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The Maldivian Rufiyaa (MVR) is the official currency of Maldives, issued by the Maldives Monetary Authority. First introduced in 1947, it replaced the Ceylon Rupee. The Rufiyaa is closely linked to the Maldives’ tourism-driven economy, with many transactions in the country also conducted in US dollars. The currency’s banknotes and coins showcase marine life, cultural heritage, and local industries, reflecting the country's strong connection to the Indian Ocean.
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Last updated: Exchange rates here are informational, reflecting mid-market rates which fluctuate regularly. For an estimation of the rates offered by Instarem, please check our currency conversion calculator at the time of transfer.

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