Maldives new note family reported for introduction in 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.

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