|
Currency Of Maldives
The Currency of Maldives is Rufiyaa, (introduced in 1947). The rufiyaa is divided into 100 laari. History Boli Cowry shells (''Cypraea moneta''), or ''boli'', were the first known medium of exchange used in the Maldives. Various writers and travellers have in the past recorded the country's trade in these money shells, which were used as a medium of exchange in parts of Asia and Africa. In the past, cowry were actually cultivated in the Maldives. When Moroccan traveler and historian Ibn Battuta visited this country, feojedfe Dutch in Ceylon, continued until the late 19th century, when it was used mostly as ballast for sailing vessels. Dhigu laari According to history, the first ''dhigu laari'' was struck in the Maldives, during the reign of Sultan Ibrahim III ibn Ghazi Muhammed (1585–1607), son of the hero Sultan Ghazi Muhammed Thakurufa'anu Akbar al-'Azam. Dhigu laari or larin, which owes its name to Lar, in the Persian Gulf, where it was originally struck, was one of the s ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Arabic Script
The Arabic script is the writing system used for Arabic and several other languages of Asia and Africa. It is the second-most widely used writing system in the world by number of countries using it or a script directly derived from it, and the third-most by number of users (after the Latin and Chinese scripts). The script was first used to write texts in Arabic, most notably the Quran, the holy book of Islam. With the religion's spread, it came to be used as the primary script for many language families, leading to the addition of new letters and other symbols. Such languages still using it are: Persian (Farsi/Dari), Malay ( Jawi), Uyghur, Kurdish, Punjabi (Shahmukhi), Sindhi, Balti, Balochi, Pashto, Lurish, Urdu, Kashmiri, Rohingya, Somali and Mandinka, Mooré among others. Until the 16th century, it was also used for some Spanish texts, and—prior to the language reform in 1928—it was the writing system of Turkish. The script is written from right to left in a cu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
US Dollar
The United States dollar (symbol: $; code: USD; also abbreviated US$ or U.S. Dollar, to distinguish it from other dollar-denominated currencies; referred to as the dollar, U.S. dollar, American dollar, or colloquially buck) is the official currency of the United States and several other countries. The Coinage Act of 1792 introduced the U.S. dollar at par with the Spanish silver dollar, divided it into 100 cents, and authorized the minting of coins denominated in dollars and cents. U.S. banknotes are issued in the form of Federal Reserve Notes, popularly called greenbacks due to their predominantly green color. The monetary policy of the United States is conducted by the Federal Reserve System, which acts as the nation's central bank. The U.S. dollar was originally defined under a bimetallic standard of (0.7735 troy ounces) fine silver or, from 1837, fine gold, or $20.67 per troy ounce. The Gold Standard Act of 1900 linked the dollar solely to gold. From 1934, its equi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Maldivian Laari
The laari ( dv, ލާރި) is a coin denomination issued by the Maldives as the subdenomination of the Maldivian rufiyaa since 1960. One rufiyaa is equal to 100 laari. It was issued in denominations of 1, 2, 5, 10, 25 and 50. The name of the currency is derived from lari. The earliest laari were bent silver wires reminiscent of the early coins from Lar. The Maldive Islands have been using laari for centuries but they were first described by François Pyrard de Laval, who lived on 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 The Maldives Monetary Authority (MMA) is the central bank of the republic of Maldives and was established on July 1, 1981, under the mandate provided by the "MMA Act" of 1981, located in the capital city of Malé. The current governor and chairp ... (MMA). References Currencies of the Maldives Economy of the Ma ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
ISO 4217
ISO 4217 is a standard published by the International Organization for Standardization (ISO) that defines alpha codes and numeric codes for the representation of currencies and provides information about the relationships between individual currencies and their minor units. This data is published in three tables: * Table A.1 – ''Current currency & funds code list'' * Table A.2 – ''Current funds codes'' * Table A.3 – ''List of codes for historic denominations of currencies & funds'' The first edition of ISO 4217 was published in 1978. The tables, history and ongoing discussion are maintained by SIX Group on behalf of ISO and the Swiss Association for Standardization. The ISO 4217 code list is used in banking and business globally. In many countries, the ISO 4217 alpha codes for the more common currencies are so well known publicly that exchange rates published in newspapers or posted in banks use only these to delineate the currencies, instead of translated c ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Rufiyaa
The Maldivian rufiyaa ( dv, ދިވެހި ރުފިޔާ; sign: Rf or ; code: MVR) is the currency of the Maldives. The issuance of the currency is controlled by the Maldives Monetary Authority (MMA). The most commonly used symbols for the rufiyaa are MVR and Rf. The ISO 4217 code for Maldivian rufiyaa is MVR. The rufiyaa is subdivided into 100 '' laari''. The name "rufiyaa" is derived from the Sanskrit रूप्य (''rūpya'', wrought silver). The midpoint of exchange rate is Rf. 12/85 per US dollar and the rate is permitted to fluctuate within a ±20% band, i.e. between Rf. 10/28 and Rf. 15/42 as of 10 April 2017. History The earliest form of currency used in the Maldives was cowry shells (''Cypraea moneta'') and historical accounts of travellers indicate that they were traded in this manner even during the 13th century. As late as 1344, Ibn Batuta observed that more than 40 ships loaded with cowry shells were exported each year. A single gold dinar was w ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gold
Gold is a chemical element with the symbol Au (from la, aurum) and atomic number 79. This makes it one of the higher atomic number elements that occur naturally. It is a bright, slightly orange-yellow, dense, soft, malleable, and ductile metal in a pure form. Chemically, gold is a transition metal and a group 11 element. It is one of the least reactive chemical elements and is solid under standard conditions. Gold often occurs in free elemental ( native state), as nuggets or grains, in rocks, veins, and alluvial deposits. It occurs in a solid solution series with the native element silver (as electrum), naturally alloyed with other metals like copper and palladium, and mineral inclusions such as within pyrite. Less commonly, it occurs in minerals as gold compounds, often with tellurium (gold tellurides). Gold is resistant to most acids, though it does dissolve in aqua regia (a mixture of nitric acid and hydrochloric acid), forming a soluble tetrachloroaurate anion. Gold is ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
