Maldives — Shopping
Shopping
Lacquered wooden boxes are the most distinctive Maldivian handicrafts, and are most famously produced in Thulhaadhoo in Baa Atoll. The craft involves the process of shaping and hollowing out pieces of wood from endemic trees to form intricately crafted boxes, containers and ornamental objects. Beautiful reed mats are woven throughout the country, the most famous of which are those that are woven by the women of Gadhdhoo in Gaafu Dhaalu Atoll. Ranging from placemats to full-size single mattress mats, they are hand-decorated with intricate abstract designs.
In Malé, most souvenir shops line the northern end of Chaandanee Magu, earlier known as the Singapore Bazaar for its many imports from Singapore. The local market offers stalls with a variety of local produce, mainly from the atolls, such as different kinds of local vegetables, fruits and yams, packets of sweetmeat, nuts and breadfruit chips, bottles of homemade sweets and pickles, and bunches of bananas hanging on coir ropes from ceiling beams.
Note: There are strict prohibitions against the export of coral and turtle- or tortoiseshell.
Shopping hours: Sat-Thurs 0830-2300, Fri 1330-2300. Shops officially shut for 15 minutes five times a day in deference to Muslim prayer times; however, this rule is not always strictly adhered to in the tourist areas away from the capital.
Currency
Maldivian Rufiya (MVR; symbol MRf) = 100 laari. Notes are in denominations of MRf500, 100, 50, 20, 10 and 5. Coins are in denominations of MRf2 and 1, and 50, 25, 10, 5, 2 and 1 laari.
Currency Exchange
Major currencies can be exchanged at banks, tourist resort islands, hotels and leading shops. Payments in hotels can be made in most hard currencies (particularly US Dollars) in cash, traveler's checks or credit cards.
Credit Cards, Debit Cards, and ATMs
Most major island resorts, local and souvenir shops will accept American Express, Diners Club, MasterCard and Visa. Arrangements vary from island to island. There are ATMs widely available in Malé.
Travelers Checks
These are generally accepted. To avoid additional exchange rate charges, travelers are advised to take traveler's checks in US Dollars.
Currency Restrictions
There are no restrictions on the import or export of local or foreign currency.
Banking Hours
Sun-Thurs 0730-1430.
Exchange Rate
| 1.00 GBP = 24.7 MVR |
| 1.00 USD = 15.38 MVR |
| 1.00 EUR = 21.71 MVR |
| Currency conversion rates as of 19 July 2011 |




