New MVR 100 notes to enter circulation
The new MVR 100 notes will be available alongside the current notes, and both versions will be valid for use throughout the country.
The Central Bank of Maldives (MMA) has announced that a new edition of the MVR 100 note will be introduced into circulation on January 19th, 2025. The new notes come with several updates and design changes, marking a significant step in the country's currency evolution.
The newly released MVR 100 note will feature several noteworthy changes, including:
-
1-
Maldivian Rufiyaa Symbol: The iconic Maldivian Rufiyaa symbol will be prominently displayed on both sides of the note, a move that strengthens the national identity represented in the currency.
-
2-
Signature of Former Governor: The new notes will be signed by Ali Hashim, the former Governor of the MMA, marking a distinct signature for this edition.
-
3-
Updated Date: The new MVR 100 note will be dated 7th July 2024 (1 Muharram 1446), reflecting the current year in both the Gregorian and Islamic calendars.
Alongside the introduction of the new notes, the current MVR 100 notes, which are part of the 'Ran Dhiha Faheh' series introduced in 2016-2017, will continue to circulate. This series, introduced to commemorate the 50th anniversary of Maldivian independence, includes notes in denominations of MVR 5, 10, 20, 50, 100, 500, and 1,000. The designs on these notes beautifully reflect the country's rich cultural heritage, its natural beauty, and coastal treasures.
The 'Ran Dhiha Faheh' series holds significant national value, featuring images that represent key aspects of Maldives’ history and natural environment. These include depictions of iconic landmarks, marine life, and important cultural symbols that resonate with Maldivians.
The release of the new MVR 100 notes marks an important milestone in the Maldives’ currency history, with changes that aim to enhance the visual and cultural significance of the notes while maintaining the continuity of the 'Ran Dhiha Faheh' series. With the updated designs, the Central Bank of Maldives is ensuring that the nation’s currency remains both functional and reflective of its heritage.
