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

With eyes wide open

Chinese investment in South Asia brings both benefits and burdens

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HDC denies spending millions on President Yameen's campaign
HDC denies spending millions on President Yameen's campaign

Housing Development Corporation (HDC) on Thursday refuted allegations that the company had unlawfully spent millions on the re-election campaign of President Abdulla Yameen Abdul

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Maldives opposition seeks to bar president from leaving country

Opposition in the Maldives opposition asked the police to bar President Abdulla Yameen from leaving the country hours after he announced plans to step down in the face of a likely defeat in a court case challenging his election loss.

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Maldives opposition seeks to bar president from leaving country

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

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