Maldivian Rufiyaa (MVR) TradingHours.com
The Maldivian Rufiyaa is the primary currency of Maldives. This currency is used by an estimated 515,696 people. Based on our estimate, Maldivian Rufiyaa is the #137 most popular currency is the world.
The currency code for the Maldivian Rufiyaa is "MVR". The ISO 4217 number for this currency is 462.
Maldivian Rufiyaa conversion rates, useful facts, and holiday schedule can be found below.
MVR Currency Demographics
The primary country using the Maldivian Rufiyaa is Maldives.
There are approximately 515,696 people around the world who use the Maldivian Rufiyaa. The Maldivian Rufiyaa is the #137 most used widely currency is the world.
515,696 user population
Ranked #137 in the worldMVR Exchange Rates
1 Maldivian Rufiyaa equals:
† Rates last updated at 49 minutes ago
‡ Rates are the interbank rate and are only available on large transactions
MVR Currency Facts
MVR Details
| ISO 4217 Code | MVR |
|---|---|
| ISO 4217 Number | 462 |
| Unit Name | Rufiyaa |
| Symbol | N.a. |
| Currency Nicknames | N.a. |
MVR Denominations
| Minor Unit Name | N.a. |
|---|---|
| Minor Unit Symbol | N.a. |
| Minor Units | 2 |
| Frequently Used banknotes | 5, 10, 20, 50, 100, 200, 500 |
| Rarely Used Banknotes | N.a. |
| Frequently Used Coins | 1, 2, 1, 5, 10, 25, 50 |
| Rarely Used Coins | N.a. |
MVR Issuance
| Central Bank | Maldives Monetary Authority |
|---|---|
| Central Bank Website | http://www.mma.gov.mv/index.php |
World Bank Statistics
| Estimated User Population | 515,696 people |
|---|---|
| Population Rank | #137 |
| MVR Inflation Rate | -0.13% |
| Inflation Rank | #108 |
† Population and Inflation rate as based on data from the World Bank.
‡ Corrections or suggestions? Please contact us.
2020 MVR Currency Holidays
Based on holidays observed by the Maldives Monetary Authority. On these dates banks and payment systems may be closed. Settlement in Maldivian Rufiyaa may also be closed on these dates.
| Holiday | Date | Status |
|---|---|---|
| New Year's Day | January 1, 2020 | Closed |
| Start of Ramadan | April 24, 2020 | Closed |
| Labour Day | May 1, 2020 | Closed |
| Fith'r Eid Day | May 24, 2020 | Closed |
| Fith'r Eid Day | May 25, 2020 | Closed |
| Fith'r Eid Day | May 26, 2020 | Closed |
| Independence Day | July 26, 2020 | Closed |
| Independence Day | July 27, 2020 | Closed |
| Haji Day | July 30, 2020 | Closed |
| Al'haa Eid Day | July 31, 2020 | Closed |
| Al'haa Eid Day | August 1, 2020 | Closed |
| Al'haa Eid Day | August 2, 2020 | Closed |
| Islamic New Year | August 20, 2020 | Closed |
| Maldives National Day | October 17, 2020 | Closed |
| Prophet Mohammed's Birthday | October 29, 2020 | Closed |
| Victory Day | November 3, 2020 | Closed |
| Republic Day | November 11, 2020 | Closed |
| Day Maldives Embraced Islam | November 18, 2020 | Closed |
| Last Business Day of Year | December 31, 2020 | Closed |
MVR Currency History
The Maldivian Rufiyaa was created in January 1982. The table below shows the history of currencies that ultimately became the Maldivian Rufiyaa.
| Currency | Active | Replaced By |
|---|---|---|
| Maldivian rupee (MVQ) | unknown to December 1981 | MVR |