Maldives Coin List
The official currency of the Maldives is the Maldivian rufiyaa, which is divided into 100 laari. This monetary system has a rich history that reflects the economic and cultural evolution of the Indian Ocean archipelago.
Current currency in circulation
The modern Maldivian rufiyaa was introduced in 1947, replacing the Ceylon rupee. Currently, coins circulate in denominations of 1, 2, 5, 10, 10, 25 and 50 laari, as well as 1 and 2 rufiyaa. Banknotes are issued in denominations of 5, 10, 20, 20, 50, 100, 500 and 1000 rufiyaa. The Maldives Monetary Authority is responsible for issuing and regulating the national currency.
Monetary history and relevant facts
Prior to the rufiyaa, the Maldives used various monetary systems, including cowrie shells as a medium of exchange until the 19th century. An important milestone in Maldivian numismatics was the minting of the first local coins in 1913 during the reign of Sultan Muhammad Shamsuddeen III. In 2015, the Maldives issued a commemorative series of coins and banknotes to celebrate the 50th anniversary of its independence, highlighting the importance of numismatics in preserving the country's history and culture.
| Country | Maldives |
| Flag | |
| Coin | Maldivian rufiyaa (MVR) |
| 1€ | .ރ17.50 |
| Continent | Asia |
| Capital city | Malé |
| ISO2 | MV |
| ISO3 | MDV |
| Catalogued coins | 60 |
If you are a passionate collector, this catalog offers the possibility to create your own personal collection from this list. You can add your coins and generate a free PDF catalog from a complete database and our management tools.
The most valuable and popular coins
The most valuable Maldives coins and sought after by collectors according to Foronum statistics are the following:
The valuation of these coins list has been achieved through a meticulous algorithm that considers the current market, taking into account aspects such as material, weight, diameter, edge, year of mintage, mint of manufacture and the number of coins produced. Coins with limited mintages and in good condition are usually among the most valuable.
Coins of Maldives according to historical period
For ease of organization, the coins have been arranged according to their historical period, both current and old Maldives coins are classified by their numismatic historical categories according to their issues.
Larin 1660-1947 Rufiyaa 1947-?Coin Catalog
Maldivas | 1 larin
Maldivas | 1/2 larin
Maldivas | 1 larin
Maldivas | 2 laari
Maldivas | 10 laari
Maldivas | 25 laari
Maldivas | 25 laari
Maldivas | 25 laari
Maldivas | 1 laari
Maldivas | 2 laari
Maldivas | 1 laari (FAO)
Maldivas | 5 laari
Maldivas | 10 laari
Maldivas | 25 laari
Maldivas | 25 laari
Maldivas | 50 laari
Maldivas | 50 laari
Maldivas | 1 rufiyaa
Maldivas | 1 rufiyaa
Maldivas | 1 rufiyaa
Maldivas | 5 laari (United Nations-Decade for Women)
Maldivas | 100 rufiyaa (Inauguration of the Great Mosque)
Maldivas | 2 rufiyaa
Maldivas | 20 rufiyaa (Millenium)
Maldivas | 5 rufiyaa (Millennium)
Other resources to find coins and banknotes of Maldives
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