| الدينار اليمني Dinar | |
|---|---|
Ten dinar banknote | |
| ISO 4217 | |
| Code | YDD |
| Unit | |
| Plural | Dinars |
| Symbol | £ |
| Denominations | |
| Subunit | |
| 1⁄1000 | fils |
| Banknotes | 500 fils, £1, £5, £10 |
| Coins | 2+1⁄2, 5, 10, 50, 100, 250 fils |
| Demographics | |
| Replaced | East African shilling |
| Replaced by | Yemeni rial |
| User(s) | (since 1965) (until 11 June 1996) |
| Issuance | |
| Central bank | Bank of Yemen |
| This infobox shows the latest status before this currency was rendered obsolete. | |
Thedinar (Arabic:دينار; sign:£) was the currency ofSouth Arabia, and thenSouth Yemen, and theRepublic of Yemen after Yemen's monetary unification on 1 July 1990. Alongside theNorth Yemeni rial, it was one of the two official currencies used in Yemen until 11 June 1996. It was subdivided into 1000fils (فلس).
The dinar was introduced in 1965 as the South Arabian dinar, replacing theEast African shilling at a rate of 1 dinar = 20 shillings, thus setting the dinar initially equal to onepoundsterling, it also used thepound sign as its Latin script symbol. It was renamed to thedinar after the independence of thePeople's Democratic Republic of Yemen (South Yemen) in 1967. The dinar was replaced with theYemeni rial followingunification with theYemen Arab Republic (North Yemen) in 1990. Dinar banknotes remained legal tender during a transitional period until 1996. The exchange rate during that period was 26 rials to one dinar.[citation needed]
For a wider history surrounding currency in the region, seeBritish currency in the Middle East.
In 1965, coins (dated 1964) were introduced for both theFederation of South Arabia and theProtectorate of 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.[citation needed]
In 1971, coins were issued in the name of "Democratic Yemen", changing to the "People's Democratic Republic of Yemen" in 1973. That year, aluminium2+1⁄2 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 wasoctagonal.[citation needed]
| Image | Value | date | |
|---|---|---|---|
| Obverse | Reverse | ||
| 10 fils | 1981 | ||
| 50 fils | 1964 | ||
| 50 fils | 1979 | ||
| 100 fils | 1981 | ||
| 250 fils | 1981 | ||
On 1 April 1965, the South Arabian Currency Authority introduced notes in denominations of 250 fils, 500 fils, 1 dinar, 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 dinar, 5 dinar, 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]
| Image | Value | Main Colour | Description | Date of | |||
|---|---|---|---|---|---|---|---|
| Obverse | Reverse | Obverse | Reverse | Printing | Issue | ||
| 500 fils | |||||||
| 1 dinar | |||||||
| 5 dinars | |||||||
| 10 dinars | |||||||
| Preceded by: East African shilling Ratio: 1 dinar = 20 shillings = 1British pound | Currency ofSouth Yemen 1965 – 1990 | Succeeded by: Yemeni rial Reason: unification withNorth Yemen to formYemen Ratio: 1 dinar = 26 rials |