Loading...

New Circulating Coins of Saudi Arabia

2017-04-25 Tue

A new series of circulating coins, including a new 2-riyal denomination, was released by Saudi Arabia on 13th December 2016. These coins now available for collectors in the USA through a dealer. With this new series, production of 1-riyal bank notes ended in Saudi Arabia.

The new coins are smaller and lighter than the older ones. Unlike the older coins, which were silver or nickel in colour, these new coins have variations in metallic colours and compositions. Experts state that the heavier coins were not popular which led to lower circulation.

The denomination in English is featured on the reverse. The obverse of halala coins features Saudi Arabia’s national emblem, the King’s Title ‘the Custodian of the Two Holy Mosques’ in Arabic, a plant motif, The king’s name Salman bin Abdulaziz Al Saud in Arabic, Hijri year (1438) and Gregorian year (2016). The obverse of the two ringed-bimetallic coins features a portrait of King Abdulaziz Al Saud, with his name and the kingdom’s plant motif.