The Maldives Monetary Authority (MMA) has released newly printed MVR 20 and MVR 100 banknotes into circulation, citing renewed demand for cash and the need to replace worn-out currency.
In a statement issued on Tuesday, the central bank confirmed that the new notes belong to the “Randhiha Faheh” series and are intended to maintain sufficient cash availability across the economy.
According to the MMA, the latest batch of MVR 100 notes was brought into the country on February 2, while the new stock of MVR 20 banknotes entered circulation on Sunday.
The banknotes are dated July 31, 2025, and bear the signature of Governor Ahmed Munawar.
The authority explained that issuing fresh stocks of currency is a routine part of monetary management and does not signal the introduction of excess Rufiyaa into the economy. Instead, the measure is aimed at replenishing circulation by replacing damaged or ageing notes and meeting seasonal or renewed demand for physical cash.
The MMA has previously clarified that such releases are conducted to ensure stability in cash flow and to maintain the overall integrity of the country’s currency system.
Officials reiterated that the move is part of standard currency management practices and does not reflect any change in monetary policy.
