Science Fair Project Encyclopedia
Rufiyah
The rufiyah or rufiyaa (MRF) is the currency of the Maldives. It is subdivided into 100 Laari .
The official exchange rate is US$1 to 12.85 MVR. Bank notes are available for denominations of (2), 5, 10, 20, 50, 100 and 500 rufiyah. The coins are 1, 2, 5, 10, 25 and 50 laari and 1 and 2 rufiyah.
Before the introduction of the rufiyah, copper coins, copper wire and cowrie shells were used as the currency.
10-26-2009 08:16:03
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The contents of this article is licensed from www.wikipedia.org under the GNU Free Documentation License. Click here to see the transparent copy and copyright details