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Currency & Exchange

Currency of the Maldives: Maldivian Rufiyaa

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Maldivian Rufiyaa · MVR · National

Maldivian Rufiyaa
ISO MVR · THE MALDIVES
Maldivian Rufiyaa
ISO codeMVR
Monetary authorityThe Maldives Monetary Authority
MVR
ISO 4217 code
Currency identifier
1
Currencies with an official role
National
MVR
Display identifier
ISO code used where a standalone symbol is not shown
Time-sensitive
Exchange-rate context
Check the rate date and source
CurrencyMaldivian Rufiyaa
ISO codeMVR
Largest noteRf1,000
Largest coinRf2
Current note seriesRan Dhihafaheh polymer series

Who Issues Maldivian Rufiyaa in the Maldives

In Maldives' national currency system, the Maldivian Rufiyaa (MVR) is administered by Maldives Monetary Authority. The symbol MVR is used for display, and numeric identifier 462 is the ISO 4217 counterpart to the alphabetic code.

Monetary authority for the Maldivian Rufiyaa sits domestically with Maldives Monetary Authority. In the Maldives, MVR is therefore governed through a national framework, not by an external currency issuer.

Currency architectureNational
Primary currencyMaldivian Rufiyaa (MVR)
Monetary authorityThe Maldives Monetary Authority

Exchange Rate for MVR

For MVR, a current reference observation is more useful than an undated number, the amount ultimately received or charged in the Maldives can vary because financial providers apply their own conversion margin and fees.

Latest available reference rate*Loading...
Checking USD/MVR
Latest official/reference observation where supported. Source and date are shown after loading; this is not a trading quote.
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For a dated MVR observation, match both the currency pair and the observation date before comparing reference rates. Actual conversion costs depend on the provider's spread, fees and timing. This gives a clear reference point.

Banknotes and Coins

Banknotes

The Maldives Monetary Authority's Ran Dhihafaheh family contains Rf5, Rf10, Rf20, Rf50, Rf100, Rf500 and Rf1,000 notes.

Rf5
Rf10
Rf20
Rf50
Rf100
Rf500
Rf1,000

Coins

The circulation coin structure contains 1, 2, 5, 10, 25 and 50 laari plus Rf1 and Rf2.

1 laari
2 laari
5 laari
10 laari
25 laari
50 laari
Rf1
Rf2

Frequently Asked Questions

What currency is used in the Maldives?

The Maldivian Rufiyaa (MVR) is the national currency of the Maldives. Maldives Monetary Authority is responsible for the domestic monetary framework.

Who manages the currency system in the Maldives?

The Maldives Monetary Authority is the main monetary authority identified for the Maldives.

Are the exchange rates for the Maldives real-time?

When an MVR rate is shown, the converter uses the latest available reference observation for a supported pair and displays its observation date. It should not be read as a live executable quote. This keeps the comparison anchored to a dated observation.

Data note: Figures marked with * are sourced from external institutions or data providers and may change after publication. Exchange rates, payment statistics and other time-sensitive figures are provided for general reference and may not reflect current market, bank, card-network or transaction rates. DigifyWorld aims to use reliable sources and keep information current, but cannot guarantee that all data is complete, real-time or 100% accurate. Check the cited source or relevant monetary authority when making financial decisions.

More about the Maldives

Explore the Maldives across the other DigifyWorld country-data sections.

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Sources & methodology

For the Maldives, institutional currency facts are checked against Maldives Monetary Authority or the applicable monetary-system authority. The MVR identity follows ISO 4217, and the exchange-arrangement classification for the Maldives is cross-checked against the IMF framework. A dynamic MVR observation for the Maldives, when available, is kept separate from those institutional facts and shows its own date and provider.

View sources used for this page
Exchange-rate note: the MVR converter for the Maldives requests a supported reference-rate source and displays the observation date. If no supported observation is available, the converter shows that a reference rate is unavailable instead of estimating one.