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25 Laari non-magnetic

Issuer Maldives Monetary Authority
Year 1984-1996
Type Standard circulation coin
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Reverse script Latin/Thaana
Reverse lettering MALDIVES ދިވެހި ރާއްޖޭ 25 ލާރި LAARI
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Additional information

The Maldives Monetary Authority was established in 1981, replacing the Maldivian Monetary Authority and marking the islands' first fully independent central banking structure. This nickel brass issue appeared in the early years of that institution, a period when the rufiyaa was being stabilized against persistent trade imbalances driven almost entirely by the fisheries and, increasingly, nascent tourism revenues. The twelve-year production window across 1984–1996 suggests steady demand without the interruptions that plagued some contemporaneous island-nation coinages.

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