Maldivian rufiyaa

Maldivian rufiyaa

ދިވެހި ރުފިޔާ (Dhivehi)
Rf. 1/- coin
ISO 4217
Code	MVR (numeric: 462) before 1990: MVQ
Subunit	0.01
Unit
Symbol	Rf, MVR, ރ‎
Denominations
Subunit
1⁄100	laari
Banknotes
Freq. used	Rf. 5/-, Rf. 10/-, Rf. 20/-, Rf. 50/-, Rf. 100/-, Rf. 500/-
Rarely used	Rf. 1,000/-, Rf. 5,000/-
Coins
Freq. used	50 laari, Rf. 1/-, Rf. 2/-
Rarely used	1, 5, 10, 25 laari
Demographics
User(s)	Maldives
Issuance
Central bank	Maldives Monetary Authority
Website	www.mma.gov.mv
Printer	De La Rue PLC
Website	www.delarue.com
Mint	Ministry of Finance
Website	www.finance.gov.mv
Valuation
Inflation	2.8%
Source	The 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 most commonly used symbols for the rufiyaa are MVR and Rf. The ISO 4217 code for Maldivian rufiyaa is MVR. The rufiyaa is subdivided into 100 laari.

The name "rufiyaa" is derived from the Sanskrit रूप्य (rūpya, wrought silver). The midpoint of exchange rate is Rf. 12/85 per US dollar and the rate is permitted to fluctuate within a ±20% band, i.e. between Rf. 10/28 and Rf. 15/42 as of 10 April 2017.^[1]