Maldivian rufiyaa
Currency of the Maldives / From Wikipedia, the free encyclopedia
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The Maldivian rufiyaa (Dhivehi: ދިވެހި ރުފިޔާ; sign: Rf or ރ; code: MVR) is the currency of the Maldives. The issuance of the currency is controlled by the Maldives Monetary Authority (MMA). The most commonly used symbols for the rufiyaa are MVR and Rf. The ISO 4217 code for Maldivian rufiyaa is MVR. The rufiyaa is subdivided into 100 laari.
Quick Facts ދިވެހި ރުފިޔާ (Dhivehi), ISO 4217 ...
ދިވެހި ރުފިޔާ (Dhivehi) | |
---|---|
ISO 4217 | |
Code | MVR (numeric: 462) before 1990: MVQ |
Subunit | 0.01 |
Unit | |
Symbol | Rf, MVR, ރ |
Denominations | |
Subunit | |
1⁄100 | laari |
Banknotes | |
Freq. used | Rf. 5/-, Rf. 10/-, Rf. 20/-, Rf. 50/-, Rf. 100/-, Rf. 500/- |
Rarely used | Rf. 1,000/-, Rf. 5,000/- |
Coins | |
Freq. used | 50 laari, Rf. 1/-, Rf. 2/- |
Rarely used | 1, 5, 10, 25 laari |
Demographics | |
User(s) | Maldives |
Issuance | |
Central bank | Maldives Monetary Authority |
Website | www |
Printer | De La Rue PLC |
Website | www |
Mint | Ministry of Finance |
Website | www |
Valuation | |
Inflation | 2.8% |
Source | The World Factbook, 2017 est. |
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The name "rufiyaa" is derived from the Sanskrit रूप्य (rūpya, wrought silver). The midpoint of exchange rate is Rf. 12/85 per US dollar and the rate is permitted to fluctuate within a ±20% band, i.e. between Rf. 10/28 and Rf. 15/42 as of 10 April 2017.[1]