Banknotes of Maldives

The official currency of the Maldives is the Maldivian Rufiyaa (MVR), issued by the Maldives Monetary Authority. Paper money was first introduced in the Maldives in 1981, replacing a system that relied heavily on coins. A significant reform occurred in 2015 when the Maldives redenominated its currency, cutting two zeros from the existing banknotes. Collectors often focus on the colorful designs of Maldivian banknotes, which frequently incorporate marine life, reflecting the country’s geographic context. The 2000 Rufiyaa note, issued in 2007, features an intricate depiction of a Maldivian bodu beru drum, symbolizing the nation's traditional music.