Currency Information on Maldivian Rufiyaa - MVR — Maldivian Rufiyaa - .ރ
Originally, until 1344, the Maldives traded using shells, when the dinar was introduced; the one dinar coin was worth 400,000 shells.
Coins ceased to be made specifically for the Maldives in the 1900’s and this resulted in the supplementary issuing of banknotes on 1947.
Coins are available in denominations of 1 laari, 5 laari, 10 laari, 25 laari, 50 laari, Rf 1 and Rf 2. Banknotes are available in denominations of Rf. 5, Rf. 10, Rf. 20, Rf. 50, Rf. 100 and Rf. 500.
We are an international business and work with companies around the world, especially California in the US and Australia. Our providers are based in different countries so we need to be constantly up to date about the current foreign exchange rates. Otherwise, we would be wasting money during the currency transfer process and obviously this is not what a business wants.
Comment written by Victoria Brown Wine Industry.
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