The Local currency in Maldives is Rufiyaa. 1 Rufiyaa is 100 Laari.
The Rufiyaa is in denominations of 500, 100, 50, 20, 10 and 5 Rufiyaa notes, 1 and 2 Rufiyaa coins and 50, 25, 10, 5, 2 and 1 Laari coins.
One US$ is equivalent to approximately 12.85 Rufiyaa.
|Credit Cards Accepted:
All resort islands, hotels and most major shops and restaurants are authorized money changers and can accept payments in most major currencies and by credit card.
The Bank of Maldives Airport Branch located at the arrivals terminal also offers money changing services. If you are in need of Maldives Rufiyaa while in Male’, banks would be the most convenient option.
|Banks in Maldives:
The Bank of Maldives is the national bank and has several branches in the capital Male’.
The Bank also has branches in some of the other major Atolls in the country, such as Seenu Atoll Hithadhoo, Haa Dhaalu Atoll Kulhudhufushi and Lhaviyani Atoll Naifaru.
There is also branch of the bank at Male’ International Airport. Several other banks are also operated in the Maldives including HSBC, Bank of Ceylon, State Bank of India, Mauritius Commercial Bank.
|Automatic Teller Machines(ATM) Services:
Most of the banks represented in Male’ provide automatic teller machine (ATM) services.
There are several Bank of Maldives ATMs and ATMs of other banks conveniently located at several key points in Male’ city, which offer regular ATM services as well as credit card services for some major credit cards.