Yemeni rial

Yemeni rial
ريال يمني (Arabic)
1000 Yemeni rial banknote
ISO 4217
CodeYER (numeric: 886)
Subunit0.01
Unit
Symbol﷼ or YRl/YRls
Denominations
Superunit
 10dinar
Subunit
1100fils
BanknotesYRls 50, YRls 100, YRls 200, YRls 250, YRls 500, YRls 1,000
CoinsYRl 1, YRls 5, YRls 10, YRls 20
Demographics
ReplacedNorth Yemeni rial
Yemeni dinar
User(s) Yemen
Issuance
Central bankCentral Bank of Yemen
 Websitewww.centralbank.gov.ye
Valuation
Inflation16.8%
 Source2023[1]

The rial (Arabic: ريال يمني; sign: ; abbreviation: YRl (singular) and YRls (plural) in Latin,[2] ,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 former government backed by Saudi Arabia, ongoing printing has caused the currency's value to plummet. However, in northern Yemen, which is primarily controlled by Ansar Allah with support from Iran, banknotes printed after 2017 are not considered legal tender. Therefore, the exchange rate has remained stable.[3] The differences in banknotes printed before and after 2017 can be determined by its size.

  1. ^ "Republic of Yemen". International Monetary Fund. Retrieved 26 May 2023.
  2. ^ "World Bank Editorial Style Guide 2020 - page 139" (PDF). openknowledge.worldbank.org. Retrieved 2022-09-06.
  3. ^ "Yemen currency clash deepens crisis in war-torn country". www.aljazeera.com. Retrieved 2022-03-08.