diff --git a/doc/development/release_notes.md b/doc/development/release_notes.md
index 9a6058d07bb..bd931c5ff36 100644
--- a/doc/development/release_notes.md
+++ b/doc/development/release_notes.md
@@ -3,7 +3,7 @@ Release notes
 
 This page contains the release notes for PennyLane.
 
-.. mdinclude:: ../releases/changelog-dev.md
+.. mdinclude:: ../releases/changelog-0.31.0.md
 
 .. mdinclude:: ../releases/changelog-0.30.0.md
 
diff --git a/doc/releases/changelog-dev.md b/doc/releases/changelog-0.31.0.md
similarity index 99%
rename from doc/releases/changelog-dev.md
rename to doc/releases/changelog-0.31.0.md
index 4e201b0161a..82a07004fcd 100644
--- a/doc/releases/changelog-dev.md
+++ b/doc/releases/changelog-0.31.0.md
@@ -1,6 +1,6 @@
 :orphan:
 
-# Release 0.31.0-dev (development release)
+# Release 0.31.0 (current release)
 
 <h3>New features since last release</h3>
 
diff --git a/pennylane/_version.py b/pennylane/_version.py
index 94f8fed5a1d..afaacd4e0ce 100644
--- a/pennylane/_version.py
+++ b/pennylane/_version.py
@@ -16,4 +16,4 @@
 Version number (major.minor.patch[-label])
 """
 
-__version__ = "0.31.0-dev"
+__version__ = "0.31.0"