Discover all the banknotes issued between 1953 and 2021
News by Sept. 15, 2021- on
All Saudi Arabia banknotes are now available on Numizon. It is the 116th country to enter the world banknotes catalog.
The creation of the Saudi Arabian Monetary Agency / Authority or SAMA is ordered by two royal decrees n ° (30/4/1/1046) and (30/4/1/1047) of April 20, 1952. This new banking institution, which became the second oldest central bank in the Arab world, began operations on October 4, 1952. The first Saudi banknotes appeared in 1953 and were issued by the Saudi Arabian Monetary Agency until 2016. From that date, the Saudi Arabian Monetary Authority takes over. The banknotes currently in circulation correspond to the 6th issue (2016-2020) with denominations of 5, 10, 20, 50, 100 and 500 riyals. The fronts of these banknotes are mostly illustrated with the portrait of King Salman ibn Abdulaziz Al Saud except the 500 riyals type 2016 banknote, comprising a portrait of King Abdulaziz bin Abdul Rahman Al Saud, founder of present-day Saudi Arabia. On the backs of a large number of Saudi banknotes are represented official buildings and high places in the history of the Muslim religion ...
In 2020, the Council of Ministers approves a new law ending the Saudi Monetary Authority, replaced by the “Saudi Central Bank”. The new institute is directly linked to the monarch and enjoys complete financial and managerial independence. For the moment, only one banknote has been put into circulation under the new name. This is the 200 riyals type 2021.
Above: front of 50 riyals type 1976 (Pick # 19) with a view of the columns, dome and minaret of the magnificent Prophet's Mosque (Al-Masjid Al-Nabawi) in Medina. On the right, a portrait of King Faisal ben Abdelaziz Al Saud (1906-1975). Dimensions: 176 x 84 mm.