|ريال يمني (Arabic)|
1000 Yemeni rial banknote
|ISO 4217 code||YER|
|Central bank||Central Bank of Yemen|
|Source||The World Factbook, 2010 est.|
|Coins||1, 5, 10, 20 rials|
|Banknotes||50, 100, 200, 250, 500, 1000 rials|
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 On 11 June 1996, the dinar was withdrawn from circulation.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. Since the mid-1990s the Yemeni rial has been freely convertible. Though it has dropped from YER 20 to approximately YER 215 against the U.S. dollar since then, the rial has been stable for several years. However, since 2010 the Central Bank had to intervene several times, resulting in a serious decline of foreign reserves. By late 2013, the Economic Intelligence Unit expects reserves to decline to approximately 1.3 months of imports over the following years, despite information that Saudi Arabia would transfer $1 billion to the Yemeni Central Bank.
When Yemen unified, coins had been issued in North Yemen in denominations of 1, 5, 10, 25 and 50 fils and 1 rial. 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.
|1 rial||5 rial||10 rial|
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 November 14, 2009.
|Currently circulating banknotes|
|50 rials||Olive-green||Bronze statue of Ma'adkarib||Shibam city, Hadramaut|
|100 rials||Purple||Ancient culverts, Aden||San'a|
|200 rials||Green||Alabaster sculpture||Mukalla|
|||||250 rials||Orange & blue||Al-Saleh mosque, Sana'a||Mukalla|
|500 rials||Blue||Palace of the Rock||Al-Muhtar mosque, Tarim|
|1,000 rials||Pink & green||Sultan's palace in Seiyun, Hadramaut||Bab Al-Yaman gate, San'a|
- Krause, Chester L., and 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.
- BTI 2014- Yemen Country Report
- Yemen new 250-rial note confirmed, BanknoteNews.com. Retrieved 2011-09-06.
- , BanknoteNews.com. Retrieved 2011-09-06.
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
North Yemeni rial
Location: North Yemen
Ratio: at par
|This Yemen-related article is a stub. You can help Wikipedia by expanding it.|
|This article about a unit of currency is a stub. You can help Wikipedia by expanding it.|