Capital and Currency of Maldives

LAST READ: APR 20 2024 | Author: ADOM

Capital and Currency of Maldives


Capital and Currency of Maldives


The Maldives is a country in South Asia. In this article, we will know about the capital and currency of Maldives, Geographical location, Population, GDP, Languages, Religions, the Maldives government, and political parties in the Maldives.



Maldives


The official name of Maldives is the Republic of Maldives is a small country in South Asia. The Maldives is a group of 1192 coral islands, situated in the Arabian Sea of the Indian Ocean. The Maldives is the smallest country in the region of Asia.



Capital of Maldives


Malé is the capital of the Republic of Maldives. Male is the most populous city of Maldives. The area of Malé is 8.30 square kilometers. The population of Malé is 215,879 as of 2020 and it is the world's most densely populated city. The city Malé is located at the southern edge of North Malé Atoll.


  • Maldives Capital: Malé



Currency of Maldives


The Currency of Maldives is Maldivian Rufiyaa, currency code is MVR. The most common symbols used for Maldivian Rufiyaa are MRF and Rf. Maldives Monetary Authority (MMA) governs the issuance of the currency.


Maldives Currency Value ( As of 13th June 2020)


  • 1 USD = 15.40 Maldivian Rufiyaa
  • 1 Euro = 17.44 Maldivian Rufiyaa
  • 1 Indian Rupee = 0.20 Maldivian Rufiyaa


Maldives Currency: Maldivian Rufiyaa



Maldives Geographical Location


The Maldives is the smallest country in Asia by population and area. It is a South Asian country situated 1000 km away from India in the South direction of the Arabian Sea of the Indian Ocean. The Maldives was formed by a group of 1192 islands. The Maldives has a huge sea area but it has only 298 square kilometers of dry land area.



Maldives Population


As earlier I said that the Maldives is the smallest country in Asia, it has a total population of 379270 according to the census of 2020, it has 178th rank in the terms of population. According to the census of 2014, the population of Maldives was 339761. According to the census of 2020, the population growth rate of Maldives is around 3.8%. The average population density of the Maldives is 1102.5/km sq. Malé is the most populated city of the Maldives which is 215879 and the city is also the capital of the country.



Maldives GDP


The Maldives got its independence on 26 July 1965 from the United Kingdom. In the 1970s the economic condition of the nation was very poor and most of the population was suffering from hunger. In the 1980s government of Maldives started to take initiative for economical reforms. The tourism and fishing industry contributes a major role to the GDP of the Maldives.


  • Maldives Total GDP: $5.749 billion (as of 2019)
  • Maldives Per Capita GDP: $15,463 (as of 2019)


This was a small detail about the Maldives. I hope you will found the relevant and useful information from my answer. There may be a mistake in the data given by me, I have tried my best to prepare this report but ever I suggest that must check the data while it is in any report.

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