Currency of Uruguay fine gold), and equal to 10 silver pesos, each of 25·48 g, 0·917 fine (23·365 g fine silver), giving a silver:gold ratio of 15:1. The peso was revalued to 100 centésimos, with 1 new centésimo equal to 10 old centésimos de real, the new currency being known as "Sistema centesimal" (as opposed to the old "Sistema real"). The National Currency Decree declared that until a national coinage could be minted, foreign silver and gold coins should continue to circulate at their then current values (adjusted to conform to this decree), A number of foreign coins (and their multiples and fractions)
Currency of Maldives first coins were of silver and fairly coarse. Later, coins of copper and lead were put into circulation. Gold coins were also struck by Sultan Hassan Nooraddin (1779-1799). Said to be the finest struck at the Maldive mint, the two denominations of gold coins issued by Sultan Hassan Nooraddin, known as the "mohori" and "bai mohori", were never put into circulation. The Maldivian unit of currency is the rufiyaa (ISO 4217 code MVR, symbol "Rf."), introduced in 1947. The rufiyaa is divided into 100 laari. On 1 February 2009, the exchange rate with the US dollar was USD1.00 = MVR12.80.