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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 ...
The reverse of the coin is inscribed 'REPUBLIC OF MALDIVES 1 RUFIYAA'. A series of minor coins denominated from 1 laari to 50 laari was released into circulation in 1404 AH (1984). Since then, a number of commemorative coins have been struck, including a series of 250 rufiyaa medal-coins (listed in the 2005 edition of Krause Unusual World Coins ...
The Maldivian unit of currency is the rufiyaa (ISO 4217 code MVR, symbol Rf.), introduced in 1947. The rufiyaa is divided into 100 laari. On 1 February 2009, the exchange rate with the US dollar was US$1.00 = MVR12.80. On 10 April 2011, the Government announced a limited float of the currency within a band of 20% from the previous exchange rate ...
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The Maldives Monetary Authority (MMA) is the central bank of the republic of Maldives and was established on July 1, 1981, under the mandate provided by the "“Maldives Monetary Authority Act 1981" located in the capital city of Malé. The current governor is Ahmed Munawar and deputy governor is Ahmed Imad. [4]
The laari (Dhivehi: ލާރި) is a coin denomination issued by the Maldives as the subdenomination of the Maldivian rufiyaa since 1960. One rufiyaa is equal to 100 laari. It was issued in denominations of 1, 2, 5, 10, 25 and 50. [1] The name of the currency is derived from lari.