MMA Releases Newly Printed MVR 20 and 100 Notes to Strengthen Cash Circulation

Newly printed MVR 20 and MVR 100 banknotes have been released into circulation as part of the Maldives Monetary Authority’s (MMA) ongoing efforts to maintain smooth cash flow and efficient currency management across the country.

The central bank announced that the new notes officially entered circulation on February 17, 2026. The release includes MVR 100 banknotes received by the Authority on February 2 and MVR 20 banknotes received on February 15. The move is aimed at ensuring uninterrupted access to physical currency and supporting day-to-day transactions nationwide.

According to the MMA, issuing fresh banknotes forms part of its routine currency management process, which involves monitoring circulation patterns and replenishing supplies to meet public demand. The Authority noted that such measures are essential to preserving the quality and reliability of banknotes in use.

The newly issued banknotes are from the “Ran Dhihafaheh” series and bear the signature of MMA Governor Ahmed Munawar. They carry the date July 31, 2025, corresponding to 6 Safar 1447 AH.

A key design enhancement has been introduced in the latest print of the MVR 20 banknote, which now features the Maldivian Rufiyaa symbol on both sides of the note for the first time. The symbol appears alongside the face value at the top left on the front and at the top right on the reverse. The newly printed MVR 100 banknotes also incorporate the Rufiyaa symbol, in line with the updated design introduced in July 2024.

The MMA emphasized that all previously issued MVR 20 and MVR 100 banknotes currently in circulation remain legal tender and will continue to be accepted without interruption. The Authority reaffirmed its commitment to maintaining an adequate supply of high-quality currency to support economic activity and public confidence in the national financial system.