Yemeni rial
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.
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 transitionary period. In 1991, the dinar was withdrawn from circulation, with 26 dinar exchanged for one rial. In 1993, the first coins were issued for the Republic of Yemen.
Coins are available in 1 (not in use due to inflation), 5, 10 and 20 rials. Banknotes in use are 20, 50, 100, 200, 500 and 1000 rials. The central bank of Yemen issues the coins and banknotes.
The exchange rate is around 194 rials per United States dollar (compared to 4 rials per dollar in 1990).
External links
| Preceded by: South Yemeni dinar Location: South Yemen Ratio: 1 rial = 26 dinar Note: use of rial started in 1990, dinar was withdrawn 1991 |
Currency of Yemen 1990 – |
Succeeded by: Current |
| Preceded by: North Yemeni rial Location: North Yemen Ratio: at par |
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