Yemeni Rial
Also known as rial, YER, ريال
Official currency of Yemen
AI overview
The Yemeni Rial is the official money used in Yemen for buying and selling goods and services. It matters because it's essential to everyday life in the country, though its value has been affected by Yemen's ongoing conflict and economic challenges.
AI-generated from the Wikipedia summary — may contain errors.
Key facts
- 10
- dinar
- Code
- YER (numeric: 886 )
- Symbol
- ﷼ or YRl/YRls
- 1 100
- fils
- Banknotes
- YRls 50, YRls 100, YRls 200, YRls 250, YRls 500, YRls 1,000
- Coins
- YRl 1, YRls 5, YRls 10, YRls 20
- Replaced
- North Yemeni rial , Yemeni dinar
- User s
- Yemen
- Central bank
- Central Bank of Yemen
- Website
- www .centralbank .gov .ye
- Inflation
- 16.8%
via Wikipedia infobox
Wikidata facts
Article
The rial (Arabic: ريال يمني; sign: ﷼; abbreviation: YRl (singular) and YRls (plural) in Latin, ,ر.ي in Arabic; ISO code: YER) is the official currency of the Republic of Yemen. It is technically divided into 100 fils, although coins denominated in fils have not been issued since Yemeni unification. Due to the ongoing political instability, the value of the Yemeni rial has fallen significantly.
The Yemeni civil war has caused the currency to diverge. In southern Yemen, which is primarily controlled by UAE-backed separatists and the internationally recognized government backed by Saudi Arabia, ongoing printing has caused the currency's value to plummet. However, in northern Yemen, which is primarily controlled by the Houthis with support from Iran, banknotes printed after 2017 are not considered legal tender. Therefore, the exchange rate has remained stable. The differences in banknotes printed before and after 2017 can be determined by their size.