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5 Laari
| Issuer | Maldives |
|---|---|
| Year | 1970-1979 |
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| Shape | Scalloped (with 8 notches) |
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| Obverse description | The national emblem of the Maldives occupies the central field, depicting a crescent and star flanked by two national flags on staffs, with a coconut palm above and a traditional dhow (vessel) below on a scroll. The Gregorian year appears to the left and the AH (Hijri) year in Eastern Arabic numerals to the right of the emblem. The coin is struck in scalloped aluminium with the design elements in moderate relief. |
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| Edge | Plain |
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| Additional information |
The Maldives converted to a decimal currency system in 1947, replacing the old larin-based coinage, though the name "laari" itself survived as a direct linguistic descendant of the larin — a fishhook-shaped silver coin once used across the Indian Ocean trade network. By the 1970s, aluminium had become the practical choice for low-denomination island coinage, where heat, humidity, and salt air accelerate corrosion in most other metals. KM#45b is the aluminium iteration of a type that had previously circulated in bronze.