Maldives Currency Exchange: Travel Hassle-Free!

The most important part about travelling to another country is money. The Maldives is a gorgeous country to visit, but before packing your bags and booking your Maldives holiday package, its crucial you understand the Maldives currency. This will help ensure you have a relaxed and hassle-free trip. It also helps in understanding how much cash to carry in hand and how much to exchange beforehand. It can be confusing to understand how to get foreign currency, but you are at the right place! Put your worries away by reading this article and learning everything you need to know about Maldives currency exchange. All the solutions to your problems lie in this one-stop guide on currency exchange in the Maldives.

What is the local Maldives currency?

The local currency used widely in the Maldives is Maldivian Rufiyaa (MVR). The Maldives currency to INR conversion is 1 Maldivian Rufiyaa equals to 5.47 Indian Rupee as per the current exchange rate.

What is the currency to carry to the Maldives?

Since Maldives tourism is widely popular among travellers, most travel costs are billed in major currencies used worldwide. The most extensively used currencies are USD, GBP and EUR. However, out of these, USD continues to be the most generally accepted currency used in the resort islands. This is where most tourists travel to in the Maldives, where USD is accepted by restaurants, guesthouses and in some of the Public Islands. Hence, we advise you to carry cash in USD. This is the most important information you must know about currency exchange in the Maldives. If you can get a hold of the Maldives currency, then that is even better.

How much Maldives currency should you carry while travelling?

There are many factors that affect how much money you must carry during your trip to the Maldives. The duration of your stay, where you are staying, how much street shopping you intend to do, etc. all play a big factor in this decision. It is not impossible to do a trip without fretting out Maldives currency exchange. Let us find out the common price you should know of common goods so you can plan your finances.

• A 1.5-litre water bottle can be bought in the market for about MVR 8.

• A three-course meal in a mid-range establishment for a couple is priced at about MVR 400. However, a meal in a low-priced restaurant will cost about MVR 70.

• In terms of transportation in Maldives, a one-way pass in the public transport is about MVR 15, while taxis in Male charge MVR 20 for any amount of distance. Ferries cost around MVR 60 for a five-hour-long trip.

• A mid-range bottle of wine in the Maldives is charged at around MVR 1045, while a pack of Marlboro cigarettes in Male will cost you MVR 60. This might come in handy when you are planning a Maldives honeymoon holiday!

How and where to exchange money?

The Bank of Maldives Foreign Exchange counter, which is situated in the Arrival Hall is the easiest and committed foreign exchange counter. Only significant currencies are exchanged for the local currency here. It is best to know beforehand by consulting a travel agent if your money will be exchanged here.

There are some banks such as the State Bank of India, Bank of Ceylon, and HSBC established in Male and big populated islands where you can exchange currency. However, do not forget that bank queues can be long and you will have to wait a long time.

Do I need cash or cards?

A majority of your transactions, such as the stay bills, using your credit card itself, it is still a good idea to carry some Maldives currency with you. The food charges at your stay will be charged to the main bill, so you will not have to worry about it. However, while eating at local cafes or other eateries, it is always safe to have some cash in hand.

Now you know everything about Maldives currency exchange in the Maldives. Have a wonderful and hassle-free trip to Maldives!