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