Type of Currency

2008

2009

2010

2011

Mar

Jun

Sep

Dec

Mar

Jun

Sep

Dec

Mar

Jun

Sep

Dec

Mar

Jun

Sep

Dec

Mar

Jun

Sep

Dec

Mar

Jun

Sep

Dec

Mar

Jun

Sep

Dec

U.S dollar

12.80

15.21

Japanese yen

0.12

0.11

0.12

0.11

0.13

0.12

0.15

0.14

0.17

0.14

0.15

0.16

0.19

0.20

Singapore dollar

7.43

7.34

7.41

7.64

7.61

7.47

7.66

7.89

8.04

8.07

8.30

9.24

9.36

8.98

8.78

8.32

8.84

9.03

9.18

9.10

9.11

9.70

9.81

10.08

12.31

12.08

11.80

Indian rupee

0.28

0.27

0.29

0.28

0.29

0.33

0.31

0.29

0.28

0.26

0.29

0.30

0.29

0.34

0.32

0.29

Sri Lankan rupee

0.13

0.12

0.13

0.12

0.13

0.12

0.11

0.12

0.14

Great Britain Pound

23.12

23.05

22.60

24.26

23.51

22.85

22.64

22.40

22.03

23.47

23.86

25.07

25.14

24.83

23.24

18.94

18.52

20.50

20.67

20.85

18.75

18.18

20.00

19.43

20.23

24.20

23.72

23.79

Euro

15.40

15.31

15.44

16.97

16.21

15.17

15.25

15.17

15.19

16.07

16.08

16.75

19.42

19.43

18.39

17.68

17.00

17.27

18.70

18.95

16.74

14.95

17.12

16.48

17.65

21.61

20.52

19.73

Annual percentage change

U.S dollar

0.0

18.8

Japanese yen

13.2

6.3

8.0

3.7

-0.4

1.2

-0.7

-6.0

-4.1

-1.0

-0.7

-1.6

18.4

14.2

7.4

26.8

2.7

10.9

41.1

16.1

3.4

4.1

-13.1

-8.5

13.3

34.4

32.8

26.6

Singapore dollar

4.7

1.1

3.5

4.0

2.4

1.9

0.8

0.4

3.7

7.5

8.0

8.3

9.4

12.8

5.1

-0.6

-10.0

-5.6

0.5

4.6

9.4

3.1

7.4

6.8

10.8

35.1

24.6

20.4

Indian rupee

6.1

3.6

-0.2

3.9

2.6

3.7

4.6

0.7

2.7

-2.0

-0.6

2.1

7.9

-5.9

-12.8

-16.5

-21.2

-15.4

1.7

8.0

17.7

14.7

3.8

-4.8

-5.9

15.7

6.2

1.7

Sri Lankan rupee

-0.7

-2.2

-6.3

-7.5

-1.8

-0.3

2.1

7.8

2.0

1.3

4.3

-5.3

1.2

3.0

5.2

-2.6

-5.7

-7.1

-1.8

2.7

5.4

7.0

3.0

2.1

1.4

14.8

12.4

9.2

Great Britain Pound

17.2

11.3

13.6

10.8

1.7

-0.8

0.2

-7.6

-6.3

2.7

5.4

11.9

0.3

-1.4

-8.3

-26.6

-26.3

-17.5

-11.1

10.1

1.2

-11.3

-3.2

-6.8

7.9

33.1

18.6

22.4

Euro

15.4

4.3

11.2

9.6

5.3

-0.9

-1.3

-10.6

-6.3

5.9

5.4

10.4

14.9

3.9

-4.2

-12.4

-11.1

1.7

7.2

-1.5

-13.4

-8.5

-13.0

5.4

44.5

19.9

19.8

Rf / SDR (end of period; mid rate)

18.95

18.77

18.80

19.88

19.34

18.64

18.57

18.29

18.40

18.78

18.94

19.26

21.05

20.91

19.93

19.72

19.14

19.87

20.28

20.07

19.43

18.93

19.92

19.71

20.29

24.34

23.75

23.35

USD / SDR (end of period; mid rate)

1.48

1.47

1.55

1.51

1.46

1.45

1.43

1.44

1.47

1.48

1.50

1.64

1.63

1.56

1.54

1.50

1.55

1.58

1.57

1.52

1.48

1.56

1.54

1.59

1.60

1.56

1.54

Source: Maldives Monetary Authority.

1/ In April 2011, the exchange rate regime was changed from a fixed rate regime to a band of 20 percent around a central parity of Rf12.8 per US dollar

Table 17.8 : EXCHANGE RATES, 2008 - 2011
(In Rufiyaa per foreign currency unit; end of period mid)
Type of Currency													2008				2009				2010				2011
	Mar	Jun	Sep	Dec	Mar	Jun	Sep	Dec	Mar	Jun	Sep	Dec	Mar	Jun	Sep	Dec	Mar	Jun	Sep	Dec	Mar	Jun	Sep	Dec	Mar	Jun	Sep	Dec
U.S dollar	12.80	12.80	12.80	12.80	12.80	12.80	12.80	12.80	12.80	12.80	12.80	12.80	12.80	12.80	12.80	12.80	12.80	12.80	12.80	12.80	12.80	12.80	12.80	12.80	12.80	15.21	15.21	15.21
Japanese yen	0.12	0.11	0.11	0.12	0.12	0.11	0.11	0.11	0.11	0.11	0.11	0.11	0.13	0.12	0.12	0.15	0.14	0.14	0.17	0.17	0.14	0.14	0.15	0.16	0.16	0.19	0.20	0.20
Singapore dollar	7.43	7.34	7.41	7.64	7.61	7.47	7.47	7.66	7.89	8.04	8.07	8.30	9.24	9.36	8.98	8.78	8.32	8.84	9.03	9.18	9.10	9.11	9.70	9.81	10.08	12.31	12.08	11.80
Indian rupee	0.28	0.28	0.27	0.29	0.29	0.29	0.29	0.29	0.29	0.28	0.28	0.29	0.33	0.31	0.29	0.28	0.26	0.26	0.29	0.30	0.30	0.30	0.30	0.29	0.29	0.34	0.32	0.29
Sri Lankan rupee	0.13	0.13	0.12	0.12	0.13	0.13	0.12	0.13	0.13	0.13	0.13	0.12	0.12	0.12	0.12	0.12	0.12	0.11	0.12	0.12	0.12	0.12	0.12	0.12	0.12	0.14	0.14	0.14
Great Britain Pound	23.12	23.05	22.60	24.26	23.51	22.85	22.64	22.40	22.03	23.47	23.86	25.07	25.14	24.83	23.24	18.94	18.52	20.50	20.67	20.85	18.75	18.18	20.00	19.43	20.23	24.20	23.72	23.79
Euro	15.40	15.31	15.44	16.97	16.21	15.17	15.25	15.17	15.19	16.07	16.08	16.75	19.42	19.43	18.39	17.68	17.00	17.27	18.70	18.95	16.74	14.95	17.12	16.48	17.65	21.61	20.52	19.73
Annual percentage change
U.S dollar	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	18.8	18.8	18.8
Japanese yen	13.2	6.3	8.0	3.7	-0.4	1.2	-0.7	-6.0	-4.1	-1.0	-0.7	-1.6	18.4	14.2	7.4	26.8	2.7	10.9	41.1	16.1	3.4	4.1	-13.1	-8.5	13.3	34.4	32.8	26.6
Singapore dollar	4.7	1.1	3.5	4.0	2.4	1.9	0.8	0.4	3.7	7.5	8.0	8.3	9.4	12.8	5.1	-0.6	-10.0	-5.6	0.5	4.6	9.4	3.1	7.4	6.8	10.8	35.1	24.6	20.4
Indian rupee	6.1	3.6	-0.2	3.9	2.6	3.7	4.6	0.7	2.7	-2.0	-0.6	2.1	7.9	-5.9	-12.8	-16.5	-21.2	-15.4	1.7	8.0	17.7	14.7	3.8	-4.8	-5.9	15.7	6.2	1.7
Sri Lankan rupee	-0.7	-2.2	-6.3	-7.5	-1.8	-0.3	2.1	7.8	2.0	1.3	4.3	-5.3	1.2	3.0	5.2	-2.6	-5.7	-7.1	-1.8	2.7	5.4	7.0	3.0	2.1	1.4	14.8	12.4	9.2
Great Britain Pound	17.2	11.3	13.6	10.8	1.7	-0.8	0.2	-7.6	-6.3	2.7	5.4	11.9	0.3	-1.4	-8.3	-26.6	-26.3	-17.5	-11.1	10.1	1.2	-11.3	-3.2	-6.8	7.9	33.1	18.6	22.4
Euro	15.4	4.3	11.2	9.6	5.3	-0.9	-1.3	-10.6	-6.3	5.9	5.4	10.4	14.9	14.9	3.9	-4.2	-12.4	-11.1	1.7	7.2	-1.5	-13.4	-8.5	-13.0	5.4	44.5	19.9	19.8

Rf / SDR (end of period; mid rate)	18.95	18.77	18.80	19.88	19.34	18.64	18.57	18.29	18.40	18.78	18.94	19.26	21.05	20.91	19.93	19.72	19.14	19.87	20.28	20.07	19.43	18.93	19.92	19.71	20.29	24.34	23.75	23.35
USD / SDR (end of period; mid rate)	1.48	1.47	1.47	1.55	1.51	1.46	1.45	1.43	1.44	1.47	1.48	1.50	1.64	1.63	1.56	1.54	1.50	1.55	1.58	1.57	1.52	1.48	1.56	1.54	1.59	1.60	1.56	1.54
Source: Maldives Monetary Authority.
1/ In April 2011, the exchange rate regime was changed from a fixed rate regime to a band of 20 percent around a central parity of Rf12.8 per US dollar