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10 Laari

Issuer Maldives Monetary Authority
Year 2012
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Value 10 Laari
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Obverse lettering 2012 ١٤٣٣ MMA
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Reverse lettering MALDIVES ދިވެހި ރާއްޖޭ 10 ލާރި LAARI
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Additional information

The Maldivian laari has existed in fractional form since the archipelago's sultanate era, but the Maldives Monetary Authority — established in 1981 to replace the Maldives Monetary Board — standardized the modern aluminium series to keep low-denomination coins economically viable to produce. At 0.85 g, the aluminium composition is a practical necessity; a comparable cupro-nickel piece would cost more to strike than its face value.

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