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South Yemeni dinar: Difference between revisions

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[[it:Dinaro dello Yemen del sud]]
[[it:Dinaro dello Yemen del sud]]
[[ja:南イエメン・ディナール]]
[[ja:南イエメン・ディナール]]
[[ru:Динар Южного Йемена]]

Revision as of 16:59, 2 May 2008

South Yemeni dinar
ISO 4217
CodeYDD
Denominations
Subunit
 1/1000fils
Banknotes500 fils, 1, 5, 10 dinar
Coins2½, 5, 10, 50, 100, 250 fils
Demographics
User(s) South Yemen
Issuance
Central bankBank of Yemen

The dinar (Arabic: دينار) was the currency of South Arabia and then South Yemen between 1965 and 1990. It was subdivided into 1000 fils (فلس). After Yemen's monetary unification on 1 July 1990, it was one of the two official currencies used in Yemen Republic until 11 June 1996.

History

The dinar was introduced in 1965, replacing the East African shilling at a rate of 1 dinar = 20 shillings, thus setting the dinar initially equal to the British pound. The dinar was replaced by the rial following unification with North Yemen. The exchange rate was 1 dinar = 26 rial. Dinar banknotes remained legal tender until 1996.

Coins

In 1965, coins (dated 1964) were introduced for South Arabia in denominations of 1, 5, 25 and 50 fils. The 1 fils was struck in aluminium, the 5 fils in bronze and the higher two denominations in cupro-nickel. In 1971, coins were issued in the name of "Democratic Yemen", changing to the "People's democratic Republic of Yemen" in 1973. That year, aluminium 2½ fils were introduced, followed by aluminium 10 fils and cupro-nickel 100 and 250 fils in 1981. The 10 fils was scalloped shaped whilst the 100 fils was octagonal.

Banknotes

In 1965, the South Arabian Currency Authority introduced notes in denominations of 250 and 500 fils, 1, 5 and 10 dinar. In 1984, the Bank of Yemen introduced its first notes, for 500 fils, 1, 5 and 10 dinar.

References

  • Krause, Chester L.; Clifford Mishler (1991). Standard Catalog of World Coins: 1801–1991 (18th ed.). Krause Publications. ISBN 0873411501.
  • Pick, Albert (1994). Standard Catalog of World Paper Money: General Issues. Colin R. Bruce II and Neil Shafer (editors) (7th ed.). Krause Publications. ISBN 0-87341-207-9.

External links

Template:Standard numismatics external links

Preceded by:
East African shilling
Ratio: 1 dinar = 20 shillings = 1 British pound
Currency of South Yemen
19651990
Succeeded by:
Yemeni rial
Reason: unification with North Yemen to form Yemen
Ratio: 1 dinar = 26 rials