Laari definitions
| Word backwards | iraal |
|---|---|
| Part of speech | Noun |
| Syllabic division | la-a-ri |
| Plural | The plural of the word laari is laaris. |
| Total letters | 5 |
| Vogais (2) | a,i |
| Consonants (2) | l,r |
Introduction to Laari
Laari, a term used primarily in the financial world, refers to the smallest denomination of currency in the Maldives. The Laari is equivalent to 1/100th of a Rufiyaa, the official currency of the Maldives. While the Rufiyaa is the main currency used for larger transactions, the Laari is commonly used for smaller purchases, similar to how cents are used in the United States.
History and Usage
The Laari has been in circulation in the Maldives for many years, with its usage dating back to the early days of the country's currency system. It is typically used for transactions involving small amounts of money, such as buying snacks, paying for transportation, or tipping service workers. The Laari plays a crucial role in everyday life in the Maldives, making it easier for people to make small purchases without having to exchange larger denominations.
Exchange Rate and Value
The exchange rate of the Laari to other currencies fluctuates depending on the economic conditions of the Maldives. While the value of the Laari may be low compared to other currencies, it is still an essential part of the country's financial system. The Maldives government regulates the exchange rate to ensure stability in the economy and to prevent inflation from affecting the value of the currency.
Conclusion
In conclusion, the Laari is a significant component of the Maldives' financial system, serving as the smallest unit of the Rufiyaa currency. Its longstanding history and continued usage in everyday transactions highlight its importance in the country's economy. Understanding the value and usage of the Laari is essential for anyone looking to visit or do business in the Maldives.
Laari Examples
- I saw a beautiful laari of flowers at the market.
- She placed the laari of groceries on the kitchen counter.
- The street vendor parked his laari of snacks by the park.
- We bought a laari of books at the bookstore sale.
- The children gathered around the laari of colorful balloons.
- The artist displayed a laari of paintings at the gallery.
- He loaded the laari of furniture onto the moving truck.
- The farmer delivered a laari of fresh produce to the market.
- She chose a laari of fabrics for her new sewing project.
- The musician carried a laari of instruments to the concert.