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Home Business Banking & Finance

Saudi Arabia issues Ghs 7 equivalent note

5 years ago
in Banking & Finance, Editor's pick, highlights, Home, home-news, latest News
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Saudi Arabia's new 5 riyal - norvanreports

Saudi Arabia's new 5 riyal - norvanreports

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The Saudi Arabian Monetary Authority (SAMA) announced on Sunday that it had issued a new five-riyal polymer banknote – the new banknote is equivalent to Ghs 7.72

SAMA said the introduction of the new currency note is a step towards developing the new national currency.  

The new five-riyal note comes with security technologies and materials that make it safe and more environmentally friendly.

نحو خطوة جديدة لتطوير العملة الوطنية، أصدرت #مؤسسة_النقد فئة الخمسة ريالات الجديدة والمصنوعة من مادة البوليمر.#عملة_البوليمر#SAMA pic.twitter.com/6fmAWrG5d8

— SAMA | مؤسسة النقد العربي السعودي (@SAMA_GOV) October 4, 2020

The note made from Saudi petrochemical materials can withstand different conditions, such as different temperatures and moisture, and cannot also be damaged when folded.

It is also resistant to dirt.

Tags: 5 riyalSAMASaudi Arabia
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