Dollarization ratio
- Latest
- 41.29%
- Aug 2026
- On a year earlier
- −1.36 pp
- same period last year
- Five-year average
- 45.6%
- On five years ago
- −3.23 pp
The whole record
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What the numbers say
Short term
The latest readings- The latest figure is 41.29% for Aug 2026, up 0.19 percentage points from Jul 2026 and down 1.36 percentage points on the same month a year earlier.
- The change on a year earlier averaged −1.01 pp over the last three months, against −1.86 pp in the three months before: the year-on-year decline has narrowed.
Long term
The record as a whole- It has averaged 45.6% over the past five years and 47.37% over ten; the latest figure is 4.30 pp below the five-year average.
How to read this series
Money supply. Narrow money is currency in circulation plus deposits that can be spent on demand; adding savings, time and foreign-currency deposits gives broad money. The dollarization ratio is the share held in foreign currency. The monetary base is the central bank’s own money: currency plus the reserves banks hold with it.
- Changes in a rate or ratio are given in percentage points, the plain difference between two readings.
- Recent periods are often revised as fuller data arrive. The version comparison below shows what MMA has changed since this site began keeping copies.
MMA’s note: Extensive use of foreign currency in Maldives
Terms such as percentage points, flows and stocks, and trend growth are explained in How to read the tracker.
Revisions
This site holds one version of this series so far, first stored on 6 Oct 2026. Each time MMA adds a period or revises a past figure, a new version is kept alongside the old one and the two are charted against each other here.
| Version | Stored | MMA updated | Covers | Added | Revised | Removed |
|---|---|---|---|---|---|---|
| 1 (current) | 6 Oct 2026 | 23 Sep 2026 | Dec 2001 – Aug 2026 | — | — | — |
Sorted by Version, descending.
All figures
Every period on record, newest first. Sort by any column, filter, copy the table or download it as CSV.
| Aug 2026 | 41.29% | −1.36 pp |
|---|---|---|
| Jul 2026 | 41.11% | −0.70 pp |
| Jun 2026 | 41.19% | −0.96 pp |
| May 2026 | 41.71% | −0.04 pp |
| Apr 2026 | 42.41% | −2.93 pp |
| Mar 2026 | 43.34% | −2.61 pp |
| Feb 2026 | 43.6% | −2.02 pp |
| Jan 2026 | 43.5% | −2.01 pp |
| Dec 2025 | 42.18% | −2.51 pp |
| Nov 2025 | 41.98% | −2.31 pp |
| Oct 2025 | 41.52% | −1.34 pp |
| Sep 2025 | 42.34% | −0.74 pp |
| Aug 2025 | 42.65% | −1.73 pp |
| Jul 2025 | 41.8% | −3.06 pp |
| Jun 2025 | 42.15% | −3.08 pp |
| May 2025 | 41.75% | −4.62 pp |
| Apr 2025 | 45.34% | −3.11 pp |
| Mar 2025 | 45.95% | −2.96 pp |
| Feb 2025 | 45.61% | −3.61 pp |
| Jan 2025 | 45.51% | −3.11 pp |
| Dec 2024 | 44.69% | −2.11 pp |
| Nov 2024 | 44.28% | −2.32 pp |
| Oct 2024 | 42.86% | −3.09 pp |
| Sep 2024 | 43.08% | −1.78 pp |
| Aug 2024 | 44.39% | −1.11 pp |
| Jul 2024 | 44.87% | −1.09 pp |
| Jun 2024 | 45.23% | −0.64 pp |
| May 2024 | 46.37% | −1.59 pp |
| Apr 2024 | 48.45% | −1.12 pp |
| Mar 2024 | 48.91% | −0.77 pp |
Sorted by Period, descending.
About this series
- Source
- Maldives Monetary Authority
- Published by
- MMA Statistics Database, series 2307
- MMA table
- Financial Sector › Depository Corporations Survey
- Coverage
- Dec 2001 to Aug 2026 · 297 observations
- MMA updated
- 23 Sep 2026
- Last checked
- 22 Oct 2026
The analysis is calculated by Good Morning Maldives from the published figures; it describes the data and is not a forecast.