Yemeni Rial in IMF Special Drawing Rights

YER Yemeni Rial

Country of application:
Yemen

Coin denominations in circulation:
1, 5, 10, 20 riyals.

Denominations of banknotes in circulation:
50, 100, 200, 250, 500, 1000 rials.

History reference:
The Yemeni rial (YER) is the national currency (money) of the Republic of Yemen, in circulation since 1990 (unification of North and South Yemen into one country). After the unification of the Arab R...epublic of Yemen and the Peoples Democratic Republic of Yemen in 1990, both the North Yemeni rial and the South Yemeni dinar remained in circulation throughout the country, equated at a ratio of 26 dinars to 1 rial, and in 1993 the first new coins were issued . In 1996, the dinar was withdrawn from circulation, and the rial became the countrys only currency, and the old banknotes were gradually replaced with new ones. In 1996, the dinar was withdrawn from circulation, and the rial banknotes were updated. At present, Yemens fiat currency, the fils, has a purely formal status

XDR IMF Special Drawing Rights

Country of application:
International Monetary Fund

Coin denominations in circulation:
-

Denominations of banknotes in circulation:
-

History reference:
The International Monetary Fund is the leading organization for international cooperation in the monetary and financial sphere. The international monetary background provides short- and medium-term l...oans with a deficit in the balance of payments of the state. The granting of loans is usually accompanied by a set of conditions and recommendations.