Maldivian rufiyaa in US Dollar

MVR Maldivian rufiyaa

Country of application:
Maldives

Coin denominations in circulation:
1, 2, 5, 10, 25, 50 lari, 1 and 2 rufiyaa.

Denominations of banknotes in circulation:
5, 10, 20, 50, 100, 500 and 1000 rufiyaa.

History reference:
The monetary unit of the Republic of Maldives at the moment is the Maldivian rufiyaa. The territory of the state is a ridge of more than 20 island formations of coral origin, which also consist of mo...re than a thousand smaller islets-atolls. The ridge of the Maldives archipelago stretches in a line from north to south. The total land area is approximately 300 square kilometers. Previously, the Maldivian rufiyaa was extremely poorly protected, and rampant diversification created unfavorable economic tariffs within the state, later protection systems were developed - watermarks and perforations. Money is printed on paper, which is purchased by America for the production of dollars, in addition, a wide range of colors is used in production. Banknotes are very small. Rufiyaas are used only within the country and are not in circulation in other countries of the world

USD US Dollar

Country of application:
US, American Samoa, British Indian Ocean Territory, British Virgin Islands, Virgin Islands (US), Timor Leste, Haiti, Guam, Marshall Islands, Micronesia, Palau, Panama, Puerto Rico, Northern Mariana Islands, Turks and Caicos Islands, Ecuador

Coin denominations in circulation:
$ 1, 50, 25, 10, 5 and 1 cent.

Denominations of banknotes in circulation:
100, 50, 20, 10, 5, 2, 1 dollar.

History reference:
The US dollar is the countrys official currency and one of the worlds reserve currencies. The name "dollar" is secondary to the name of the European silver coin. Its appearance falls on the period an...d 1775 to 1783 (during the American Revolutionary War). Initially, dollars were only in the form of coins