The Maldives Monetary Authority has received a new shipment of MVR 20 banknotes, following a recent shortage of the denomination across the country.
In a brief statement issued today, the central bank said that as stocks of the MVR 20 note within the “Ran Dhihafaheh” series had run low, a new supply was received on 15 February 2026.
The announcement comes after businesses and banks reported limited availability of MVR 20 notes in recent days. Financial institutions had faced difficulties sourcing the denomination, particularly as cash withdrawals increased ahead of Ramadan. Businesses also indicated that the scarcity of smaller notes was affecting day-to-day cash transactions.
The shortfall is understood to have intensified last week, with higher demand for lower denominations contributing to the pressure. Smaller notes such as MVR 20 typically circulate more frequently than higher-value notes, leading to faster wear and replacement cycles.
With the arrival of the new stock, the central bank is expected to ease supply constraints in the coming days as the notes are distributed through the banking system.
