Fuel Prices Maldives
Part of: GIZ International Fuel Price database
Also see: Maldives Energy Situation
Fuel Pricing Policies
| Local Currency: | MVR |
| Exchange Rate: | 12.62
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| Last Update: | 2011/05/01 |
The State Trading Organization (STO, http://www.stomaldives.com/) calculates and sets fuel prices for the Maldives. Prices are homogenous across the country. Prices are changed approximately once a month or more often in times of volatile import prices.
STO publishes any price change through press statements, that are downloadable on their website. Information on the fuel price calculation formula and on taxation/subsidies are missing.
The prices hikes in early 2011 (among other factors?) are linked to the exchange rate to the US$. The value of the Rufiyaa fell ~20% in 5 months.
Fuel Prices and Trends
| Gasoline 95 Octane | Diesel | |
|---|---|---|
| in USD* |
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| in Local Currency |
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* benchmark lines: green=US price; grey=price in Spain; red=price of Crude Oil
Fuel Price Composition
Price composition.
No information found. Hints welcome!
At a Glance
| Regulation-Price-Matrix |
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Sources to the Public
| Type of Information | Web-Link / Source |
|---|---|
| Other Information | http://www.stomaldives.com/ |
| Pump prices and margins | http://www.stomaldives.com/media_centre/news/ |
Contact
Please find more information on GIZ International Fuel Price Database and http://www.giz.de/fuelprices
