Fiji is set to introduce new banknotes that feature enhancements tailored to assist the visually impaired and bolster security against counterfeiting. The updated design results from a comprehensive review conducted in accordance with the Reserve Bank of Fiji Act, aimed at modernizing the nation’s currency.
Bank Governor Ariff Ali highlighted that this redesign includes significant changes to the banknotes’ back and utilizes a new substrate that promotes greater durability. The introduction of advanced security features aims to address ongoing concerns regarding counterfeit currency.
The new banknotes are scheduled to be unveiled by President Ratu Naiqama Lalabalavu on December 2, 2025, with a planned circulation start date of January 2, 2026. This initiative reflects the Reserve Bank of Fiji’s ongoing efforts to enhance the financial landscape and ensure broader accessibility and security for all Fijians.
This move aligns with the Reserve Bank’s commitment to maintaining an adaptable and resilient economy amid evolving challenges. Recent economic reports showcase a robust foreign reserve level of approximately $3.6 billion, offering Fiji approximately 5.8 months of import coverage despite facing inflationary pressures. Although the inflation rate has increased to an average of 4.8%, economic growth is projected at 3.8% for 2024, driven largely by a revival in the services sector and tourism.
This optimistic vision highlights Fiji’s focus on inclusivity in finance and technological advancement, aiming for a secure financial environment as it embraces the future. The launch of the new banknotes not only signifies progress in currency security but also exemplifies the nation’s commitment to creating systems that cater to all citizens, including those with visual impairments.