Maldives

Maldives new sig/date (10.03.2018) 10-rufiyaa note (B216b) confirmed introduced 03.09.2018

According to a press release, on 3 September 2018 the Maldives Monetary Authority introduced new 10-rufiyaa notes like the preceding issues, but with new signature (Ahmed Naseer) and new date (10 MARCH 2018).




Courtesy of Claudio Marana and Thomas Augustsson.

Maldives new 5-rufiyaa note (B223) confirmed

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According to a press release, the Maldives Monetary Authority introduced a new 5-rufiyaa polymer banknote in July 2017. This denomination was supposed to be replaced by a coin after the bank introduced its new note family on 26 January 2016, but the bank has reversed its decision and issued a new note instead.

Courtesy of Claudio Marana, Igor Nosenko, and Hermann Huber.

Maldives new banknote family confirmed introduced 26.01.2016

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According to a press release dated 26 January 2016, the Maldives Monetary Authority has introduced its new family of polymer banknotes. Existing notes will circulate in parallel until 1 June 2016, and can be exchanged for new notes for a period of five years.

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Courtesy of Paresh Bhandari, Hartmut Fraunhoffer (Banknote-Online), and Rafal Nogowczyk (Nogowczyk).



Maldives new note family unveiled

This new family of banknotes is printed on DLR’s Safeguard polymer substrate. The first denomination—a commemorative 5,000-rufiyaa note (BNP201)—was introduced on 26 July 2015. The other circulating denominations—10, 20, 50, 100, 500, and 1,000 rufiyaa—were unveiled 1 November 2015 and are expected to be introduced into circulation from December 2015 onwards (the existing 5-rufiyaa note will be replaced by a coin). The Maldives Monetary Authority held a design competition and selected local artist Abdullah Nashaath to ensure that the new family, called Randhihafaheh, has an authentically Maldivian look.

Maldives_MMA_10_rufiyaa_2015.10.05_B216as_PNLs_A_000000_fMaldives_MMA_10_rufiyaa_2015.10.05_B216as_PNLs_A_000000_r
B216 (PNL): 10 rufiyaa (US$0.65)
Golden yellow. Front: Underprint of traditional drum (boduberu) designs; denomination as registration device; seated men and women playing traditional drums; toddy tapper (ruh’ erun) climbing coconut palm tree (dhondhamburu ruku ihaleh). Back (vertical): Oldest drum displayed in the national museum. No security thread. Watermark (shadow image): Unknown. Printer: (TDLR). 150 x 70 mm. Polymer (Safeguard).
a. 5 OCTOBER 2015. Sig. 5. Intro: December 2015.
The theme of this note is “our culture.”

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B217 (PNL): 20 rufiyaa (US$1.30)
Purple. Front: Underprint of aerial view of islands and reefs in Maldives; denomination as registration device; jet airplane taking off from Ibrahim Nasir International Airport (MLE); fisherman carrying skipjack tuna and yellow fin tuna; cowry shell (Cyprea moneta). Back (vertical): Traditional sail boat (Dhoni). No security thread. Watermark (shadow image): Unknown. Printer: (TDLR). 150 x 70 mm. Polymer (Safeguard).
a. 5 OCTOBER 2015. Sig. 5. Intro: December 2015.
The theme of this note is “our industrial and economic progress.”

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B218 (PNL): 50 rufiyaa (US$3.25)
Green. Front: Underprint of stone carvings in the Friday Mosque (Hukuru Miskiy); denomination as registration device; men pulling boats from the beach onto the water (Dhoni beylun); seated boy reciting the Holy Quran. Back (vertical): The minaret of the Friday Mosque (Hukuru Miskiy). No security thread. Watermark (shadow image): Unknown. Printer: (TDLR). 150 x 70 mm. Polymer (Safeguard).
a. 5 OCTOBER 2015. Sig. 5. Intro: December 2015.
The theme of this note is “our unity and Islamic values.”

Maldives_MMA_100_rufiyaa_2015.10.05_B219as_PNLs_A_000000_fMaldives_MMA_100_rufiyaa_2015.10.05_B219as_PNLs_A_000000_r
B219 (PNL): 100 rufiyaa (US$6.50)
Red. Front: Underprint of old Dhivehi alphabet (Dives akuru); denomination as registration device; group of locals in traditional attire; seated woman wearing traditional dress (Libaas), working on the neckline threading (Hiru) of a similar dress. Back (vertical): Early Dhivehi scripture (Dambidū Lōmāfānu). No security thread. Watermark (shadow image): Unknown. Printer: (TDLR). 150 x 70 mm. Polymer (Safeguard).
a. 5 OCTOBER 2015. Sig. 5. Intro: December 2015.
The theme of this note is “nationalism and our native language.”

Maldives_MMA_500_rufiyaa_2015.10.05_B220as_PNLs_A_000000_fMaldives_MMA_500_rufiyaa_2015.10.05_B220as_PNLs_A_000000_r
B220 (PNL): 500 rufiyaa (US$33)
Orange. Front: Underprint of Kuribontaa pattern found on traditional hand weaved mats made out of hay (Thun’du kunaa); denomination as registration device; seated woman making ekels (Iloshi), traditionally used for brooms (Iloshi fathii); artisan carving wood using mallet and chisel; flower Spark ORBITAL patch. Back (vertical): Traditional hand carved vase with lacquer work detailing. No security thread. Watermark (shadow image): Unknown. Printer: (TDLR). 150 x 70 mm. Polymer (Safeguard).
a. 5 OCTOBER 2015. Sig. 5. Intro: December 2015.
The theme of this note is “our ancestral craftsmanship.”

Maldives_MMA_1000_rufiyaa_2015.10.05_B221as_PNLs_A_000000_fMaldives_MMA_1000_rufiyaa_2015.10.05_B221as_PNLs_A_000000_r
B221 (PNL): 1,000 rufiyaa (US$66)
Blue. Front: Underprint of spot and striped pattern on the skin of whale sharks; denomination as registration device; manta rays (Manta alfredi); green turtle (Chelonia mydas); corals SPARK patch; luxury resort. Back (vertical): Whale shark (Rhincodon typus). No security thread. Watermark (shadow image): Unknown. Printer: (TDLR). 150 x 70 mm. Polymer (Safeguard).
a. 5 OCTOBER 2015. Sig. 5. Intro: December 2015.
The theme of this note is “the beauty in our surrounding.”

Courtesy of Cleo Phas and Timothy Middleton.

Maldives new 5,000-rufiyaa commemorative polymer note (B222) confirmed

According to the Maldives Monetary Authority press release dated 26 July 2015, the MMA has introduced a 5,000-rufiyaa note (US$330) commemorating the 50th anniversary of independence. This is the first denomination in a new family of seven banknotes printed on DLR’s Safeguard polymer substrate. The other circulating denominations—10, 20, 50, 100, 500, and 1,000 rufiyaa—will follow from October 2015 onwards (the existing 5-rufiyaa note will be replaced by a coin).


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B222 (PNL): 5,000 rufiyaa (US$330)
Light blue and gold. Front: Combination of people, trees, buildings, and boats symbolizing growth and development of the northern seashore of the capital city of Male’ over 50 years. Back: Large central 50 inside of which is depicted the signing ceremony in which Maldives officially gained independence on 26 July 1965; interwoven background signifying the uniqueness, craftsmanship, heritage, and Islamic customs retained by Maldivians. Printer: (TDLR). 165 x 80 mm. Polymer (Safeguard).
a. 2015/AH1436. Signature 4. Prefix MF. Intro: 26.07.2015.


Maldives new note family to be issued beginning July 2015

According to a De La Rue press release dated 12 May 2015, the Maldives Monetary Authority will introduce a new family of seven banknotes printed on DLR’s Safeguard polymer substrate. The first denomination—a commemorative 5,000-rufiyaa note—will be launched at the end of July 2015. The other circulating denominations—10, 20, 50, 100, 500, and 1,000 rufiyaa—will follow from October 2015 onwards (the existing 5-rufiyaa note will be replaced by a coin). The Maldives Monetary Authority held a design competition and selected local artist Abdullah Nashaath to ensure that the new family, called Randhihafaheh, has an authentically Maldivian look.

Courtesy of Alex Zlotin.

Maldives new 1,000-rufiyaa note to be introduced in October 2015

According to an article on Sun.mv dated 9 March 2015, the Maldives Monetary Authority will replace the 5-rufiyaa note (MMA B10) with a coin in 2016, and will introduce a new denomination, the 1,000-rufiyaa note, in October 2015.

According to another article, the winner of the competition for designing the new series of banknotes is Abdulla Nashath. Javaahirumaage, Baa Kendhoo. The new series of notes will be printed on polymer, not paper. The 10-, 50-, and 1,000-rufiyaa notes will be issued in October 2015, followed by the 100- and 500-rufiyaa in 2016.

Courtesy of Aidan Work.

Maldives announces design competition for new note series


According to a press release dated 3 September 2014, the Maldives Monetary Authority is calling for designs of a new note series with new designs and modern security features. The door is now open for all Maldivian nationals to submit sketches/designs for the new note series. The submission deadline is 30 October 2014.

Courtesy of AIdan Work.


Maldives new sig/date (02.01.2013) 100-rufiyaa note confirmed



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On 22 October 2013, the Maldives Monetary Authority issued a new 100-rufiyaa note like MMA B14, but with enhanced security features, including Cornerstone watermarks, electrotype 100 watermark, and 3-mm wide red-to-green color-changing windowed security thread with demetalized 100 MMA and decoractive pattern. The new notes bear the signature of Governor Dr. Fazeel Najeeb and the date 20 Safar 1434/2 January 2013. The bank's pamphlet describing this note indicates the denomination was last printed in 2004, but the only known dates are 1995/AH1416 and 2000/AH1421.

Courtesy of Alexander Petrov, Peter Cin, and Aidan Work.

Maldives new sig/date (2011) 5-rufiyaa note confirmed


5 rufiyaa (US$0.35), 2011. Like MMA B10 (P18), but new signature and new date.

Courtesy of Hartmut Fraunhoffer (www.banknoten.de).

Maldives new sig/date (2008) 50-rufiyaa note confirmed


50 rufiyaa (US$3.25), 2008. Like MMA B13 (P21), but new signature and new date.

Courtesy of Hartmut Fraunhoffer (www.banknoten.de).

Maldives chapter of The Banknote Book is now available


The Maldives chapter of The Banknote Book is now available for individual sale and as a free download to subscribers.

This 12-page catalog covers notes issued by the The Government of the Maldives from 1947 to 1980, and the Maldives Monetary Authority from 1983 to present. Revised 15.11.2018.

Each chapter of The Banknote Book includes detailed descriptions and background information, full-color images, and accurate valuations. The Banknote Book also features:
  • Sharp color images of note’s front and back without overlap
  • Face value or date of demonetization if no longer legal tender
  • Specific identification of all vignette elements
  • Security features described in full
  • Printer imprint reproduced exactly as on note
  • Each date/signature variety assigned an individual letter
  • Variety checkboxes for tracking your collection and want list
  • Red stars highlight the many notes missing from the SCWPM
  • Date reproduced exactly as on note
  • Precise date of introduction noted when known
  • Replacement note information
  • Signature tables, often with names and terms of service
  • Background information for historical and cultural context
  • Details magnified to distinguish between note varieties
  • Bibliographic sources listed for further research

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If you collect the entire world or a large number of countries, buying a subscription is the best deal because it's less expensive than buying chapters individually, and it entitles you to every chapter currently available as well as everything published—or revised (click here to see the Change Log)—during the term of your subscription.

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Maldives new date (29.12.2008) 20-rufiyaa note confirmed


20 rufiyaa (US$1.55), 2008/AH1430. Like Pick 20, but new date (29.12.2008) and new signature (unknown).

Courtesy of Rui Manuel Palhares.

Maldives new date (1998) 10-rufiyaa variety confirmed


The SCWPM lists two date varieties for the 10-rufiyaa from Maldives (Pick 19): 1998 and 2006. As it turns out, there are actually two varieties dated 1998. The difference is that the first variety has the printer imprint of DE LA RUE at bottom center on back, whereas the second variety is without the imprint, as is the 2006 note. The transition from with to without imprint appears to take place between serial number prefixes C and D, although this has not been confirmed.

Courtesy of Bill Stubkjaer.

Maldives new date (2000) 5-rufiyaa variety confirmed


The SCWPM lists three date varieties for the 5-rufiyaa from Maldives (Pick 18): 1998, 2000, and 2006. As it turns out, there are actually two varieties dated 2000. The difference is that the first variety has the printer imprint of DE LA RUE at bottom center on back, as does the 1998 note, whereas the second variety is without the imprint, as is the 2006 note. The transition from with to without imprint appears to take place between serial number prefixes E and F, although this has not been confirmed.

Courtesy of Bill Stubkjaer.

Maldives new date (01.07.2006) 5- and 10-ruffiyaa notes confirmed


5 rufiyaa (US$0.40), 1 July 2006/AH1427. Like P18, but new date, new signature (Qasim Ibrahim, Governor), and “DE LA RUE” imprint removed from back.


10 rufiyaa (US$0.80), 1 July 2006/AH1427. Like P19, but new date, new signature (Qasim Ibrahim, Governor), and “DE LA RUE” imprint removed from back.

Maldives new date (01.07.2006) 500-rufiyaa note confirmed


500 rufiyaa (US$39.05), 1 July 2006. Like P23, but new date, new signature (Qasim Ibrahim, Governor), Cornerstone watermark, 500 as electrotype watermark, windowed 3mm StarChrome security thread changes red to green. Printer: De La Rue.

As of May 10, 2007, all 500-rufiyaa notes issued on or before May 1, 1996 (P17 and 23) ceased being legal tender. The deadline for exchange was November 8, 2007.

Courtesy of Claudio Marana.

Maldives new sig/date (10.03.2018) 100-rufiyaa note (B219b) confirmed introduced 03.09.2018

According to a press release, on 3 September 2018 the Maldives Monetary Authority introduced new 100-rufiyaa notes like the preceding issues, but with new signature (Ahmed Naseer) and new date (10 MARCH 2018).




Courtesy of Claudio Marana and Thomas Augustsson.