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Maldivian Rufiyaa (MVR)
The MVR is the official currency of Maldives, with the symbol Rf.
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Maldivian Rufiyaa to Australian Dollars: Exchange rates today
 MVR |  GBP |
|---|---|
| 1 MVR | 0.04 GBP |
| 10 MVR | 0.48 GBP |
| 20 MVR | 0.97 GBP |
| 50 MVR | 2.42 GBP |
| 100 MVR | 4.85 GBP |
| 250 MVR | 12.13 GBP |
| 300 MVR | 14.55 GBP |
| 500 MVR | 24.26 GBP |
| 1,000 MVR | 48.53 GBP |
| 2,000 MVR | 97.06 GBP |
| 5,000 MVR | 242.65 GBP |
| 10,000 MVR | 485.30 GBP |
| GBP | MVR |
|---|---|
| 1 GBP | 20.40 MVR |
| 10 GBP | 204.06 MVR |
| 20 GBP | 408.13 MVR |
| 50 GBP | 1,020.33 MVR |
| 100 GBP | 2,040.66 MVR |
| 250 GBP | 5,101.65 MVR |
| 300 GBP | 6,121.98 MVR |
| 500 GBP | 10,203.31 MVR |
| 1,000 GBP | 20,427.01 MVR |
| 2,000 GBP | 40,854.03 MVR |
| 5,000 GBP | 102,135.07 MVR |
| 10,000 GBP | 204,297.32 MVR |
Exchange rates are dynamic. Always remember to check the applicable rate in-app before carrying out your exchange.
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Learn more about the Maldivian Rufiyaa
History
The Maldivian Rufiyaa was established as the official currency of Maldives in 1960. Its introduction was a key development for the nation, and it continues to be a central part of the economic landscape of both Maldives and Asia. Check our guide about the evolution of MVR to GBP to learn more about their exchange rate history.Characteristics
The Maldivian Rufiyaa is divided into Laari. You'll find Maldivian Rufiyaa banknotes in 5, 10, 20, 50, 100, 500, 1000 rufiyaa and coins in 1 rufiyaa; 2, 5, 10, 25, 50 laari.Monetary policy
The Maldivian Rufiyaa is managed by the Maldives Monetary Authority, which is responsible for the currency's monetary policy and currency's value. This approach allows the currency to fluctuate based on market conditions, while the central bank retains the ability to intervene to maintain stability and control inflation. This strategic management is crucial for supporting the economic growth and stability of Maldives.Currency exchange
The value of the Maldivian Rufiyaa is determined by a floating exchange rate. This means its value can fluctuate based on global supply and demand, reflecting the country's economic strength and market conditions.
Facts table for the Maldivian Rufiyaa (MVR)
| Currency name | Maldivian Rufiyaa | |
| Currency code | MVR | |
| Currency symbol | Rf | |
| Minor unit | Laari | |
| Minor unit symbol | - | |
| Notes frequently used | 5, 10, 20, 50, 100, 500, 1000 rufiyaa | |
| Coins frequently used | 1 rufiyaa; 2, 5, 10, 25, 50 laari | |
| Central bank | Maldives Monetary Authority | |
| Users | Maldives |
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