Riyal Coin: Obverse View

The monetary unit of Saudi Arabia is Riyal. Each Saudi riyal is divided into 20 qurush or 100 halala. The Saudi Arabian Monetary Agency, established in 1952, has the exclusive authority to issue banknotes and coins in the kingdom. Historically, although various foreign gold, silver and bronze currencies were used, there was a higher preference for silver and copper (or, copper nickel) coins as they offered a multiplicity of denominations. Just after the capture of Riyadh by King Abdulaziz, a copper coin currency was issued for the Sultanate of Najd to gain control over capital in local markets as well as to unify the country. Money was seen as a powerful tool to regulate sovereignty and power. However, the One Qirsh, Half Qirsh and Quarter Qirsh copper coins only started bearing the new name of the State in 1356H. (1937G.) when they began to be minted using older Qirsh design and its subdivisions.

Belonging to the year 1937 (1356H.), this coin is made from copper-nickel and is now demonetized. The letterings inscribed on it are in Arabic language and script. It used to be a standard circulation coin.

The coin is 83 years old, and has belonged to the contributor for 8 years.

Specifications of the coin

Obverse