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Indian rupee

Exchange Rates (MVR per Foreign Currency)MonthlyRufiyaa (MVR)

Latest
MVR 0.17
Sep 2026
On a year earlier
−9.8%
same period last year
Trend growth, 10 years
-3.3% a year
least-squares fit, R² 0.93

The whole record

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Source: Bank of Maldives Plc, via the Maldives Monetary Authority statistics database.

What the numbers say

Short term

The latest readings
  • The latest figure is MVR 0.17 for Sep 2026, down 0.6% from Aug 2026 and down 9.8% on the same month a year earlier.
  • The change on a year earlier averaged −9.3% over the last three months, against −3.8% in the three months before: the year-on-year decline has deepened.

Long term

The record as a whole
  • Trend growth over the past 10 years is -3.3% a year (least-squares fit on the logarithm; R² 0.93, a close fit, so the series has followed a steady path).
  • Measured end to end, compound growth is -4.2% a year over five years and -3.2% a year over ten.
  • The record high was MVR 0.77 in Sep 1987; the latest is 78.4% below it.
  • Year-on-year growth has typically varied by about 3.3 percentage points (one standard deviation) over the past five years.

How to read this series

Exchange rates. Rufiyaa per unit of each foreign currency. The US dollar rate is held almost fixed, so movements against other currencies mostly reflect how those currencies move against the dollar.

  • Recent periods are often revised as fuller data arrive. The version comparison below shows what MMA has changed since this site began keeping copies.

Terms such as percentage points, flows and stocks, and trend growth are explained in How to read the tracker.

Revisions

Every copy of this series held by this site, overlaid, with the size of the latest revision for each period.

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Lines: each version of the series held by this site, newest solid. Bars: the newest version minus the one before it, for periods present in both.
Stored versions of Indian rupee
2 (current)14 Oct 20268 Oct 2026Jan 1986 – Sep 2026120
16 Oct 20263 Sep 2026Jan 1986 – 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.

Every observation of Indian rupee
Sep 2026MVR 0.17−9.8%
Aug 2026MVR 0.17−9.7%
Jul 2026MVR 0.17−8.4%
Jun 2026MVR 0.17−3.4%
May 2026MVR 0.17−3.8%
Apr 2026MVR 0.17−4.0%
Mar 2026MVR 0.17−3.1%
Feb 2026MVR 0.18+2.6%
Jan 2026MVR 0.18+0.5%
Dec 2025MVR 0.18+1.7%
Nov 2025MVR 0.18+0.9%
Oct 2025MVR 0.19+1.6%
Sep 2025MVR 0.18+0.8%
Aug 2025MVR 0.19+1.6%
Jul 2025MVR 0.19+2.0%
Jun 2025MVR 0.18−2.5%
May 2025MVR 0.18−2.5%
Apr 2025MVR 0.18−2.1%
Mar 2025MVR 0.18−2.5%
Feb 2025MVR 0.18−5.0%
Jan 2025MVR 0.18−4.0%
Dec 2024MVR 0.18−2.7%
Nov 2024MVR 0.18−1.3%
Oct 2024MVR 0.18−1.0%
Sep 2024MVR 0.18−0.6%
Aug 2024MVR 0.18−1.5%
Jul 2024MVR 0.18−1.8%
Jun 2024MVR 0.18−1.6%
May 2024MVR 0.18−0.8%
Apr 2024MVR 0.18−2.0%

Sorted by Period, descending.

About this series

Source
Bank of Maldives Plc
Published by
MMA Statistics Database, series 4047
MMA table
External Sector › Exchange Rates (MVR per Foreign Currency)
Coverage
Jan 1986 to Sep 2026 · 489 observations
MMA updated
8 Oct 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.