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Asharq Al-Awsat
Asharq Al-Awsat
Business
Asharq Al-Awsat

SAMA Introduces Five Riyal Denomination Made of Polymer

The new five-riyal denomination announced by SAMA. (Screengrab from SAMA on Facebook)

The Saudi Arabian Monetary Authority (SAMA) announced on Sunday its plan to release a five-riyal denomination of the Saudi currency made of polymer during the era of the Custodian of the Two Holy Mosques King Salman bin Abdulaziz.

In a statement, SAMA explained that both the design and colors of the new polymer currency are similar to those of the cotton five-riyal paper currently in circulation.

The difference lies in techniques, technical specifications and security features for the new denomination.

SAMA announced that the initial quantity of the new denomination is going to be put into circulation by Monday, along with the five-riyal denomination currently in circulation.

The Authority confirmed that the new denomination was printed according to the latest standards in the field of polymer currency printing and incorporates many technical specifications and high-quality security features.

The design includes on one side a picture of King Salman and the Shaybah field in the Empty Quarter, in addition to the shape of the transparent window that contains motifs inspired by the logo of Saudi Vision 2030.

The back of the note includes a view of wildflowers from the Kingdom and the shape of the transparent window that contains motifs inspired by the logo of Saudi Vision 2030.

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