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Maldives national flag - official symbol of Asia

Current Date And Time In Maldives

Sunday, 24 May 2026
03:23:32 MVT
Capital: Male
Currency: Maldivian rufiyaa (MVR)
Timezone: UTC +05:00 (MVT)
Population: 526,321

💰 .ރ Maldivian rufiyaa (MVR) - Maldives Currency Guide


Maldivian rufiyaa (MVR) is the official currency of Maldives, represented by the symbol . This comprehensive currency guide provides real-time exchange rates, forex trading data and practical information for international businesses, traders and financial professionals conducting transactions with Maldives.

Benefits for Professionals: Real-time exchange rates • Hourly currency updates • Major currency pairs • ISO 4217 currency codes • International payment reference • Forex trading data • Business transaction rates • Travel currency planning • Currency converter tool • Market research foundation for international operations and cross-border commerce

💰 Maldivian Rufiyaa Currency Profile

Maldivian Rufiyaa (MVR) is the official legal tender of Maldives, identified by the currency symbol and the ISO 4217 code MVR. This profile provides the core reference data for the MVR currency — including its official name, symbol, issuing country and continental region — useful for international invoicing, forex identification, banking transactions and cross-border payment processing involving Maldives.

Currency Name Maldivian Rufiyaa
ISO 4217 Code MVR
Currency Symbol
Country Maldives
Continent Asia

📊 MVR Exchange Rates

This table lists live MVR exchange rates against every major world currency — showing exactly how much 1 .ރ Maldivian Rufiyaa is worth in each foreign currency, plus the inverse rate (how much of each foreign currency equals 1 MVR). Rates are recalculated hourly, making this the most current MVR conversion reference for forex traders, importers/exporters, international businesses and travelers dealing with Maldives.

⏰ Updated hourly • May 23, 2026 4:53 PM UTC

Currency Code 1 MVR = Inverse Rate
United States Dollar USD 0.0649 1 = 15.4000 MVR
Euro EUR 0.0560 1 = 17.8702 MVR
Japanese Yen JPY 10.3380 1 = 0.0967 MVR
British Pound Sterling GBP 0.0483 1 = 20.6976 MVR
Chinese Yuan CNY 0.4412 1 = 2.2664 MVR
Australian Dollar AUD 0.0910 1 = 10.9941 MVR
Canadian Dollar CAD 0.0898 1 = 11.1356 MVR
Swiss Franc CHF 0.0510 1 = 19.6279 MVR
Indian Rupee INR 6.2143 1 = 0.1609 MVR
Mexican Peso MXN 1.1252 1 = 0.8887 MVR
🔄 Use Currency Converter

💱 Maldivian Rufiyaa VS Major World Currencies

Compare the Maldivian Rufiyaa (MVR) against the five most traded currencies in global forex markets: the US Dollar (USD), Euro (EUR), Japanese Yen (JPY), British Pound (GBP) and Chinese Yuan (CNY). This MVR vs major currencies comparison shows both the direct rate — how much foreign currency 1 .ރ buys — and the inverse rate, useful for pricing Maldives imports and exports, benchmarking MVR strength and planning international financial transactions.

⏰ Live Rate • Updated Hourly • May 23, 2026 10:30 AM UTC

Symbol Currency Exchange Rate Inverse Rate
$ 🇺🇸 USD
United States Dollar
.ރ 1 = $ 0.06494 $ 1 = .ރ 15.40000
🇪🇺 EUR
Euro
.ރ 1 = € 0.05596 € 1 = .ރ 17.87016
¥ 🇯🇵 JPY
Japanese Yen
.ރ 1 = ¥ 10.33799 ¥ 1 = .ރ 0.09673
£ 🇬🇧 GBP
British Pound Sterling
.ރ 1 = £ 0.04831 £ 1 = .ރ 20.69759
¥ 🇨🇳 CNY
Chinese Yuan
.ރ 1 = ¥ 0.44122 ¥ 1 = .ރ 2.26644

💡 Need more conversions? Use our Currency Converter Tool for hourly-updated rates, historical data and calculations for 100+ currencies.

🌏 Regional Currencies in Asia

See how the Maldivian Rufiyaa (MVR) compares against every other currency used across Asia. This MVR regional currency comparison is essential for intra-continental trade pricing, cross-border travel budgeting, regional investment analysis, and understanding Maldives's currency strength relative to its continental neighbours. Each row shows both the direct and inverse conversion rate so you can instantly calculate costs in either direction.

⏰ Live Rate • Updated Hourly • May 23, 2026 10:30 AM UTC

Country Currency Exchange Rate Inverse Rate
India INR
Indian rupee
.ރ 1 = ₹ 6.21432 ₹ 1 = .ރ 0.16092
China CNY
Chinese yuan
.ރ 1 = ¥ 0.44122 ¥ 1 = .ރ 2.26644
Indonesia IDR
Indonesian rupiah
.ރ 1 = Rp 1149.25974 Rp 1 = .ރ 0.00087
Pakistan PKR
Pakistani rupee
.ރ 1 = ₨ 18.06086 ₨ 1 = .ރ 0.05537
Bangladesh BDT
Bangladeshi taka
.ރ 1 = ৳ 7.97321 ৳ 1 = .ރ 0.12542
Japan JPY
Japanese yen
.ރ 1 = ¥ 10.33799 ¥ 1 = .ރ 0.09673
Philippines PHP
Philippine piso
.ރ 1 = ₱ 3.99244 ₱ 1 = .ރ 0.25047
Vietnam VND
Vietnamese dong
.ރ 1 = ₫ 1711.97303 ₫ 1 = .ރ 0.00058

🌍 Planning to travel or trade in Asia? Compare exchange rates and use our currency converter for accurate regional conversions.

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📖 Comprehensive Guide to Maldivian rufiyaa (MVR)

Understanding the Maldivian rufiyaa

The Maldivian rufiyaa (MVR) serves as the official monetary unit of Maldives, facilitating all domestic and international financial transactions. Represented by the symbol , this currency plays a crucial role in Maldives's economy, international trade relationships and global financial markets.

The ISO 4217 standard currency code MVR is universally recognized in international banking systems, forex trading platforms, financial documentation and electronic payment processing. This three-letter code ensures accurate currency identification across global financial networks, preventing errors in international money transfers, foreign exchange transactions and cross-border commerce operations.

Currency Exchange & Forex Trading

The MVR exchange rate fluctuates continuously in global forex markets based on economic indicators, central bank policies, trade balances, inflation rates, political stability and investor sentiment. Real-time MVR exchange rates are essential for international businesses conducting import/export operations, multinational corporations managing currency risk, forex traders executing market strategies and travelers planning international trips to Maldives.

Major MVR currency pairs traded in forex markets include MVR/USD (Maldivian rufiyaa to US Dollar), MVR/EUR (Maldivian rufiyaa to Euro), MVR/GBP (Maldivian rufiyaa to British Pound) and MVR/JPY (Maldivian rufiyaa to Japanese Yen). Professional forex traders analyze technical indicators, economic data releases and geopolitical events to predict MVR price movements and identify profitable trading opportunities.

International Business & Trade

Businesses engaged in international trade with Maldives must manage MVR currency exposure through hedging strategies, forward contracts and currency options to mitigate exchange rate risk. Understanding MVR conversion rates is critical for accurate pricing strategies, profit margin calculations, contract negotiations and financial forecasting when conducting business operations in Maldives's markets.

Importers purchasing goods from Maldives require MVR to settle invoices, while exporters selling products to Maldives receive payment in Maldivian rufiyaa. Currency conversion fees, bank transfer charges and exchange rate spreads significantly impact transaction costs, making competitive MVR exchange rates essential for maintaining profit margins in cross-border commerce.

Travel & Tourism Information

Travelers visiting Maldives need to exchange their home currency for Maldivian rufiyaa (MVR) to pay for accommodations, transportation, dining, shopping and tourist attractions. The MVR exchange rate directly affects travel budgets, with favorable rates providing greater purchasing power for international visitors exploring Maldives's destinations.

Currency exchange options for travelers include airport exchange counters, local banks, ATM withdrawals, credit card transactions and specialized currency exchange services. Comparing MVR exchange rates across providers helps travelers minimize conversion fees and secure the best value when converting foreign currency to Maldivian rufiyaa for their Maldives travel expenses.

Digital Currency Tools & Resources

Our MVR currency converter provides instant exchange rate calculations between Maldivian rufiyaa and 180+ world currencies, powered by real-time market data updated hourly. This professional-grade tool serves forex traders conducting technical analysis, business professionals managing international payments, e-commerce merchants pricing products for Maldives's market and travelers planning trip budgets.

Access historical MVR exchange rates, currency trend charts, volatility analysis and comparative currency data to support strategic decision-making in international finance, cross-border investments and global business expansion initiatives targeting Maldives's economy. Our comprehensive currency database includes ISO 4217 codes, currency symbols, decimal specifications and related financial reference data for professional applications.

Economic Indicators & Market Analysis

The MVR value reflects Maldives's economic health, including GDP growth rates, unemployment levels, inflation trends, trade balance figures, foreign investment flows and central bank monetary policies. Financial analysts and market researchers monitor these MVR economic indicators to forecast currency movements, assess investment opportunities and evaluate country risk for international business ventures.

Understanding Maldivian rufiyaa dynamics is essential for portfolio managers allocating assets internationally, corporate treasurers managing foreign exchange exposure, financial institutions processing cross-border payments and businesses expanding operations into Maldives's market. Stay informed with our live MVR exchange rates, market insights and professional currency tools designed for international finance professionals and global business operations.

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