New 50 Riyal Coin enters Circulation in Yemen, Central Bank Assures No monetary Expansion
Sana’a, Yemen – The Central Bank of Yemen in sanaa today announced the official circulation of a new 50 Riyal coin, beginning Sunday, Muharram 18, 1447 AH (July 13, 2025 AD). The introduction of the coin is a direct response to the widespread issue of damaged banknotes currently in circulation and aims to improve the overall quality of cash used throughout the country.
This move follows the earlier introduction of the 100 Riyal coin and represents a continued effort by the Central Bank to modernize yemen’s monetary structure. Officials emphasized that the new coin will not increase the overall monetary supply or impact existing exchange rates, addressing potential concerns about inflation or economic instability. The initiative primarily targets replacing worn and unusable 50 Riyal notes, offering a more durable alternative for everyday transactions.
According to an official statement received by the Saba news agency, the new currency has been designed and minted to the “highest technical and security specifications,” ensuring both its longevity and resistance to counterfeiting. The bank intends for the coin to directly substitute damaged 50 Riyal banknotes, avoiding any injection of new cash into the market.
To facilitate a smooth transition, the Central Bank has established exchange centers at its Sanaa headquarters and branches across Yemen’s governorates. Thes centers will allow citizens and relevant authorities to exchange damaged paper currency for the new 50 Riyal coin during regular business hours.
The central Bank concluded its statement by expressing gratitude to the Yemeni people for their continued trust, reaffirming its commitment to bolstering confidence in the national currency, maintaining monetary system stability, and safeguarding citizens’ savings. The bank pledged to continue implementing all necessary measures to support the national economy, acknowledging the ongoing challenges facing Yemen.
