- Yemeni rial
Infobox Currency
currency_name_in_local = ريال يمني ar icon
image_1 = Yemeni rial.jpg
image_title_1 = 1000 Yemeni rial banknote
iso_code = YER
using_countries = YEM
inflation_rate = 20.8%
inflation_source_date = " [https://www.cia.gov/library/publications/the-world-factbook/fields/2092.html The World Factbook] ", 2006 est.
subunit_ratio_1 = 1/100
subunit_name_1 = fils
symbol =
used_coins = 1, 5, 10, 20 rials
used_banknotes = 50, 100, 200, 500, 1000 rials
issuing_authority =Central Bank of Yemen
issuing_authority_website = www.centralbank.gov.yeThe rial or riyal is the currency of
Yemen . It is technically divided into 100 fils, although coins denominated in fils have not been issued since Yemeni unification.History
After the union between the North (the
Yemen Arab Republic ) and the South (thePeople's Democratic Republic of Yemen ) in1990 , both the northern rial and the southern dinar remained legal tender during a transitional period, with 1 dinar exchanged for 26 rials. On11 June 1996 , the dinar was withdrawn from circulation. In 1993, the first coins were issued for theRepublic of Yemen . The value of rial against theUnited States dollar has dropped significantly compared to 12.01 rials per dollar in early 1990s.Coins
When Yemen unified, coins had been issued in North Yemen in denominations of 1, 5, 10, 25 and 50 fils and 1 rial. However, the fils denominations have all disappeared from circulation. In 1993, new coins were introduced by the
Central Bank of Yemen in denominations of 1 and 5 rials. These were followed by 10 rials coins in 1995 and 20 rials in 2004.Banknotes
At the time of unification, Central Bank of Yemen notes in circulation were 1, 5, 10, 20, 50 and 100 rials. In 1993, the 1 and 5 rials notes were replaced by coins, with the same happening to the 10 rials notes in 1995. In 1996, 200 rials notes were introduced, followed by 500 rials in 1997 and 1000 rials in 1998. The 20 rials notes were replaced by coins in 2004.
ee also
*
Economy of Yemen References
*numis cite SCWC|date=1991
*numis cite SCWPM|date=1994External links
Standard numismatics external links
world_coin_gallery_1_url = Yemen
world_coin_gallery_1_name = Yemen
banknote_world_1_url = yemen_arab_republic
banknote_world_1_name = Yemen
dollarization_1_url = asia
dollarization_1_name = Asia
gfd_1_url = Yemen
gfd_1_name = Yemen
gfd_data_1_url = 5573
gfd_data_1_name = Yemen Rial
show_gfd_excel = Y
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