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European Union Euroo to Maldives Rufiyaa Exchange Rate History - XTransfer

European Union Euroo to Maldives Rufiyaa Historical Exchange Rates

Welcome to the EUR to MVR exchange rate history page. This page contains detailed daily historical exchange rates between EUR and MVR from 2025-3-8 to 2026-05-08, making it easy to look up and reference.

Amount
Result

1 EUR = 18.0847 MVR

07:31 Exchange Rate

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1 European Union Euroo to Maldives Rufiyaa Historical Exchange Rate Trends

1 EUR = -- MVR

07:31 Exchange Rate

EUR - MVR+0%
7D
1M
3M
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1 European Union Euroo to Maldives Rufiyaa Data Statistics

This section organizes the historical exchange rate data of 1 EUR to MVR, including daily data over the past 1 day, 15 days, 30 days, and 90 days. It also marks the highest, lowest, and average rates during each period, helping you easily understand how the exchange rate has changed over time, which is useful for currency exchange, transfers, or investment decisions.

Time
Past 1 day
Past 15 day
Past 30 day
Past 90 day
High
18.0847
18.1237
18.2287
18.2287
Low
18.0847
17.797
17.7658
17.4461
Average
18.0847
17.9189
17.9318
17.8274

Past 7 days historical exchange rates

Below are the daily average exchange rates of EUR to MVR for the past 7 days, helping you track the trend during this period. We also provide exchange rate changes of MVR to EUR, helping you understand fluctuations from different perspectives and better plan your currency exchange, transfers, or fund management.

EUR to MVR - Last 7 Days

EUREURMVRMVR
2026-05-08
18.0847
EUREURMVRMVR
2026-05-07
17.8961
EUREURMVRMVR
2026-05-06
18.0747
EUREURMVRMVR
2026-05-05
18.0286
EUREURMVRMVR
2026-05-04
17.8497
EUREURMVRMVR
2026-05-03
17.8497
EUREURMVRMVR
2026-05-02
17.8436

MVR to EUR - Last 7 Days

MVRMVREUREUR
2026-05-08
0.0553
MVRMVREUREUR
2026-05-07
0.0559
MVRMVREUREUR
2026-05-06
0.0553
MVRMVREUREUR
2026-05-05
0.0555
MVRMVREUREUR
2026-05-04
0.056
MVRMVREUREUR
2026-05-03
0.056
MVRMVREUREUR
2026-05-02
0.056

EUREUR - Euro

The euro was officially issued in 1999. As the unified currency of multiple EU countries, it has greatly promoted regional economic integration. The euro is not only the world's second largest reserve currency, but also has a significant influence on international trade and financial markets, promoting the prosperity of the EU internal market.

  • Supporting unit:1 Euro = 100 cents
  • Denomination of banknotes:5, 10, 20, 50, 100, 200, 500 euros
  • Reserve currency:Yes, the euro is the world's second-largest reserve currency.
  • Banknote material:Cotton fiber paper features a complex anti-counterfeiting design.
  • Metal composition:The euro is categorized into copper-clad steel and nickel-brass, as well as bimetal varieties.
  • Currency symbol:
  • Paper currency size:Ranging from 120mm × 62mm (€5) to 160mm × 82mm (€500).
  • language:en
  • Main unit:1 Euro
  • ISO code:EUR
  • Currency name:Euro
  • Exchange Rate System:Floating exchange rate system
  • Central Bank:European Central Bank (ECB)
  • Safe-haven currency:Yes, it has a certain hedging attribute.
  • Coin denomination:1, 2, 5, 10, 20, 50 euro cents; 1, 2 euros
  • Countries of Use:The Eurozone comprises 20 member countries, including Germany, France, Italy, Spain, the Netherlands, Belgium, and others, as well as certain non-EU countries or regions such as Vatican City, Monaco, and Kosovo.
  • Cross-border payment:The Eurozone is highly integrated, with SEPA and SWIFT used concurrently, enabling fast and low-cost cross-border transfers that are widely used in international trade and financial transactions.

MVRMVR - Maldives Rufiyaa

The Maldivian Rufiyaa has been the official currency of the island nation since 1981. The Rufiyaa supports the tourism and fishing industries and is widely used in local transactions, reflecting the country's unique economic structure.

  • Supporting unit:1 Laffia = 100 Laari
  • Denomination of banknotes:10, 20, 50, 100, 500, 1000 Raffia
  • Reserve currency:No, it mainly relies on the US dollar as its foreign exchange reserve.
  • Banknote material:Polymer plastic and paper mix (such as the 1000 denomination made of plastic material).
  • Metal composition:Copper-nickel alloy, steel core nickel plating
  • Currency symbol:Rf or ރ
  • Paper currency size:For example, 100 raffia approximately 150mm × 70mm.
  • language:en
  • Main unit:Rufiyaa
  • ISO code:MVR
  • Currency name:Maldives Lafia
  • Exchange Rate System:Focus on the stable exchange rate mechanism of the US dollar.
  • Central Bank:Maldives Monetary Authority
  • Safe-haven currency:No, exchange rate fluctuations are significantly influenced by the tourism industry.
  • Coin denomination:1, 2, 5, 10, 25, 50 Lari
  • Countries of Use:Maldives is the only country with official use.
  • Cross-border payment:Supports SWIFT international payments, with the US dollar being more commonly used in international transactions, while the LAFIA is primarily used for local transactions and tourism settlements.

FAQ

Based on the historical patterns of European Union Euroo to Maldives Rufiyaa, is now a good time to exchange?

To judge the timing for exchanging European Union Euroo to Maldives Rufiyaa, one must compare current rates with the average over the past year or even five years. If the current European Union Euroo rate is well above the historical average, it usually means EUR is in a strong period, making it a good window for settlement into MVR. Conversely, if European Union Euroo is at a historical low, it is recommended for exporters to hold EUR in batches and avoid the troughs to minimize losses when converting to MVR.

What are the main reasons affecting the historical volatility of EUR to MVR recently?

The core factor affecting the historical volatility of European Union Euroo to Maldives Rufiyaa recently is the divergence in monetary policies between the two countries. When interest rate hikes are implemented, the attractiveness of EUR tends to increase, leading to a significant rise in its historical exchange rate against MVR. Additionally, fluctuations in global trade data and inflation levels trigger safe-haven demand for EUR, thereby intensifying the frequency of two-way volatility between European Union Euroo and Maldives Rufiyaa.

Has EUR experienced a sharp plunge against MVR before? How can I protect myself?

Historically, European Union Euroo against Maldives Rufiyaa has indeed experienced violent fluctuations or even plunges due to policy shocks or economic crises. The best way to hedge against European Union Euroo exchange rate risk is to analyze its historical volatility cycles and avoid betting on a one-sided market at a single high point. It is recommended to use batch settlement or forward locking tools to keep the volatility risk of EUR to MVR within an acceptable trade cost range.

Is the current exchange rate of European Union Euroo to Maldives Rufiyaa considered a historical high or low?

To evaluate the current level of EUR to MVR, one must examine the currency pair's long-term trend chart. By comparing the peaks and troughs of the past five years, you can clearly see if European Union Euroo is approaching a historical resistance level. If the current EUR price has broken through highs from years ago, it indicates that EUR is at an extreme high; exchanging European Union Euroo to Maldives Rufiyaa now can often lock in more substantial trade profits than in previous years.

How accurate are the AI-predicted exchange rates for European Union Euroo to Maldives Rufiyaa?

AI predictions for EUR to MVR are trend references derived from historical big data and market sentiment models. While AI can capture the operational patterns of EUR through algorithms, it is difficult to 100% predict sudden international political events or unexpected policy adjustments. Therefore, the predicted values for European Union Euroo to Maldives Rufiyaa should serve as supplementary advice for settlement timing, rather than an absolute execution guarantee.

How to stabilize exchange rates through convenient payment methods?

To stabilize profit fluctuations caused by exchange rates, the key is to shorten the decision-making link for settlement. By opening a global collection account online through XTransfer, foreign trade enterprises can move away from traditional banks' cumbersome offline declaration processes and lock in ideal rates for real-time settlement on their phones anytime, anywhere. This digital and convenient payment method from XTransfer frees you from bank hours and complex document reviews, allowing you to more autonomously capture market highs and ensure every payment is secured, effectively hedging against exchange loss risks.
Disclaimer: The exchange rate data on this page is collected from public sources for reference only. Due to frequent fluctuations, XTransfer cannot guarantee accuracy or timeliness. Please refer to the real-time quotes from banks, related institutions, or trading systems.