Saudi riyal Saudi riyal The Saudi riyal ( ""); is the currency of Saudi Arabia. It is abbreviated as 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, one of the primary currencies in the Mediterranean region during the Ottoman era. The Hejaz riyal was based on but 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
Libyan pound and 10 piastres, ¼, ½, 1, 5 and 10 pounds. In 1959, the National Bank of Libya took over the issuance of paper money with denominations of ½, 1, 5 and 10 pounds. In 1963, the Bank of Libya took over from the National Bank and issued notes in the same denominations. Libyan pound The Libyan pound (Arabic جنيه, "junieh") was the currency of Libya between 1951 and 1971. The pound was divided into 100 piastres (قرش, qirsh) and 1000 milliemes (مليم). When Libya was a part of the Ottoman Empire, the country used the Ottoman qirsh (XOTP), issuing some