MVR 500 | Bank Note | Five Hundred Rufiyaa | Kae Kae | CurrencyStackerKK | Maldives | Asia
500 Maldivian Rufiyaa –
The Maldivian rufiyaa (Dhivehi: ދިވެހި ރުފިޔާ; sign: Rf or .ރ; code: MVR) is the currency of the Maldives. The issuance of the currency is controlled by the Maldives Monetary Authority (MMA). The most commonly used symbols for the rufiyaa are MVR and Rf. The ISO 4217 code for Maldivian rufiyaa is MVR. The rufiyaa is subdivided into 100 laari.
The name “rufiyaa” is derived from the Sanskrit रूप्य (rūpya, wrought silver). The midpoint of the exchange rate is 12.85 rufiyaa per US dollar and the rate is permitted to fluctuate within a ±20% band, i.e. between 10.28 rufiyaa and 15.42 rufiyaa as of 10 April 2017.
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