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Maldivian Rufiyaa (MVR)

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 world

MVR Exchange Rates

1 Maldivian Rufiyaa equals:

Australian Dollar


Inverse: 9.70


Inverse: 16.85
British Pound


Inverse: 19.21
Indian Rupee


Inverse: 0.20
Japanese Yen


Inverse: 0.14
US Dollar


Inverse: 15.41

† Rates last updated at 8 minutes ago

‡ Rates are the interbank rate and are only available on large transactions

MVR Currency Facts

MVR Details

ISO 4217 CodeMVR
ISO 4217 Number462
Unit NameRufiyaa
Currency NicknamesN.a.

MVR Denominations

Minor Unit NameN.a.
Minor Unit Symbol N.a.
Minor Units2
Frequently Used banknotes5, 10, 20, 50, 100, 200, 500
Rarely Used BanknotesN.a.
Frequently Used Coins1, 2, 1, 5, 10, 25, 50
Rarely Used CoinsN.a.

MVR Issuance

Central BankMaldives Monetary Authority
Central Bank Website

World Bank Statistics

Estimated User Population515,696 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.

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