Currency

The local currency is the Rufiyaa. A Rufiyaa is 100 Laari.

The rate for the US Dollar is determined by the central bank, Maldives Monetary Authority. The Maldivian Rufiyaa is pegged to the US Dollar at a market-reflective rate.







The Rufiyaa is in denominations of 500, 100, 50, 20, 10 and 5 Rufiyaa notes, 1 and 2 Rufiyaa coins and 50, 25, 10, 5, 2 and 1 Laari coins.

All resorts, hotels and most major shops and restaurants are authorised money changers and can accept payments in most major currencies and by credit card.

The Bank of Maldives Airport Branch located at the arrivals terminal also offers money changing services. If you are in need of Rufiyaa while in Malé, banks would be the most convenient.

Buy Sell
EUR € 16.2584 17.2096
GBP £ 18.4716 19.2915
USD $ 12.7500 12.8500

Source: Bank of Maldives

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