Maldives: USD exchange rate

The currency chart for the Maldives shows historical data for the Maldivian Rufiyaas per USD exchange rate. These are monthly averages and not end-of-month currency values. An increase means depreciation against the USD as one can exchange more Maldivian Rufiyaas per USD. Depreciation implies that goods from the Maldives become cheaper to export and it becomes cheaper for foreigners to visit the Maldives.

The series for the Maldives are available from September 2004 to February 2025. For that period, the average exchange rate for the Maldives was 14.5486 Maldivian Rufiyaas per USD with a minimum of 12.796 Maldivian Rufiyaas per USD in January 2008 and a maximum of 15.4947 Maldivian Rufiyaas per USD in May 2018. The most recent available data point is 15.4017 Maldivian Rufiyaas per USD, a change of -0.03% from the previous data point of 15.4057 Maldivian Rufiyaas per USD and a change of 0.06% from a year ago when the level was 15.393 Maldivian Rufiyaas per USD.

Currency values in the Maldives and elsewhere have different driving forces over the short-run and the long-run. Countries may have fixed or floating exchange rate regimes or be part of monetary unions. They may experience currency crises. These and other issues are discussed in detail on our Exchange rate page.