Historic Singapore dollar Maldivian rufiyaa

Singapore dollar maldivian rufiyaa history for January 2024. The highest quote for this month is 11.601 (06/01/2024) and the lowest 11.601 (07/01/2024). The difference between high and low is 0.

SGD MVR average rate for January 2024 is 11.44448, the change between 01/01/2024 and 31/01/2024 is +1.38 %.

01 January 20241 SGD = 11.55 MVR
02 January 20241 SGD = 11.56 MVR
03 January 20241 SGD = 11.50 MVR
04 January 20241 SGD = 11.47 MVR
05 January 20241 SGD = 11.49 MVR
06 January 20241 SGD = 11.60 MVR
07 January 20241 SGD = 11.60 MVR
08 January 20241 SGD = 11.47 MVR
09 January 20241 SGD = 11.48 MVR
10 January 20241 SGD = 11.46 MVR
11 January 20241 SGD = 11.44 MVR
12 January 20241 SGD = 11.47 MVR
14 January 20241 SGD = 11.58 MVR
15 January 20241 SGD = 11.45 MVR
16 January 20241 SGD = 11.43 MVR
17 January 20241 SGD = 11.36 MVR
18 January 20241 SGD = 11.35 MVR
19 January 20241 SGD = 11.36 MVR
22 January 20241 SGD = 11.38 MVR
23 January 20241 SGD = 11.36 MVR
24 January 20241 SGD = 11.37 MVR
25 January 20241 SGD = 11.38 MVR
26 January 20241 SGD = 11.34 MVR
28 January 20241 SGD = 11.50 MVR
29 January 20241 SGD = 11.33 MVR
30 January 20241 SGD = 11.35 MVR
31 January 20241 SGD = 11.39 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.
SGD MVR January 2024
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SGD MVR January 2025