Search results
Results from the WOW.Com Content Network
The value of the Yemeni rial against the United States dollar dropped significantly, compared to 12.01 rials per dollar in the early 1990s. Since the mid-1990s, the Yemeni rial has been freely convertible. Though it dropped from YRls 20 to approximately YRls 215 against the US dollar since then, the rial was stable for several years.
Saudi Arabia, [d] officially the Kingdom of Saudi Arabia (KSA), [e] is a country in West Asia.Located in the centre of the Middle East, it covers the bulk of the Arabian Peninsula and has a land area of about 2,150,000 km 2 (830,000 sq mi), making it the fifth-largest country in Asia, the largest in the Middle East, and the 12th-largest in the world. [14]
Location of Saudi Arabia. Saudi Arabia is a sovereign Arab state in Western Asia constituting the bulk of the Arabian Peninsula.The country's command economy is petroleum-based but slowly diversifying; in 2017 58% of budget revenues and 85% of export earnings came from the oil industry.
Qatari riyal (lower value) Saudi riyal (lower value) Sierra Leonean leone (lower value) Trinidad and Tobago dollar (lower value) United Arab Emirates dirham (lower value) Yemeni rial (lower value) Currencies formerly with pegs (incomplete list) Argentine austral (1985–1991: fluctuating peg to USD) [94] Argentine peso (1991–2002: 1/USD) [94]
In 1997, Syrian exports to Saudi Arabia included mostly livestock, fruits, vegetables, textiles and furniture of which overall cost was over 602 million Riyals. [78] Major items exported by Saudi Arabia to Syria were crude oil and its by products, plant oil and dates, and the 1997 cost of them was nearly 262 million Riyals. [ 78 ]
In 1945, the rial was pegged to the U.S. dollar at USD 1 = Rls 32.25. The rate was US$1 = Rls 75.75 in 1957. Iran did not follow the dollar's currency devaluation in 1973, leading to a new peg of USD 1 = Rls 68.725. The dollar peg was dropped in 1975. [citation needed] In 1979, Rls 70 equalled USD 1.
On September 18, 1966, the Qatar & Dubai Currency Board introduced notes for 1, 5, 10, 25, 50, and 100 riyals. These were replaced on 19 May 1973 by notes of the Qatar Monetary Agency in denominations of 1, 5, 10, 100, and 500 riyals; a 50 riyal note was issued in 1976. The Qatar Central Bank was established by decree 15 on 5 August 1973.