The Yemeni rial ( Arabic ريال يمني, DMG Riyal Yamani) is the currency of theRepublicofYemen. It is divided into 100 fils.
The ISO code is YER.
Even before the unification ofYemen, there were two in NorthYemen(the Kingdom ofYemen, and from1962 intheYemenArabRepublic), the (North Yemen) Riyal (YER) as currency. InSouth Yemen( Protectorate of South Arabia , South Arabian Federation , then People’s Democratic Republic of Yemen ) was the currency of South Yemeni dinar (YDD).
The North Yemeni rial was first divided into 40 Buqsha, 80 or 160 Halala Zalate. From 1 April 1975 was divided into 100 fils 1 Rial [1]
After the unification of Yemen Rial 1990, was adopted as the common currency, the ISO currency code YER remained there. The dinar remained in the south alongside the official currency Rial until 1996.
In March 1990, was a .174 Rial DM value [2] , a South Yemeni dinar equivalent to DM5.19 ayear earlier from 1990 to 1996, the exchange rate between two currencies 1 dinar = 26 riyals.
December 15th, 2011
admin
Posted in