Turkmenistani Manat in Saudi Arabian Riyal

TMT Turkmenistani Manat

Country of application:
Turkmenistan

Coin denominations in circulation:
2 and 1 manat, as well as 50, 20, 10, 5, 2 and 1 tenge.

Denominations of banknotes in circulation:
500, 100, 50, 20, 10, 5 and 1 manat.

History reference:
Manat is the monetary unit (national currency) of Turkmenistan. The manat was put into circulation on November 1, 1993. Until that time, since the declaration of independence, Soviet and Russian rubl...es were in circulation in Turkmenistan as a means of payment. The exchange of rubles for manats was carried out in the ratio: 1 manat = 500 rubles, maximum one adult citizen of Turkmenistan could receive up to 60 manats. On November 1, 1993, a new monetary unit, the manat, was put into circulation. All banknotes had the image of Saparmurat Niyazov, the former president of the republic. In January 2009, the government of Turkmenistan carried out a denomination in the proportion of 1 manat of the new model = 5,000 manat of the old model.

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.