Tuesday 13 January 2015

MY COLLECTION - ALBUM NO 8 - WEST ASIA - KUWAIT, MUSCAT & OMAN AND SAUDI ARABIA COINS









CHAPPIDI ABHIRATH REDDY
C/O COL GKS REDDY

Secunderabad - 500015


Currency of Kuwait.


          The dinar (Arabic: دينار, ISO 4217 code KWD) is the currency of Kuwait. It is sub-divided into 1,000 fils. The dinar was introduced in 1961 to replace the Gulf rupee. It was initially equivalent to one pound sterling. As the rupee was fixed at 1 shilling 6 pence, this resulted in a conversion rate of 13 1⁄3 rupees to the dinar. When Iraq invaded Kuwait in 1990, the Iraqi dinar replaced the Kuwaiti dinar as the currency and large quantities of banknotes were stolen by the invading forces. After liberation, the Kuwaiti dinar was restored as the country's currency and a new banknote series was introduced, allowing the previous notes, including those stolen, to be demonetized.


My Collection of Kuwait Coins






Five Fils - Kuwait - Brass - 1971






Ten Fils - Kuwait - Copper - 1979






Twenty Fils - Kuwait - Cupro Nickel - 1976




One Hundred Fils - Kuwait - Nickel - 1988



Muscat and Oman Currency


          The rial (Arabic: ريال‎, ISO 4217 code OMR) is the currency of Oman. It is divided into 1000 baisa (also written baiza, Arabic: بيسة). Before 1940, the Indian rupee and the Maria Theresa Thaler (known locally as the rial) were the main currencies circulating  Muscat and Oman, as the state was then known, with rupees circulating on the coast and Thaler in the interior. Maria Theresa Thaler were valued at 230 paisa, with 64 paisa equal to the rupee.

          In 1940, coins were introduced for use in Dhofar, followed, in 1946, by coins for use in Oman. Both coinages were denominated in baisa (equivalent to the paisa), with 200 baisa to the rial. The Indian rupee and, from 1959, the Gulf rupee continued to circulate.

          In 1970, the rial Saidi (not to be confused with Saudi riyal) was made the currency of Oman. It was equal to the British pound and replaced the Gulf rupee at a rate of approximately 21 rupees to the rial. The new rial was subdivided into 1000 baisa. The rial Omani replaced the rial Saidi at par in 1973. The currency name was altered due to the regime change in 1970 and the subsequent change of the country's name.
My Collection of  Muscat & Oman Coins






Quarter Anna - Muscat & Oman - Copper - SH 1315






Twenty Five Baisa - Muscat & Oman - Nickel - SH 1390






Twenty Five Baisa - Muscat & Oman - Nickel - SH 1390



Saudi Arabia Currency.


          The Saudi riyal (Arabic: ريال riyāl; ISO 4217 code: SAR) is the currency of Saudi Arabia. It is abbreviated as ر.س or SR (Saudi Riyal). It is subdivided into 100 Halalas (Arabic: هللة‎ Halalah). The Saudi Qirsh is 5 Halalas.

          The riyal has been the currency of Saudi Arabia since the country came into being and was the currency of Hejaz before Saudi Arabia was created. The name riyal ultimately derives from the Spanish real,[1] one of the primary currencies in the Mediterranean region during the Ottoman era. The Hejaz riyal was based on (though not equivalent to) the Ottoman 20 kuruş coin and was consequently divided into 20 Qirsh. However, although the Hejaz riyal was the same weight as the Ottoman 20 kuruş, it was minted in .917 fineness, compared to .830 fineness for the Ottoman coin. Thus, because the first Saudi riyal had the same specifications as the Hejaz riyal and circulated alongside Ottoman coins, it came to be worth 22 Ottoman kuruş and was consequently subdivided into 22 ghirsh when coins denominated in Qirsh were issued from 1925. This remained the system of currency even though the riyal was subsequently debased to a coin equivalent in silver content to the Indian rupee in 1935.

          In 1960, the system was changed to 20 Qirsh = 1 riyal and this was followed in 1963 by the introduction of the halala, worth one hundredth of a riyal. Some Saudi coins still bear denominations in Qirsh but this denomination is no longer commonly used.
My Collection of Saudi Arabia Coins.
 Half Ghirsh - Saudi Arabia - Cupro Nickel - AH 1356






One Ghirsh - Saudi Arabia - Cupro Nickel - AH 1976






Two Ghirsh - Saudi Arabia - Cupro Nickel - AH 1979






Four Ghirsh - Saudi Arabia - Cupro Nickel - AH 1376






25 Halala - Saudi Arabia - Nickel - AH 1397






Fifty Halala - Saudi Arabia - Nickel - AH 1408






One Hundred Halala - Saudi Arabia - Nickel - AH 1397






1 Rial - Saudi Arabia - Nickel - AD 1935









Note - Some of the images of coins in my collection, have been taken from the Gallery to the extent available, to save on time & effort involved in photography & editing.

No comments:

Post a Comment