The currency of the Maldives is the ru-fiya, which is divided into 100 larees. Notes come in denominations of 500, 100, 50, 20, 10, five and two rufiya, but the last two are uncommon. Coins are in denominations of two and one rufiya, and 50, 25 and 10 larees. The value of the rufiya is pegged to that of the US dollar, so the exchange rate between the two currencies never changes. Most hotel and travel expenses will be billed in dollars. If you're staying in a resort, all extras (including diving costs) will be billed to your room, and you pay the day before departure. Resorts accept cash, credit cards or travellers cheques in all major currencies, although US dollars are preferred.
See the Quick Reference inside the front cover for other exchange rates. See also p 13 for information on costs.
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