Historic Maldivian rufiyaa Cayman Islands dollar

Maldivian rufiyaa cayman islands dollar history for January 2024. The highest quote for this month is 0.053689 (26/01/2024) and the lowest 0.053947 (06/01/2024). The difference between high and low is -0.48.

MVR KYD average rate for January 2024 is 0.05342, the change between 01/01/2024 and 31/01/2024 is +0.38 %.

01 January 20241 MVR = 0.0536 KYD
02 January 20241 MVR = 0.0536 KYD
03 January 20241 MVR = 0.0535 KYD
04 January 20241 MVR = 0.0535 KYD
05 January 20241 MVR = 0.0534 KYD
06 January 20241 MVR = 0.0532 KYD
07 January 20241 MVR = 0.0532 KYD
08 January 20241 MVR = 0.0533 KYD
09 January 20241 MVR = 0.0534 KYD
10 January 20241 MVR = 0.0534 KYD
11 January 20241 MVR = 0.0535 KYD
12 January 20241 MVR = 0.0535 KYD
14 January 20241 MVR = 0.0532 KYD
15 January 20241 MVR = 0.0534 KYD
16 January 20241 MVR = 0.0534 KYD
17 January 20241 MVR = 0.0535 KYD
18 January 20241 MVR = 0.0534 KYD
19 January 20241 MVR = 0.0534 KYD
22 January 20241 MVR = 0.0534 KYD
23 January 20241 MVR = 0.0534 KYD
24 January 20241 MVR = 0.0534 KYD
25 January 20241 MVR = 0.0534 KYD
26 January 20241 MVR = 0.0536 KYD
28 January 20241 MVR = 0.0532 KYD
29 January 20241 MVR = 0.0537 KYD
30 January 20241 MVR = 0.0536 KYD
31 January 20241 MVR = 0.0534 KYD

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.

01/01/2010: Removal of 1 cent coin from circulation

Due to its low purchasing power and production costs, the 1 cent coin was withdrawn from circulation in the Cayman Islands.

01/11/2007: Transition from Crown Dependencies to Overseas Countries and Territories

The Cayman Islands, including its currency, transitioned from being labeled as a Crown Dependency to an Overseas Country and Territory.

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.

01/01/2001: Issuance of New Banknotes and Coins

New banknotes and coins with enhanced security features were introduced to combat counterfeiting.

01/01/1999: Introduction of Cayman Islands Currency Law

The Cayman Islands Currency Law was enacted to provide a legal framework for the issuance and regulation of the currency.

01/07/1997: Pegging of the Cayman Islands Dollar to the US Dollar

The Cayman Islands dollar was pegged to the US dollar at a fixed exchange rate of KYD 1.00 = USD 1.20.

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.

07/11/1974: Creation of the Cayman Islands Monetary Authority

The Cayman Islands Monetary Authority was established as the central bank responsible for regulating the currency and financial institutions.

01/01/1972: Introduction of Cayman Islands Dollar

The Cayman Islands dollar was first introduced as the official currency, replacing the Jamaican dollar.

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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