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Last updated : Nov 2009
Maldives Currency
Maldives Currency and Bank information - TravelPuppy.com
Maldivian Rufiya (Rf) = 100 laari.

Notes in circulation are in denominations of Rf500, 100, 50, 20, 10 and 5. Coins come in denominations of Rf2 and 1, and 50, 25, 10, 5, 2 and 1 laari.

Currency exchange

Major currencies are exchangeable at banks, tourist resort islands, hotels and some shops. Payments in hotels can be made by travellers cheques, credit cards, or in cash in most hard currencies, especially US Dollars.

Credit & debit cards

Most main island resorts accept Visa, American Express, MasterCard, Diners Club and Eurocard. Arrangements are different from island to island, and it is recommended to consult with your credit or debit card insurer for specifics of merchant acceptability and other facilities which may accept your credit or debit card.

Travellers cheques

Travellers cheques are usually accepted in US Dollars and Sterling; however, it is recommended to take travellers cheques in US Dollars to avoid paying added exchange rate charges.

Exchange rate indicators

The information below is included as a guide to the fluctuation of the Maldivian Rufiya against Sterling and the US Dollar:
 
Date Oct'07
£1.00=
26.55
$1.00=
12.96
 
Currency restrictions

No restrictions exist on import or export of both local or foreign currencies.

Banking hours

Banks are open Monday to Friday, from 08:00-12:00 and from 13:30-17:30 hours.
Useful travel links
VISA ATM Locator location of any ATMs that accept VISA cards
Universal Currency Converter online foreign exchange & currency converter