The Bank of Maldives is the national bank and has several branches in Male'. The Bank also has branches in some of the other major population centers such as Seenu Atoll Hithadhoo, Haa Dhaalu Atoll Kulhudhufushi and Lhaviyani Atoll Naifaru. There is also a branch of the bank at Malé International Airport.


Most of the banks represented in Malé provide automatic teller machine (ATM) services. There are several Bank of Maldives ATMs and ATMs of other banks conveniently located at several key points in Malé, which offer regular ATM services as well as credit card services for some major credit cards.

Currency/Money Changers

The local currency is the Rufiyaa. A Rufiyaa is 100 Laari. The Rufiyaa is in denominations of 500, 100, 50, 20, 10 and 5 Rufiyaa notes, 1 and 2 Rufiya coins and 50, 25, 10, 5, 2 and 1 Laari coins. The exchange rate as of December 2004 is MRf. 12.75 against the United States Dollar. All resorts, hotels and most major shops and restaurants are authorized money changers and can accept payment in most major currencies and by credit card.

The Bank of Maldives Airport Branch located at the arrivals terminal also offers money changing services. If you are in need of Rufiyaa while in Malé, banks would be the most convenient

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