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South Korean won to Maldives Rufiyaa Exchange Rate History - XTransfer

South Korean won to Maldives Rufiyaa Historical Exchange Rates

Welcome to the KRW to MVR exchange rate history page. This page contains detailed daily historical exchange rates between KRW and MVR from 2025-3-8 to 2026-04-04, making it easy to look up and reference.

Amount
Result

1 KRW = 0.0100754 MVR

13:31 Exchange Rate

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1 South Korean won to Maldives Rufiyaa Historical Exchange Rate Trends

1 KRW = -- MVR

13:31 Exchange Rate

KRW - MVR+0%
7D
1M
3M
Invalid DateInvalid Date

1 South Korean won to Maldives Rufiyaa Data Statistics

This section organizes the historical exchange rate data of 1 KRW 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
0.0100754
0.0103761
0.010466
0.0107042
Low
0.0100754
0.0100754
0.0100754
0.0100754
Average
0.0100754
0.0101524
0.0102192
0.0103974

Past 7 days historical exchange rates

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

KRW to MVR - Last 7 Days

KRWKRWMVRMVR
2026-04-04
0.0100754
KRWKRWMVRMVR
2026-04-03
0.0101028
KRWKRWMVRMVR
2026-04-02
0.0101403
KRWKRWMVRMVR
2026-04-01
0.0102088
KRWKRWMVRMVR
2026-03-31
0.0100971
KRWKRWMVRMVR
2026-03-30
0.0100965
KRWKRWMVRMVR
2026-03-29
0.0100941

MVR to KRW - Last 7 Days

MVRMVRKRWKRW
2026-04-04
99.2516426
MVRMVRKRWKRW
2026-04-03
98.9824603
MVRMVRKRWKRW
2026-04-02
98.6164117
MVRMVRKRWKRW
2026-04-01
97.9547057
MVRMVRKRWKRW
2026-03-31
99.0383377
MVRMVRKRWKRW
2026-03-30
99.0442232
MVRMVRKRWKRW
2026-03-29
99.0677723

KRWKRW - won

The won was introduced in 1945 to accompany the economic development of the South after the division of the Korean Peninsula. As the currency of a global technology and manufacturing powerhouse, the won has a high degree of international competitiveness, reflecting the rapid modernization of the Korean economy.

  • Supporting unit:No actual circulating auxiliary currency.
  • Denomination of banknotes:1000, 5000, 10000, 50000 yuan
  • Reserve currency:Yes, it is one of the major reserve currencies in Asia.
  • Banknote material:Paper with watermark and multiple anti-counterfeiting designs
  • Metal composition:Copper-nickel alloys, stainless steel, etc.
  • Currency symbol:
  • Paper currency size:For example, 50,000 yuan is approximately 154mm × 68mm.
  • language:en
  • Main unit:1 Won
  • ISO code:KRW
  • Currency name:South Korean Won
  • Exchange Rate System:Floating exchange rate system
  • Central Bank:Bank of Korea
  • Safe-haven currency:No, it fluctuates significantly but remains relatively stable.
  • Coin denomination:1, 5, 10, 50, 100, 500 yuan
  • Countries of Use:South Korea is the only country where it is officially used.
  • Cross-border payment:International remittances are supported through the SWIFT network, and the South Korean won is widely used in Asian trade, often paired with the US dollar and euro for international payments.

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 South Korean won to Maldives Rufiyaa, is now a good time to exchange?

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

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

The core factor affecting the historical volatility of South Korean won to Maldives Rufiyaa recently is the divergence in monetary policies between the two countries. When interest rate hikes are implemented, the attractiveness of KRW 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 KRW, thereby intensifying the frequency of two-way volatility between South Korean won and Maldives Rufiyaa.

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

Historically, South Korean won against Maldives Rufiyaa has indeed experienced violent fluctuations or even plunges due to policy shocks or economic crises. The best way to hedge against South Korean won 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 KRW to MVR within an acceptable trade cost range.

Is the current exchange rate of South Korean won to Maldives Rufiyaa considered a historical high or low?

To evaluate the current level of KRW 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 South Korean won is approaching a historical resistance level. If the current KRW price has broken through highs from years ago, it indicates that KRW is at an extreme high; exchanging South Korean won 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 South Korean won to Maldives Rufiyaa?

AI predictions for KRW to MVR are trend references derived from historical big data and market sentiment models. While AI can capture the operational patterns of KRW through algorithms, it is difficult to 100% predict sudden international political events or unexpected policy adjustments. Therefore, the predicted values for South Korean won 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.