New Shipment of MVR 100 Notes Arrives as Existing Stocks Run Low

The Maldives Monetary Authority (MMA) has confirmed that a new shipment of MVR 100 banknotes has arrived to replenish declining stocks and ensure continued availability of the denomination.In an offi...

Mohamed Hilmy

03 February 2026, 00:00

The Maldives Monetary Authority (MMA) has confirmed that a new shipment of MVR 100 banknotes has arrived to replenish declining stocks and ensure continued availability of the denomination.

In an official statement, the central bank said its reserves of the MVR 100 notes from the current “Ran Dhiha Faheh” series had been running low, necessitating the latest shipment. The authority said the move was taken to address the shortage and maintain a steady supply of banknotes in circulation.

The MMA noted that demand for the MVR 100 denomination has increased in recent months, driven largely by wider cash usage and greater accessibility across the banking system.

Clarifying the nature of the shipment, the central bank emphasised that the replenishment does not represent an increase in the country’s money supply. It explained that central banks routinely print and import new banknotes when existing stocks decline or become unfit for circulation, describing the process as a standard administrative measure.

The banknotes currently in circulation were introduced in 2016 to mark the Maldives’ 50th anniversary of independence. The “Ran Dhiha Faheh” series has been widely recognised for its aesthetic design and advanced security features. Among the notes, the MVR 1,000 denomination, which features a whale shark, has gained international attention for its distinctive and innovative design.

New Shipment of MVR 100 Notes Arrives as Existing Stocks Run Low

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