Maldivian Rufiyaa

Maldivian Rufiyaa

Maldivian Rufiyaa overview

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 MRF and Rf. The ISO 4217 code for Maldivian rufiyaa is MVR. The rufiyaa is subdivided into 100 laari. The name "rufiyaa" is derived from the Sanskrit रूप्य (rūpya, wrought silver). The midpoint of exchange rate is 12.85 rufiyaa per US dollar and the rate is permitted to fluctuate within a ±20% band, i.e. between 10.28 rufiyaa and 15.42 rufiyaa as of 10 April 2011.

1 MVR to USD exchange rates chart

MVR to  exchange rates chart

Maldivian Rufiyaa news

Maldives' Opposition-Aligned TV Channel Appeals for Help After Regulator Imposes Heavy Fines

Raajje TV has been charged under the Maldives' new and tougher defamation law, which the international community has described as posing a threat to the media, opposition and freedom of speech.

about 2 months conditional positive
Maldives opposition seeks to bar president from leaving country

Lawyers ask police to stop defeated President Abdulla Yameen from leaving country over corruption allegations.

2 months indicative neutral
Maldives debut sovereign bond could hurt private sector borrowing - opposition

The Maldives government's move to raise a $200 million via a debut sovereign bond could hurt the private sector's foreign borrowing, the main opposition said on Saturday.

over 1 year conditional negative
Maldives hit by anti-government protests
Maldives hit by anti-government protests

As tiny archipelago nation in Indian Ocean struggles with inflation, anti-government protesters clash with police

over 1 year subjunctive neutral
Maldives on a budget – yes, it's possible

This author spent about US $1000 per head for four nights, all in. Here's how she did it

over 1 year conditional neutral
Paradise done cheap: visit the Maldives without breaking the bank

You can eschew luxury resorts in the Maldives in favour of affordable holiday options that support local businesses.

over 1 year indicative neutral
The Maldives: A Development Success Story

In the early 1980s, the Maldives was one of the world’s 20 poorest countries, with a population of 156,000. In 2012, with a population of more than 300,000, it is a middle-income country with a per capita income of over $6,300.

over 1 year indicative neutral

MVR currency converter