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Maldives Rufiyaa Banknotes
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The information about Maldives.
Maldives also called Maldives Island is an independent island country which is located in the north of the Indian Ocean. Maldives is the smallest country in Asia continent with 120 square miles. Malé is the capital of Maldives. It is also one of the world’s most dispersed countries and the second least populous in ranking. The official language in Maldives is Dhivehi and English a recognized language.
The history of Maldivian rufiyaa.
As the period of the coin currency had ended, the government started issuing the first banknote which is known as the Sri Lanka rupee. Until 1947, the introduction of rufiyaa by the Maldives Monetary Authority was replacing the previous notes.
On 5 September 1948, the “Maldivian Banknote” law was passed. As the result, the first banknote denomination of Maldives was introduced in 1, 2, 5, and 10 rufiyaa notes. In 1951, 50 and 100 rufiyaa notes were in circulation.
The new banknote denomination was introduced in 1983. The banknotes were available in 2, 5, 10, 20, 50, and 100 rufiyaa notes. Followed by 500 rufiyaa banknotes were in circulation in 1990.
The latest denomination 5 000 rufiyaa notes were added in October 2015 to celebrate the anniversary of 50 years of independence. At the same time, the new family of the denomination was introduced in the polymer material along with the new denomination 1 000 rufiyaa notes.
The historical scenes and symbols which represent the traditional and culture are able to observe on these banknotes.


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