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The currency code for rufiyaa is mvr.
Maldives currency. Although as a tourist you really do not need to take much if any local currency. As late as 1344 ibn batuta observed that more than 40 ships loaded with cowry shells were exported each year. The best currency to take to the madlives is either the euro or the dollar.
The earliest form of currency used in the maldives was cowry shells cypraea moneta and historical accounts of travellers indicate that they were traded in this manner even during the 13th century. While the usdmvr spot exchange rate is quoted and exchanged in the same day the usdmvr forward rate is quoted today but for delivery and payment on a specific future date. Its name is derived from sanskrit rupya which means wrought silver the maldivian rufiyaa carries the sign rf and the code mrf and is subdivided into 100 laari.
The countrys central bank the maldives monetary authority is the only institution allowed to control the currency. Although many island allow and some prefer tyou to pay by card. The maldivian rufiyaa is the countrys official currency.
The first currency used in the maldives were cowry shells but these days you will need to carry money called rufiyaa mvr. The maldivian rufiyaa is the currency of maldives maldive islands. Below youll find maldivian rufiyaa rates and a currency converter.
You can only get it in the maldives so dont try to exchange sterling for rufiyaa in the uk before you fly. As a rough guide one rufiyaa is worth just less than 5p.
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