๐Ÿ‡ฒ๐Ÿ‡ป Maldives

Silver Price in Maldives Today (MVR)

Live silver rates in MVR, converted from the spot price in real time.

Silver per gram

Rf32.99

MVR ยท spot ยท updates every minute

Silver / Gram

Rf32.99

Silver / Tola

Rf384.85

Silver / Troy Ounce

Rf1,026.25

Silver / Kilogram

Rf32,994.84

Other countries

Popular silver weights in Maldives

Silver coin melt values in Maldives

About silver in Maldives

Silver market in Maldives

The silver market in Maldives tracks the London Bullion Market Association (LBMA) spot benchmark. Retail rates are converted from USD into MVR using the daily interbank exchange rate, then adjusted for local premiums, dealer margins and demand.

Taxes and import duties

Import duty and value-added tax in Maldives vary by silver form. Investment-grade bullion (silver of 99.9% purity or higher) is often exempt from VAT in many jurisdictions, while jewellery attracts standard VAT plus a making charge.

Popular purities

The two dominant purities are .999 (fine silver) for bars and coins, and .925 (sterling) for jewellery and cutlery. Both should carry a stamp visible with a loupe.

Where to buy silver in Maldives

Licensed bullion dealers, national mints, major bank branches and government-authorised jewellery associations are the safest routes in Maldives. Online marketplaces and unlisted shops carry higher counterfeit risk and wider spreads.

Buying tip

Compare the shop's quoted per-gram rate against the live LBMA spot converted at the day's MVR rate. A premium over spot of 3โ€“7% for coins and 1โ€“4% for bars is normal โ€” anything higher is usually the making charge.