Maldivian rufiyaa to Canadian Dollar — exchange rate

Country of Circulation: Maldives

Currency Code, Symbol: MVR, Rf

Denominations of coins in circulation: 1 laari, 2 laari, 5 laari, 10 laari, 25 laari, 50 laari, Rf 1, Rf 2

Denominations of banknotes in circulation: Rf 5, Rf 10, Rf 20, Rf 50, Rf 100, Rf 500, Rf 1000, Rf 5000

History: The Maldivian rufiyaa (MRF) is the currency of the Republic of Maldives, and it is only used within this country. In the international currency arena and in currency exchange, it is named MVR. The Maldivian rufiyaa can be exchanged for laari.One MVR equals 100 laari. The currency has officially appeared in 1947, replacing the outdated Ceylonese rupee. Interestingly, the first currency of the Maldives was cowrie shells. It is a sea mollusk that lives in this latitude. The shells were used in commerce up until the 14th century. One golden dinar is worth 400 thousand cowries.Read More

Country of Circulation: Canada

Currency Code, Symbol: CAD, $

Denominations of coins in circulation: 5¢, 10¢, 25¢, $1, $2

Denominations of banknotes in circulation: $5, $10, $20, $50, $100

History: The Canadian dollar (symbol: CA$, code: CAD, number 124) is used for financial operations within Canada. The abbreviation of the currency used on the exchange market and in exchange offices is CAD. One Canadian dollar correlates to 100 cents.The currency was introduced in 1858. The government had used the Spanish real previously. Some types and denominations of the $ currency are not issued anymore. However, Canada officially accepts all types of currency units that have been issued since 1935. It should be mentioned that CAD is included in the list of the most traded world currencies, namely in the top ten.Read More