Rufiyah

The rufiyah or rufiyaa (Mrf.)is the currency of the Maldives. It is subdivided into 100 laari.

The official exchange rate is US$1 to 12 MRf. Bank notes are available for denominations of (2), 5, 10, 20, 50, 100 and 500 rufiyah. The coins are 1, 2, 5, 10, 25 and 50 laari and 1 and 2 rufiyah.

Before the introduction of the rufiyah, copper coins, copper wire and cowrie shells were used as the currency.