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Saudi Arabia
Dinar; Ghirsh; Guinea; Halala; Riyal, Kuwait
Baiza; Dinar; Fil
The dinar is the currency of Kuwait. It is sub-divided into 1000
fils.and
was introduced in 1961 to replace the Gulf rupee.
When Iraq invaded Kuwait the Iraqi dinar replaced the Kuwaiti dinar as
the currency and large quantities of banknotes were stolen by the
invading forces. After liberation, the Kuwaiti dinar was restored as the
country's currency and
To date five series of the Kuwaiti dinar banknote have been printed.
After the creation of the Central Bank of Kuwait new ¼, ½ and 10 dinar notes were issued
followed by the new 1 and 5 dinar notes
The third series of ¼, ½, 1, 5 and 10 dinar was issued after the accession to
the throne of Emir Jaber al-Ahmad al-Jaber al-Sabah, . A 20 dinar
banknote was introduced later. . Significant quatities of these notes
were stolen by Iraqi forces and some have appeared on the international
numismatic market.
The riyal is the currency of Saudi Arabia. since the country
came in to being and was the currency of Hejaz before Saudi Arabia was
created.
In 1960, the system was changed to 20 ghirsh = 1 riyal and this was
followed in 1963 by the introduction of the halala, worth one hundredth
of a riyal.
Inthe fifties the Saudi
Arabian Monetary Agency began issuing Haj Pilgrim Receipts for 10
riyals with 1 and 5 riyals following that largely replaced
silver riyal coins in major financial transactions. Consequently, the
Monetary Agency began issuing regular banknotes for 1, 5, 10, 50 and 100
riyal in the sixties.
500 Riyal notes were introduced in the eighties followed by 20 and 200 riyal banknotes
for the centenary of the Kingdom of Saudi Arabia.
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