Maldivian rufiyaa omani rial exchange rate history (MVR OMR) August 2023

Maldivian rufiyaa omani rial history for August 2023. The highest quote for this month is 0.025213 (14/08/2023) and the lowest 0.025186 (08/08/2023). The difference between high and low is 0.11.

MVR OMR average rate for August 2023 is 0.02507, the change between 01/08/2023 and 31/08/2023 is 0 %.

01 August 2023	1 MVR = 0.0252 OMR
02 August 2023	1 MVR = 0.0252 OMR
03 August 2023	1 MVR = 0.0252 OMR
04 August 2023	1 MVR = 0.0251 OMR
07 August 2023	1 MVR = 0.0252 OMR
08 August 2023	1 MVR = 0.0251 OMR
09 August 2023	1 MVR = 0.0251 OMR
10 August 2023	1 MVR = 0.0251 OMR
11 August 2023	1 MVR = 0.0251 OMR
12 August 2023	1 MVR = 0.0250 OMR
14 August 2023	1 MVR = 0.0245 OMR
15 August 2023	1 MVR = 0.0252 OMR
16 August 2023	1 MVR = 0.0251 OMR
17 August 2023	1 MVR = 0.0251 OMR
18 August 2023	1 MVR = 0.0252 OMR
19 August 2023	1 MVR = 0.0250 OMR
20 August 2023	1 MVR = 0.0250 OMR
21 August 2023	1 MVR = 0.0243 OMR
22 August 2023	1 MVR = 0.0252 OMR
23 August 2023	1 MVR = 0.0252 OMR
24 August 2023	1 MVR = 0.0252 OMR
25 August 2023	1 MVR = 0.0252 OMR
28 August 2023	1 MVR = 0.0252 OMR
29 August 2023	1 MVR = 0.0252 OMR
30 August 2023	1 MVR = 0.0252 OMR
31 August 2023	1 MVR = 0.0252 OMR

16/03/2021: New 5 Rial Polymer Banknote Introduced

A new polymer banknote with a denomination of 5 rials was introduced, enhancing durability and security features of the currency.

15/01/2019: Introduction of New Banknotes

New series of banknotes with enhanced security features and improved designs were introduced by the Maldives Monetary Authority.

01/09/2014: Introduction of Polymer Banknotes

Polymer banknotes were introduced in the Maldives, replacing the traditional paper banknotes, enhancing their durability and security features.

01/07/2011: Redenomination of the Rufiyaa

The Maldivian Rufiyaa underwent redenomination, with new banknotes and coins introduced to simplify transactions and reduce the number of zeros.

15/01/2003: New Omani Rial Banknotes Issued

New series of Omani rial banknotes were introduced, featuring enhanced security features and updated designs.

01/01/2002: Decimalization of the Rufiyaa

The Maldivian Rufiyaa was decimalized, with 100 laari equaling 1 Rufiyaa, replacing the previous system of 1 Rufiyaa equalling 100 lari.

12/06/1994: Smaller Denomination Coins Issued

Small denomination coins, including 5, 10, 25, and 50 baisa coins, were issued in order to facilitate everyday transactions.

17/03/1986: 200 Baisa Coin Introduced

A new 200 baisa coin was introduced, becoming the highest denomination coin in circulation at that time.

01/09/1983: Introduction of the Maldivian Rufiyaa

The Maldivian Rufiyaa was introduced as the new currency, replacing the Maldivian Rupee at a 1:1 exchange rate.

01/09/1981: Establishment of the Maldives Monetary Authority

The Maldives Monetary Authority (MMA) was established as the central bank of the Maldives, responsible for issuing and managing the currency.

11/11/1975: 1/8 Rial Copper-Nickel Coin Introduced

A new 1/8 rial coin made of copper-nickel was introduced, representing a fractional value of the rial currency.

02/03/1973: Rial Oman Pegged to US Dollar

The Omani rial was officially pegged to the United States dollar, with an exchange rate of 1 OMR = 2.895 USD.

27/07/1970: Rial Oman is Introduced

The Omani rial was introduced, replacing the Gulf rupee at a rate of 1 rial = 2.6008 rupees.

22/10/1947: Introduction of the Maldivian Rupee

The Maldivian Indian Rupee was adopted as the official currency of the Maldives, replacing the Ceylonese Rupee.

Historic Maldivian rufiyaa Omani rial