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Yemeni rial
ريال يمني (Arabic)
1000 Yemeni rial banknote
1000 Yemeni rial banknote
ISO 4217 Code YER
User(s)  Yemen
Inflation 20.8%
Source The World Factbook, 2006 est.
Subunit
1/100 fils
Coins 1, 5, 10, 20 rials
Banknotes 50, 100, 200, 250, 500, 1000 rials
Central bank Central Bank of Yemen
Website www.centralbank.gov.ye

The 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.

Contents

History

After the union between the North (the Yemen Arab Republic) and the South (the People's Democratic Republic of Yemen) in 1990, both the northern rial and the southern dinar remained legal tender during a transitional period, with 1 dinar exchanged for 26 rials. On 11 June 1996, the dinar was withdrawn from circulation. In 1993, the first coins were issued for the Republic of Yemen. The value of rial against the United 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. In addition, a 250 rial banknote was issued on the 14 November 2009. [1]

Currently circulating banknotes
Image Value Main Colour Description
Obverse Reverse Obverse Reverse
50 YER obverse.jpg 50 YER reverse.jpg 50 rial Olive-green
100 YER obverse.jpg 100 YER reverse.jpg 100 rial Purple
200 YER obverse.jpg 200 YER reverse.jpg 200 rial Green
250 rial Orange & blue
500 YER obverse.JPG 500 YER reverse.JPG 500 rial Blue
Yemeni rial.jpg 1000 YER reverse.jpg 1,000 rial Pink & green
Current YER exchange rates
From Google Finance: AUD CAD CHF EUR GBP HKD JPY USD CNY
From Yahoo! Finance: AUD CAD CHF EUR GBP HKD JPY USD CNY
From XE.com: AUD CAD CHF EUR GBP HKD JPY USD CNY
From OANDA.com: AUD CAD CHF EUR GBP HKD JPY USD CNY

See also

References

External links


Yemeni rial
Preceded by:
South Yemeni dinar
Location: South Yemen
Ratio: 1 dinar = 26 rials
Note: use of rial started in 1990,
dinar was withdrawn 1996
Currency of Yemen
1990 –
Succeeded by:
Current
Preceded by:
North Yemeni rial
Location: North Yemen
Ratio: at par







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