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Description
The 10 Rufiyaa banknote belongs to Series D issued by the Maldivian Bank, with an official issue date set on 10 March 2018. It is a banknote in circulation in the Republic of Maldives, whose national currency is the rufiyaa.
The rufiyaa has been the official currency of the Maldives since 1947, succeeding the former local currency. Series D represents an evolution in the design of Maldivian banknotes, generally incorporating modernised graphic and security features compared to previous series. Banknotes of this series typically feature motifs related to the natural and cultural wealth of the archipelago, including marine representations, endemic species or architectural symbols characteristic of the Maldives.
The face value of 10 rufiyaa constitutes an intermediate denomination in the range of Maldivian banknotes. The banknote features, like all issues from the Maldives Bank, security elements designed to combat counterfeiting, usually including watermarks, security threads and optically variable ink effects.
The date of 10 March 2018 printed on the banknote corresponds to the official date of circulation or legal authorisation of this issue, a common practice in the monetary policy of central banks to precisely identify each series and facilitate the management of potential withdrawals from circulation.
The monetary unit, the rufiyaa, is subdivided into 100 laari. This 10 rufiyaa Series D banknote thus stands as a testament to the contemporary monetary policy of the Maldives and reflects the international standards in fiduciary production adopted by the Maldives Monetary Authority.
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