Maldives new 1,000-rufiyaa note reported for introduction 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.

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