Maldives currency: What to take and why it matters

Heading to the Maldives soon? Whether you’re staying in a luxury resort or hopping between local islands, knowing which money to pack will make your trip smoother. 

Here’s everything you need to know about the Maldives currency, how to pay, and where to get the best value.

Maldivian currency and who issues it

The official currency of the Maldives is the Maldivian rufiyaa (MVR). 

It’s issued by the Maldives Monetary Authority, the country’s central bank, which manages the design, circulation, and stability of the Maldivian currency.

Before banknotes were introduced, locals once traded cowrie shells and conch shells as early forms of money. 

Today’s Republic of Maldives currency is a lot more modern – beautifully designed with marine themes that reflect the nation’s ocean heritage.

Meet the Maldivian rufiyaa (MVR)

The Maldivian rufiyaa is divided into 100 laari. 

Each banknote and coin shows off island life, from boats to skipjack tuna to a woman making ekels – a traditional handicraft scene.

Maldivian rufiyaa notes come in colourful denominations ranging from 5 to 1,000 Rf, printed on durable polymer for easy handling in humid weather. 

You’ll also find coins in smaller values such as 50 and 100 laari. 

The Maldivian rufiyaa symbol is Rf, and the currency code is MVR. 

Every banknote in circulation is legal tender, recognised across all local islands and resorts.

Maldivian rufiyaa notes and coins explained

Banknotes come in denominations of 5, 10, 20, 50, 100, 500, and 1,000 Rf. Each note’s reverse design tells a story, from a boy reciting lessons to neckline threading patterns on clothing.

The smaller coins feature 50 laari and 100 laari values. These come in handy for small purchases like ferry fares or drinks at kiosks. 

Every denomination value is easy to recognise thanks to the bright colours and artistic marine imagery, including the traditional hand-carved vase motif on higher notes.

MVR Exchange rates 

Wondering how much Maldivian currency to GBP is worth? Rates change daily, but as a rough guide, 1 Rf ≈ is approximately £0.05, so 1,000 Rf ≈ is approximately £50.  

You can check our live currency converter for exchange rates – it will show the most accurate MVR to GBP value at the time you place your order. 

Always review the Maldivian currency rate before you travel or buy online, as foreign exchange rates shift slightly each day. 

What is the best currency to take to the Maldives?

MVR or US dollars?

Both the US dollar and the Maldivian rufiyaa are widely accepted in tourist zones, but the best currency to use overall is the local currency. 

Resorts may quote prices in USD, yet you’ll often receive change in Rf at a less favourable exchange rate.

On local islands, shops and cafés usually price everything in Rf, and often won’t take dollars at all. 

Using rufiyaa helps you pay exact amounts without losing out on small differences, and it supports local businesses too.

Don’t worry if you get back with leftover travel money. At Manor FX, we’ll convert your remaining Maldives currency to GBP. 

Using cash, cards and ATMs in the Maldives

While cash is still essential, credit cards are widely accepted in resorts, hotels, and dive centres. Visa and Mastercard usually work without trouble, though fees may apply for each transaction.

There are ATMs in Malé and some islands, run by major banks, where you can withdraw Rf. 

Keep in mind that remote areas may not have reliable access, so it’s wise to exchange money before heading out.

Having a mix of cash and a card is the best bet for most travellers.

How to pay on the islands

When you visit local islands, you’ll quickly notice that foreign currency isn’t always welcome. 

Small businesses and guesthouses usually ask for cash in Maldivian rufiyaa for everyday goods and services.

Prices are straightforward and transparent, but always check whether tax or service charges are included. 

Travellers using Rf will find paying simpler, quicker, and more convenient, especially where card terminals are limited.

Having local currency also helps you blend in and experience genuine island life.

How to get your currency with Manor FX

Buying Maldivian rufiyaa online is the easiest way to get ready before you go. 

Here’s how to order securely with Manor FX:

1. Choose your currency

Visit our site and pick Maldivian rufiyaa currency from the list. Enter how much you’d like in British pounds or how many Rf you need.

2. Check your rate

We’ll show you a locked-in exchange rate with full visibility so you know exactly how much Maldivian currency you’ll receive.

3. Select delivery or collection

Have your cash delivered securely to your door, or collect from our London location. Every order is insured and secure.

4. Confirm your details

Fill in your name, address, and preferred date for delivery. You can pay in advance by bank transfer or by card, or with cash on collection.

5. Relax while we do the rest

We’ll process your order quickly and send a confirmation once it has been dispatched. That way, you’re ready to arrive in the Maldives with rufiyaa in hand.

Ordering early is your best bet for peace of mind. 

It saves you from relying on airport rates and gives you more time to enjoy your trip.

Final Maldives Island currency tips before you leave

Before you arrive in the Maldives, remember to:

• Carry a mix of cash and credit cards.
• Keep small coins for ferries and snacks.
• Use ATMs in Malé or larger islands when needed.
• Exchange a bit extra to cover unexpected prices.
• Always keep your money safe and secure when travelling by boats between islands.
  

The local currency is your best friend once you land – it helps you pay easily, get fair exchange rates, and enjoy authentic local island experiences.

For the smartest start to your adventure, order your Maldivian rufiyaa from Manor FX in advance and travel knowing your spending money is sorted.

And don’t forget, WE’ll convert Maldives currency back to GBP on your return! 

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