About the Maldivian Rufiyaa
The Maldivian Rufiyaa was introduced in 1947, replacing the Sri Lankan Rupee. The first coins were introduced earlier in the 20th century.
The name 'Rufiyaa' is derived from the Sanskrit word 'rupya' (silver), akin to the Indian and Sri Lankan Rupees.
Interesting Facts
A Currency of Paradise
The Maldivian Rufiyaa is the currency of the Maldives, an archipelago nation famous for its stunning turquoise waters and luxury resorts.
Ran Dhihafaheh Series
The 'Ran Dhihafaheh' (Golden Fifties) series of polymer banknotes celebrates 50 years of Maldivian independence, showcasing the nation's rich culture and natural beauty.
Tourism Dependent
The Maldivian economy, and the Rufiyaa's stability, is heavily reliant on its thriving tourism industry.
Historical Timeline
The Rufiyaa is introduced.
The Maldives Monetary Authority is established.
A new series of polymer banknotes, 'Ran Dhihafaheh', is introduced.
Denominations
Banknotes
Coins
Security Features
Quick Facts
- ISO Code
- MVR
- Symbol
- Rf
- Numeric Code
- 462
- Subunit
- Laari (1/100)
- Introduced
- 1947-01-01
Central Bank
- Name
- Maldives Monetary Authority
- Headquarters
- Malé, Maldives
- Founded
- 1981
- Current Governor
- Ali Hashim (since 2020)
Economic Data
- Reserve Currency Share
- 0.0%
- Forex Volume Share
- 0.0%
- Inflation Rate
- 2.4%
- Interest Rate
- 7.00%
Exchange Rates
What Affects the MVR Exchange Rate?
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