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10 Rufiyaa with Rufiyaa Sign

Issuer Maldives Monetary Authority
Year 2025
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Reference(s) TBB#224
Obverse description Central vignette of musicians playing traditional Maldivian drums alongside a toddy tapper ascending a coconut palm. Multicolour guilloche underprint frames the composition with tropical motifs.
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Reverse lettering 10
TEN RUFIYAA
MALDIVES MONETARY AUTHORITY
MALDIVES
31 JULY 2025
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Comments

The Maldives adopted a polymer substrate for this denomination, continuing a broader regional shift toward Guardian polymer for small island states where humidity, saltwater exposure, and limited banking infrastructure accelerate the deterioration of cotton-linen paper notes faster than almost anywhere else. De La Rue's Guardian polymer has been their answer to that problem across multiple Pacific and Indian Ocean issuers.

The Rufiyaa sign — ރ — incorporated into the denomination title marks a relatively recent push to formalize a dedicated currency symbol distinct from the ISO code MVR, mirroring similar moves by other currencies seeking typographic identity.

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