FREE: Saudi Riyals (3) notes

The listing, Saudi Riyals (3) notes has ended.

3 banknotes from saudi arabia

10 riyals note
1 riyals note
1 riyals note

In 1953, the Saudi Arabian Monetary Agency (SAMA) began issuing Haj Pilgrim Receipts for 10 riyals [1], with 1 and 5 riyals following in 1954 and 1956, respectively. These resembled banknotes and were initially intended for use by pilgrims who exchanged foreign currency for them. However, they became widely accepted in Saudi Arabia and largely replaced silver riyal coins in major financial transactions. Consequently, the Monetary Agency began issuing regular banknotes for 1, 5, 10, 50 and 100 riyal in 1961, with the Pilgrim Receipts being demonetized in 1964.

500 Riyal notes were introduced in 1983. 20 and 200 riyal banknotes were issued in 2000 to commemorate the centenary of the founding of what became the Kingdom of Saudi Arabia.

SAMA has announced that a new series of banknotes bearing the face of King Abdullah will be issued starting in April, 2007.

Great collectible foreign currency