Fiji is poised to unveil new banknotes designed with features to assist the visually impaired while enhancing security measures against counterfeiting. This redesign is the outcome of a thorough review conducted in accordance with the Reserve Bank of Fiji Act, with the goal of modernizing the country’s currency.
Bank Governor Ariff Ali emphasized that the new notes will incorporate significant design alterations on their reverse side and will utilize a new substrate to improve durability. These advanced security features are being introduced to tackle persistent concerns about counterfeit currency.
President Ratu Naiqama Lalabalavu will officially launch the new banknotes on December 2, 2025, with circulation set to begin on January 2, 2026. This initiative underscores the Reserve Bank of Fiji’s commitment to enhancing the financial landscape and ensuring accessibility and security for all citizens.
The move is part of the Reserve Bank’s broader strategy to maintain a flexible and resilient economy amid changing circumstances. Recent economic analyses indicate that Fiji holds a strong foreign reserve of approximately $3.6 billion, which provides about 5.8 months of import coverage, despite grappling with inflationary challenges. Although the inflation rate has risen to an average of 4.8%, the economy is projected to grow by 3.8% in 2024, largely attributed to a rebound in the service and tourism sectors.
This forward-looking approach highlights Fiji’s dedication to inclusivity in finance and technological innovation, aiming to create a secure financial environment as the nation progresses into the future. The implementation of the new banknotes not only marks a significant step forward in currency security but also demonstrates Fiji’s commitment to developing systems that support all citizens, including those with visual impairments.