
To convert Maldives currency to Indian Rupees, you'll need to know the current exchange rate. The Maldivian rufiyaa (MVR) is the local currency of the Maldives.
The exchange rate can fluctuate frequently, so it's essential to check the current rate before making any transactions. You can find the latest exchange rate on various online currency conversion tools or at a local bank.
To give you a better idea, the Maldives currency is pegged to the US dollar, which means its value is directly linked to the dollar's value. This can affect the exchange rate, making it slightly more complicated to convert.
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Converting to Indian Rupees
To convert Maldivian rufiyaa to Indian rupees, simply type in the amount you want to convert and click on the dropdown to select MVR in the first dropdown and INR in the second dropdown.
You can also use a currency converter that shows you the current MVR to INR rate and how it's changed over the past day, week or month.
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The current exchange rate is approximately 1 Indian Rupee = 0.1778 Maldives Rufiyaa, as of 19/01/2025 19:12.
To get an idea of how much you'll get for your rufiyaa, you can use a conversion table like this:
Keep in mind that currency conversion rates fluctuate regularly, so it's a good idea to check for the latest rates before any transaction.
If you're converting a larger amount, you can use the following conversion rates:
Remember to always check the latest exchange rates to make informed decisions while converting currencies.
Conversion Tools
You can use various tools to convert Maldivian rufiyaa to Indian rupees, including online currency converters and conversion tables. These tools will show you the current MVR to INR rate and how it's changed over the past day, week or month.
Some online currency converters will also provide you with a conversion table that shows the exchange rate for different amounts of MVR, such as 1 MVR = 5.6142 INR, 5 MVR = 28.071 INR, and so on.
To get the most up-to-date exchange rate, you can also check the latest currency exchange rates on websites that provide live currency rates, such as 1 Indian Rupee = 0.1778 Maldives Rufiyaa.
Coins

Coins are an essential part of the Maldivian currency, and understanding them can be helpful when converting between different denominations.
The Maldives Monetary Authority (MMA) introduced the Rf. 1 coin in 1983, minted in West Germany, and it's still in circulation today.
Coins currently in circulation include denominations of 1 laari, 2 laari, 5 laari, 10 laari, 25 laari, 50 laari, Rf. 1, and Rf. 2.
The design of the coins features traditional Maldivian symbols, such as the coconut palm, tuna, and sailing boat.
Here's a breakdown of the coins currently in circulation:
The introduction of a new bimetallic Rf. 2 coin in 2017 replaced the previous Rf. 2 coin.
All Currency Pairs
You can convert Maldivian rufiyaas to Indian rupees using a currency converter, which will show you the current MVR to INR rate and how it's changed over the past day, week or month.
To convert MVR to INR, simply type in the box how much you want to convert, click on the dropdown to select MVR in the first dropdown as the currency that you want to convert and INR in the second drop down as the currency you want to convert to.
The conversion process can often be done at banks, currency exchange counters, or through digital platforms. Currency conversion rates fluctuate regularly, so it's prudent to check for the latest rates before any transaction.
Here are some examples of MVR to INR conversions:
You can also convert INR to MVR, and the exchange rate is currently 1 INR = 0.1778 MVR.
Background Information
The Maldives, a tropical paradise famous for its crystal-clear waters and pristine beaches, has a unique currency system that's essential to know for travelers.
The Maldivian rufiyaa (MVR) is the official currency of the Maldives, and it's subdivided into 100 laari.
Tourists can exchange their money for rufiyaa at local banks, currency exchange offices, or hotels, but be aware that some places may not accept credit cards or foreign currencies.
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Currency Sign
The Maldivian Rufiyaa currency symbol was introduced to the public on 3 July 2022 by the Maldives Monetary Authority (MMA).
The symbol represents the letter "Ra" from the Thaana script, which is also the first letter in the Dhivehi spelling of "Rufiyaa".
It was designed by Mr. Hassan Shujau, who was chosen from among 70 concept proposals received by MMA through a nationwide competition.
The symbol can be customized to match the font it's used with, while maintaining its proportions and ratios.
The proposals were evaluated by an evaluation committee consisting of members from MMA, Dhivehi Bahuge Academy, and other areas of expertise.
Banknotes
Banknotes have been a widely accepted form of currency for centuries. They were first introduced in China during the Tang Dynasty, around 1023 AD.
Paper money was initially used as a substitute for copper coins, which were heavy and difficult to transport. This early form of paper currency was called "jiaozi" and was only accepted in a limited geographical area.
The first banknotes issued by a government were in Sweden in 1661. They were called "assignats" and were used to finance the country's military expenses.
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Banknotes were initially backed by gold and silver reserves, but this system was eventually abandoned. Today, most banknotes are fiat currency, meaning their value is derived from government decree rather than any physical commodity.
The design and security features of banknotes have evolved significantly over the years. Modern banknotes often feature intricate security threads, watermarks, and holograms to prevent counterfeiting.
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What is Maldives
The Maldives is an island nation in the Indian Ocean, known for its stunning beaches and vibrant marine life. It's a popular destination for travelers, but to truly experience the local culture, you'll want to have some knowledge of the local currency.
The official currency of the Maldives is the Maldives Rufiyaa (MVR), which was introduced in 1981. This currency is used throughout the country and is essential for everyday expenses.
The Rufiyaa is divided into 100 laari, similar to how dollars are divided into cents. This means you'll often see prices listed in laari, so it's good to have a basic understanding of the currency.
The Maldives Monetary Authority (MMA) issues the banknotes, which come in various denominations, including Rf. 2, Rf. 5, Rf. 10, Rf. 20, Rf. 50, Rf. 100, and Rf. 500.
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Frequently Asked Questions
Is Maldives' currency higher than India's?
No, the Maldivian rufiyaa is not higher than the Indian rupee, as 1 Maldivian rufiyaa equals 0 Indian rupees. This means you'll need to exchange your currency when you arrive in the Maldives.
Is Indian currency higher than Maldives?
No, the Indian rupee is not higher than the Maldivian rufiyaa, as 1 Maldivian rufiyaa is equivalent to 0 Indian rupees. This means you'll need to exchange your currency when you arrive in the Maldives.
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