The MVR/EUR pair shows how many Euros one Maldivian Rufiyaa buys, used by travelers and importers dealing between the Maldives and the Eurozone.
Each row combines a UTC date, a rate and the change from the previous available observation. A positive change means the base currency buys more of the quote currency than on the previous available date.
Days without a quotation are not interpolated: the series keeps only observations that were actually received.
Compare several periods before a trip, an international transfer or a foreign-currency invoice. The average, minimum and maximum provide a quick reference, while the table enables a date-by-date check.
Couverture du au , en UTC.
| Date UTC | Rate | Change | Nature |
|---|---|---|---|
| 0,0563035 | -0.06% | Market | |
| 0,05633593 | -0.76% | Market | |
| 0,05676605 | +0.90% | Market | |
| 0,05625811 | -1.07% | Market | |
| 0,05686697 | -0.49% | Market | |
| 0,05714613 | — | Market |
The MVR/EUR exchange rate indicates the value of the Maldivian Rufiyaa against the Euro, quoted as the number of Euros per one Rufiyaa. This pair is primarily used by tourists traveling from the Eurozone to the Maldives, as well as by businesses engaged in trade between the two regions. An appreciation of the Rufiyaa means that one Rufiyaa can buy more Euros, making Eurozone goods cheaper for Maldivian importers and reducing the cost of European travel for Maldivians.
The Maldives Monetary Authority manages the Rufiyaa through a managed float, while the European Central Bank sets monetary policy for the Eurozone. Interest rate differentials between the two central banks influence capital flows and the exchange rate. The Maldivian economy is heavily dependent on tourism, which drives demand for Rufiyaa, while the Eurozone's economic health affects the Euro's strength. Inflation, growth differentials, and commodity prices also play roles, with the Euro often influenced by global risk sentiment.
Over the past several years, the MVR/EUR rate has been influenced by shifts in tourism demand and Eurozone economic conditions. The Rufiyaa has generally been stable due to the Maldives' tourism revenue, while the Euro has experienced volatility from European debt concerns and monetary policy changes. Without specific historical data, the pair's movements can be understood through the interplay of tourism flows and Eurozone macroeconomic factors, rather than through a fixed chronology.
This analysis is provided for information only and is neither a forecast nor financial advice.
Each row combines a UTC date, a rate and the change from the previous available observation. A positive change means the base currency buys more of the quote currency than on the previous available date.
Displayed source: api.forex. Indicative values are used only as a visual fallback.