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MMA launches reprint of MVR50 with new symbol next month

Maldives Monetary Authority (MMA) has revealed that the reprint of the Rufiyaa 50 with the Maldivian Rufiyaa symbol printed on both sides of the banknote will be introduced in circulation from December onwards.

MMA stated that the Maldivian Rufiyaa symbol will be included with the face value at the top left of the banknote and with the face value at the top left of the back of the note. The new banknote is signed by the Governor of MMA Ali Hashim. The date on the note will be September 8, 2022. MMA stated that the newly printed Rufiyaa 50 notes will be used with the existing ones.

The Ran Dhihafaheh note series was launched in 2015 and is the third banknote series to be introduced in the Maldives. The series consisting of 10, 20, 50, 100, 500, and 1,000 Rufiyaa notes was introduced into circulation in 2016. The five Rufiyaa note was added to the series in 2017. According to some of the security features of these notes, the serial number will be illuminated by ultraviolet (UV) light. The face value of the note will also be illuminated in UV light and cannot be visible through ordinary light.