Maldivian Rufiyaa (MVR) Profile

Currency name
Currency code
Currency symbol

Rf, MRf, MVR, .ރ or /-

Subunit
1/100, laari
Coins freq used
1 rufiyaa, 2 rufiyaa, 1 laari, 5 laari, 10 laari, 25 laari, 50 laari
Coins rarely used
 
Banknotes freq used
5 rufiyaa, 10 rufiyaa, 20 rufiyaa, 50 rufiyaa, 100 rufiyaa, 500 rufiyaa
Banknotes rarely used
 
Central bank
Maldives Monetary Authority (www.mma.gov.mv)
Currency users
Currency user list

Users:

The Maldivian Rufiyaa (MVR) is the official currency of the Maldives. It is the legal tender used for all transactions within the country.

History:

The Maldivian Rufiyaa was first introduced in 1981, replacing the Maldivian Rupee, following the establishment of the Republic of Maldives.

Before the Rufiyaa, various currencies were used in the Maldives, including the Indian Rupee and the Ceylonese Rupee during the British colonial period.

Coins and Banknotes:

The Maldivian Rufiyaa is subdivided into 100 laari.

Coins:

Coins currently in circulation are 1, 2, 5, 10, 25, and 50 laari, as well as 1 and 2 Rufiyaa.

Banknotes:

The most commonly used banknotes are 5, 10, 20, 50, 100, 500, and 1000 Rufiyaa.

Each banknote typically features important cultural, historical symbols, and natural landmarks of the Maldives.