Historic Singapore dollar Maldivian rufiyaa

Singapore dollar maldivian rufiyaa history for February 2024. The highest quote for this month is 11.49 (03/02/2024) and the lowest 11.495 (04/02/2024). The difference between high and low is -0.04.

SGD MVR average rate for February 2024 is 11.35219, the change between 01/02/2024 and 29/02/2024 is +0.75 %.

01 February 20241 SGD = 11.39 MVR
02 February 20241 SGD = 11.41 MVR
03 February 20241 SGD = 11.49 MVR
04 February 20241 SGD = 11.49 MVR
05 February 20241 SGD = 11.35 MVR
06 February 20241 SGD = 11.32 MVR
07 February 20241 SGD = 11.34 MVR
08 February 20241 SGD = 11.35 MVR
09 February 20241 SGD = 11.29 MVR
12 February 20241 SGD = 11.26 MVR
13 February 20241 SGD = 11.27 MVR
14 February 20241 SGD = 11.21 MVR
15 February 20241 SGD = 11.28 MVR
16 February 20241 SGD = 11.33 MVR
17 February 20241 SGD = 11.46 MVR
18 February 20241 SGD = 11.45 MVR
19 February 20241 SGD = 11.34 MVR
20 February 20241 SGD = 11.33 MVR
21 February 20241 SGD = 11.31 MVR
22 February 20241 SGD = 11.31 MVR
23 February 20241 SGD = 11.32 MVR
24 February 20241 SGD = 11.48 MVR
25 February 20241 SGD = 11.48 MVR
26 February 20241 SGD = 11.32 MVR
27 February 20241 SGD = 11.32 MVR
28 February 20241 SGD = 11.32 MVR
29 February 20241 SGD = 11.30 MVR

30/03/2020: SGD in COVID-19 Pandemic

The SGD faces volatility and fluctuations in value due to the economic impact of the COVID-19 pandemic.

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.

13/10/2016: Celebrating 50 Years of Currency

Singapore commemorates 50 years of Singapore currency, showcasing the success and stability of the SGD.

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.

21/07/2003: Currency Interchangeability Agreement with Brunei

The SGD and Brunei dollar become interchangeable at par value, enhancing economic cooperation between the two countries.

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.

02/01/2001: Floatation of SGD

Singapore allows the SGD to float freely against other currencies, abandoning the exchange rate peg and adopting a managed float system.

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.

01/03/1973: Pegging to a Basket of Currencies

The SGD is pegged to a basket of currencies, leading to increased stability and reduced reliance on a single currency.

12/06/1967: Monetary Agreement with Malaysia

Singapore withdrew from the Malaysian dollar and issued its own currency.

12/06/1965: Independence of Singapore

The Singapore dollar (SGD) is introduced as the official currency upon Singapore's separation from Malaysia.

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.
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