South Yemeni dinar

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South Yemeni dinar
ISO 4217
Code YDD
Denominations
Subunit
 1/1000 fils
Banknotes 500 fils, 1, 5, 10 dinars
Coins 2½, 5, 10, 50, 100, 250 fils
Demographics
User(s)

 South Yemen

 Yemen
Issuance
Central bank Bank of Yemen
This infobox shows the latest status before this currency was rendered obsolete.

The dinar (Arabic: دينار‎‎) (Arabic: مؤسسة النقد للجنوب العربي‎‎) was the currency of South Arabia and then South Yemen between 1965 and 1990. It was subdivided into 1000 fils (فلس). After Yemen's monetary unification on 1 July 1990, it was one of the two official currencies used in Yemen Republic until 11 June 1996.

History

The dinar was introduced in 1965 as the South Arabian Dinar, replacing the East African shilling at a rate of 1 dinar = 20 shillings, thus setting the dinar initially equal to the British pound. It was renamed the South Yemeni dinar after the Aden Protectorate became independent in 1967 as the South Yemen. The South Yemeni dinar was replaced by the rial following unification with North Yemen. The exchange rate was 1 dinar = 26 rial. Dinar banknotes remained legal tender until 1996.

For a wider history surrounding currency in the region, see The History of British Currency in the Middle East.

Coins

In 1965, coins (dated 1964) were introduced for South Arabia in denominations of 1, 5, 25 and 50 fils. The 1 fils was struck in aluminium, the 5 fils in bronze and the higher two denominations in cupro-nickel. In 1971, coins were issued in the name of "Democratic Yemen", changing to the "People's democratic Republic of Yemen" in 1973. That year, aluminium 2½ fils were introduced, followed by aluminium 10 fils and cupro-nickel 100 and 250 fils in 1981. The 10 fils was scalloped shaped whilst the 100 fils was octagonal.

Banknotes

On 1 April 1965, the South Arabian Currency Authority introduced notes in denominations of 250 and 500 fils, as well as 1 and 5 dinars. A 10-dinar note was issued on 1 July 1967.[1] In 1984, the Bank of Yemen introduced 500 fils as well as 1, 5 and 10 dinar notes that are like the preceding issues of South Arabia, except the English text and printer’s imprint have been removed from the front, the name of the issuer has changed and now appears on the back, along with the name of the capital (ADEN).[2]

References

  1. ^ Linzmayer, Owen (2012). "South Arabia". The Banknote Book. San Francisco, CA: www.BanknoteNews.com. 
  2. ^ Linzmayer, Owen (2012). "Democratic Republic of Yemen". The Banknote Book. San Francisco, CA: www.BanknoteNews.com. 

Value

Value Obverse Reverse date
10 fils 10 PDRY fils - obverse.jpg 10 PDRY fils - reverse.jpg 1981
50 fils 50 South Yemeni fils - obverse.jpg 50 South Yemeni fils - reverse.jpg 1964
50 fils 50 PDRY fils - obverse.jpg 50 PDRY fils - reverse.jpg 1979
100 fils 100 PDRY fils - obverse.jpg 100 PDRY fils - reverse.jpg 1981
250 fils 250 PDRY fils - obverse.jpg 250 PDRY fils - reverse.jpg 1981

External links

  • Article on the banknotes of South Yemen
Preceded by:
East African shilling
Ratio: 1 dinar = 20 shillings = 1 British pound
Currency of South Yemen
1965 – 1990
Succeeded by:
Yemeni rial
Reason: unification with North Yemen to form Yemen
Ratio: 1 dinar = 26 rials
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