Maldivian rufiyaa

Maldivian rufiyaa
ދިވެހި ރުފިޔާ (Dhivehi)
1 rufiyaa coin
ISO 4217
CodeMVR (numeric: 462)
before 1990: MVQ
Subunit0.01
Unit
SymbolRf, MVR, ރ,
Denominations
Subunit
1100laari
Banknotes
Freq. usedRf. 5, Rf. 10, Rf. 20, Rf. 50, Rf. 100, Rf. 500
Rarely usedRf. 1,000, Rf. 5,000
Coins
Freq. used25 laari, 50 laari, Rf. 1, Rf. 2
Rarely used1, 5, 10 laari
Demographics
User(s) Maldives
Issuance
Central bankMaldives Monetary Authority
Websitewww.mma.gov.mv
PrinterDe La Rue PLC
Websitewww.delarue.com
MintMinistry of Finance
Websitewww.finance.gov.mv
Valuation
Inflation2.8%
SourceThe World Factbook, 2017 est.

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 rufiyaa is subdivided into 100 laari.

The name rufiyaa is derived from the Sanskrit रूप्य (rūpya, lit.'wrought silver'). The midpoint of exchange rate is Rf. 1285 per US dollar and the rate is permitted to fluctuate within a ±20% band, i.e. between Rf. 1028 and Rf. 1542 as of 10 April 2017.