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Currency.Wiki
Updated ago
 MVR =
    JPY
 Rufiyaa =  Japanese yen
Trending: Rf exchange rates for the last 24 hours
  • MVR/USD 0.064914 -0.00019018
  • MVR/EUR 0.063068 0.00294856
  • MVR/JPY 10.159753 0.38709057
  • MVR/GBP 0.053088 0.00306491
  • MVR/CHF 0.059249 0.00286197
  • MVR/MXN 1.330302 0.03983531
  • MVR/INR 5.610107 0.13816388
  • MVR/BRL 0.390828 0.02277427
  • MVR/CNY 0.475884 0.01208237

MVR/JPY exchange rate analysis over the past 90 days

Rufiyaa to Japanese Yen exchange rate: Over the last 90 days, the Rufiyaa strengthened by 3.81% against the Japanese Yen, moving from ¥9.7727 to ¥10.1598 per Rufiyaa. This trend reflects the evolving economic dynamics between the Maldives and the Japan. Factors influencing this rate may include:

  • Trade Dynamics: The balance of trade and investment between Maldives and Japan.
  • Regulatory Changes: Policies or regulations related to currency exchange or trade agreements between Maldives and Japan.
  • Economic Health: Indicators such as GDP growth, unemployment rates, or inflation in the Maldives or Japan.
  • Global Influences: Broader economic or geopolitical events that can impact both the Maldives and the Japan.

The foreign exchange market operates continuously, with currency values being affected by a myriad of global economic, political, and financial events.

Rf

Rufiyaa Currency

Country: Maldives

Symbol: Rf

ISO Code: MVR

Bank: Maldives Monetary Authority

Interesting fact about Rufiyaa

The Rufiyaa (MVR) is the official currency of the Maldives. It was introduced in 1981, replacing the Maldivian Rupee. The Rufiyaa holds significant importance in Maldives as it is used for all transactions within the country. It reflects the economic stability of the nation, plays a crucial role in trade and tourism, and contributes to the overall financial system in Maldives.

¥

Japanese Yen Currency

Country: Japan

Symbol: ¥

ISO Code: JPY

Bank: Bank of Japan

Interesting fact about Japanese Yen

The Japanese Yen (JPY) is the official currency of Japan. Introduced in 1871, it has a long history tied to Japan's economic growth. The JPY is widely used in international trade and is considered a safe-haven currency. It plays a crucial role in Japan's exports, imports, and domestic market, contributing to its status as the third-largest economy globally.

Quick Conversion Guide

Frequently Asked Questions

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The Rufiyaa to Japanese Yen exchange rate is influenced by a variety of factors including economic data, political events, central bank decisions, market sentiment, and global financial news.
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Today conversion rate from 1 MVR to JPY is ¥10.16.
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Yes, our site provides historical charts that show the trends and fluctuations in the Rufiyaa to Japanese Yen exchange rate over different time periods.
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While it's impossible to predict rates with certainty, staying informed about market trends and economic forecasts can help you make educated guesses.
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The exchange rate can fluctuate frequently due to the forex market's high volatility. It can change multiple times within a single day.