Maldivian laari

Maldivian laari
5, 10, 25 and 50 laari coins.

The laari is a coin denomination issued by the Maldives as the subdenomiation of the Maldivian rufiyaa since 1960. One rufiyaa is equal to 100 laari. The name is derived from lari.

The Maldive Islands have been using laari for centuries but they were first described by François Pyrard de Laval, who lived in the islands (1602-1607)

The current coins are made out of a range of metals including nickel, brass, cupronickel and aluminium. The coins are issued by the Maldives Monetary Authority (MMA).

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