to Maldivian Rufiyaa (MVR) page.

16 MVR = 1.4512 CAD

The currency exchange rate, calculated between Maldivian Rufiyaa and Canadian Dollar on 11/14/2024 is 1 MVR = 0.0907 CAD - AVERAGE intraday quotes were used for this currency conversion.

Convert 16 MVR / 16 CAD to major currencies

MVR to CAD Exchange Rate History Chart

Last 7 days History

Date MVR CAD
2024-11-14 16 MVR = 176.41026 CAD
2024-11-13 16 MVR = 177.22703 CAD
2024-11-12 16 MVR = 177.05314 CAD
2024-11-11 16 MVR = 177.44598 CAD
2024-11-10 16 MVR = 177.44039 CAD
2024-11-09 16 MVR = 177.44039 CAD
2024-11-08 16 MVR = 177.48868 CAD
One year History

About Maldivian Rufiyaa (MVR)

The official currency of the Maldives is the Rufiyaa. The rufiyaa is issued in denominations of 2, 5, 10, 50, 100 and 500 and is issued by the Maldives Monetary Authority. Most banks and many businesses on the islands will exchange foreign currency into rufiyaa, many without costly currency exchange fee. The exchange rate between the rufiyaa and the US Dollar will never change

About Canadian Dollar (CAD)

The Bank of Canada manges the circulation and monetary policy of the floating yet highly dependent currency. The Canadian dollar (CAD) is heavily intertwined with economic developments in the United States and the USD this is compounded with the high trade dependence Canada shares with the US and is only mitigated by the price of commodities such as oil in which Canada is a net exporter and therefore can leverage these exports to support the CAD independent of the USD. The Bank of Canada follows its mandate of promoting the economic well being of the nation in juxtaposition to the mandate of many central banks as price stability.

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