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1 Laari

Issuer Government of Maldives
Year 1970-1979
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Reference(s) KM#49
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Reverse lettering ملك محلديب 1 ލާރި
(Translation: King of the Maldives 1 Laari)
Edge Plain
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Additional information

The Maldives decimalised its currency in 1947, replacing the old kasi system, but low-denomination coins like this laari saw little practical demand in an archipelago economy where the smallest everyday transactions often bypassed coinage entirely. Aluminium was the logical choice for a coin of negligible face value — cheap to strike, light enough to ship economically across the atolls.

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