Fiji is set to undergo a notable change in its currency as the Reserve Bank of Fiji (RBF) announces plans to introduce a new series of banknotes next month. This significant update, aimed at improving the quality, durability, and security of the country’s currency, will be officially unveiled on December 2, 2025, by President Ratu Naiqama Lalabalavu, with the new banknotes entering circulation on January 2, 2026.
RBF Governor Ariff Ali emphasized the importance of this redesign, noting that the last comprehensive review of Fiji’s banknotes took place in 2012, leading to the current flora and fauna series. The RBF regularly assesses its currency approximately every decade to ensure it meets national standards and remains resilient against counterfeit threats.
The upcoming banknote series will feature innovative designs on the reverse side that reflect Fiji’s rich national heritage, biodiversity, and cultural identity. Notable enhancements will include a new substrate for improved durability, advanced security features to combat counterfeiting, and better accessibility attributes for individuals with visual impairments.
In addition to this transformative change in currency, recent reports indicate a positive outlook for Fiji’s economy. The RBF has confirmed a strong foreign reserve level of approximately $3.6 billion, sufficient to cover around 5.8 months of imports, which signals the nation’s financial stability. While inflation has risen to 4.8%, the economy is expected to grow by 3.8% in 2024, largely driven by a rebound in tourism and increased activity in the services sector.
Moreover, the RBF is actively modernizing its financial systems, exemplified by advancements in Fiji’s payment infrastructure, including the automation of interbank transactions designed to boost efficiency and security.
The introduction of the new banknotes not only reflects Fiji’s commitment to a secure and representative currency but also aligns with broader economic trends that are encouraging for financial stability and growth. This forward-thinking strategy highlights the RBF’s dedication to innovation and demonstrates a proactive approach in navigating global economic challenges, fostering hope for a promising economic future in Fiji.