Catalog
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| Issuer | Maldives Monetary Authority |
|---|---|
| Year | 2012 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Log in to see details |
| Weight | Log in to see details |
| Diameter | Log in to see details |
| Thickness | Log in to see details |
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| In circulation to | Log in to see details |
| Reference(s) | KM#114, Schön#A30 |
| Obverse description | Log in to see details |
|---|---|
| Obverse script | Log in to see details |
| Obverse lettering | 2012 ١٤٣٣ MMA |
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| Edge | Reeded |
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| Additional information |
The Maldives Monetary Authority was established in 1981, replacing the Maldives Monetary Board and centralizing the island nation's currency management for the first time under a formal central banking framework. The 5 laari aluminum piece has remained a practical necessity in a country where small-denomination transactions — particularly in local fish markets and ferry services — still demand low-value coinage despite the tourism sector's heavy reliance on US dollars alongside the rufiyaa.