Business Governance

MMA unveils new 5 Ruffiya Bank Note: Captain Ali Ashfaq into the history books

Maldives Monetary Authority unveiled the new 5 Ruffiya Polymer Bank Note at a special ceremony this morning at Iskandhar School led by governor Dr. Azeema Adam. The design of the note was based on communication and community development concept. The front facing side design includes a figure that portrays a Maldivian National Team football player believed to be Captain Ali Ashfaq (Dhangandey) as well as other Maldivian traditional sports imagery.  The Back side design is based on a Triton shell.


MMA highlighted that the new 5 Ruffiya note was part of the “Ran Dhiha Faheh” that was released in the Occasion of the 50th Independence day of the Maldives inclusive of 10 Rufiyaa note, 20, 50, 100, 500 and 1000. Although the new note is scheduled to be released by July, MMA will begin awareness programs aimed at public to familiarize them with the new note before it is being circulated into the system.

Full details are available from the link below:

Source URL: Corporate Maldives

Leave a Reply


This site uses Akismet to reduce spam. Learn how your comment data is processed.

Notify of