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Maldives Money & Costs

Currency of Maldives
One Maldivian Rufiya (MVR; symbol MRF) = 100 Laari. Notes are in denominations of MRF 1000, MRF 500, 100, 50, 20, 10 and 5. Coins are in denominations of MRF 2, 1, 50, 25, 10, 5, 2 and 1 Laari.

Most resort and other travel expenses will be billed in US Dollars, Euro and other Major currencies also may be accepted from the Hotels. If you’re staying in a resort, all extras (including diving costs and other excursions/activities bills) will be billed to your room, and you will be required to pay the day before departure when your credit closes. All resorts accept cash, credit cards or traveller’s cheques in all major currencies.

Currency Exchange
Major currencies including the Dollar, Euro and others can be exchanged at the banks, resort islands, hotels and authorized Money Exchange shops or dealers. Payments in hotels can be made in most hard currencies (particularly US Dollars) in cash, traveller’s cheques or credit cards.

 

Daily Costs

Budget (up to)
US$300
Budget resorts cost US$150–400 per night.
Guesthouses are cheaper at around US$100 per night.
Reach guesthouses cheaply by taking public ferries for US$5-10.

Midrange
US$400-850
Midrange resorts start from US$300 per night.
Full board or all-inclusive options can save money.
Speedboats to resorts cost around US$200.

Top end (more than)
US$850
Top-end rooms start at US$750.
Sea planes transfers generally cost around US$400 return.

Dine at the best restaurants in Male for around US$20.

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