Cape Verdean Escudo in Saudi Arabian Riyal

CVE Cape Verdean Escudo

Country of application:
Cape Verde

Coin denominations in circulation:
1, 5, 10, 20, 50, 100 Cape Verde escudos.

Denominations of banknotes in circulation:
200, 500, 1000, 2000, 2500, 5000 Cape Verde escudos.

History reference:
The Cape Verde Escudo (Cabo Verde Escudo) has been the national currency and fiat (fiduciary) money of the Republic of Cape Verde (Republic of Djibouti) since 1977. Replaced the previous official cur...rency of the Cape Verde Islands escudo at a ratio of 1 to 1. The Bank of Cape Verde periodically issues commemorative coins in base and precious metals. Commemorative coins are legal tender and must be accepted in all settlements at par. In 2014, a new issue of banknotes with improved anti-counterfeit protection followed. The banknote of 200 escudos was the first in the history of Cape Verde, printed on a polymer basis.

SAR Saudi Arabian Riyal

Country of application:
Saudi Arabia

Coin denominations in circulation:
1, 5, 10, 25, 50 halals, 1, 2 rials.

Denominations of banknotes in circulation:
1, 5, 10, 50, 100, 500 riyals.

History reference:
The Saudi riyal (riyal) has been the national currency and money of the Kingdom of Saudi Arabia since 1928, even before the creation of a single state. Independent minting of coins on the territory o...f Hijaz (the coastal western region of the Arabian Peninsula with the main Islamic centers - Mecca and Medina) began rather late - at the beginning of the 19th century. These were copper mahmoudis and silver rupees, which were minted by the sheriffs of Mecca, nominally dependent on the Sultan of the Ottoman Empire. In 1916, with the support of the British and Arab nationalists, the sheriff of Mecca, Hussein ibn Ali al-Hashimi, declared himself king of the Hijaz. He also began minting his own coins in Mecca. In addition to the minting of coins of the Ottoman type (kirsh, para and dinars), under Hussein, all silver rials-thalers were countermarked. They were minted with the word "HIJAZ" in Arabic script.