Before getting to any worldwide destination, it is important to know the currency of that country. With this, other questions also come to mind i.e. how much money one should carry, where to exchange currency, etc. But The Travel Makers is here to resolve all your worries with the best-assisting service catering to any detail or preference of the traveler. This agency is known as the best travel agency in Dubai offering curated and personalized Maldives tour packages whether anyone looking for a honeymoon package, a luxury package with family, or just a solo trip. These all-inclusive Maldives tour packages include benefits such as flights, staying at luxurious hotels, or resort transfers by speedboat or seaplane.

Local Currency of the Maldives – Maldivian Rufiyaa (MVR)

The official currency of the Maldives is Maldivian Rufiyaa (MVR). Most of the services in the Maldives are priced in MVR across the islands.

Things to know about Maldivian currency:

  • MVR comes in coins of 1, 2, 5, 10, 25 and 50 laari. Banknotes are in denominations of 5, 10, 20, 50, 100, 500 and 1000 rufiyaa.
  • US dollars are accepted at most resorts and liveaboards. But you’ll get the best rates when paying in MVR.
  • Credit cards like Visa and Mastercard are accepted at resorts. But carry cash for small vendors.
  • There are ATMs in the capital Male where you can withdraw MVR.

How much cash you should carry to the Maldives?

Generally, credit cards are acceptable in the Maldives, but one should also carry some cash for local vendors or in case the currency exchange counters are closed. Here are some tips on how much Maldivian Rufiyaa (MVR) to carry when traveling to the Maldives and what to keep in mind:

  • Carry MVR 2,000-5,000 per person for a short 1-3 day trip. For a longer stay of a week or more, carry MVR 5,000-10,000 per person. Adjust amounts based on your planned activities.
  • Carry cash in smaller denominations – 50s, 100s, 500s. Many small shops may not have change for large bills.
  • Use ATMs to withdraw cash once you are in the Maldives. Inform your bank before traveling. Check for ATM withdrawal fees.
  • Keep credit/debit cards handy as well, as most hotels, resorts, and larger shops accept cards. But small shops may be cash-only.
  • Do not exchange all your money at the airport when you arrive as exchange rates are very poor. Exchange small amounts at banks or authorized money changers in Male City or your resort.
  • Carry a mix of US dollars and MVR. Dollars are widely accepted, but you’ll need local currency as well.

Where to Exchange Money in the Maldives

You have several options to exchange money in the Maldives:

Airport Exchange Counters

Most international airports including Male International Airport have exchange counters after immigration. Rates are fairly standard but may not be the best. Airport exchanges are convenient for getting your first batch of MVR.

Local Banks

All banks exchange foreign currency. The top banks are the Bank of Maldives, Maldives Islamic Bank, and State Bank of India. Exchange rates are competitive but banks only operate on weekdays during business hours.

Resort Cashier

Nearly every resort has a cashier that offers currency exchange services. Rates are quite good but the availability of currencies may be limited on smaller islands. Resort exchanges are great for topping up along the way.

Money Changers

Licensed money changers are located in Male city and other tourist islands. Rates are usually better than Maldives airports and Maldives hotels. However some may not accept all currencies or traveler’s cheques.


ATMs from major banks allow withdrawing MVR using foreign debit/credit cards. Check if your bank charges international fees. ATMs offer fair rates but are subject to the availability of cash.

Tips for Exchanging Currency in the Maldives

  • Carry major currencies like US Dollars, Euros, or Pounds. Other currencies may not be accepted everywhere.
  • Ask for smaller denominations when exchanging money to use for tips, transportation, etc.
  • Check exchange rates online to compare deals across banks, resorts, and airports.
  • Keep exchange receipts to re-exchange unused MVRs when leaving.
  • Use ATMs to withdraw MVR instead of exchanging in large amounts.
  • Split money across locations – airport, resort, bank, money changer to get the best rates.

Enjoy Your Maldives Getaway!

By knowing where and how to exchange your money in the Maldives, you can avoid hassles and make the most of your Maldives travel budget. A Maldives vacation with The Travel Makers, the best travel agency in Dubai, ensures an unforgettable tropical escape.

Come prepared with the right currency so you don’t miss out on any of the amazing experiences, dining, shopping, and cultural encounters these beautiful islands have to offer. Have an amazing trip to the Maldives!