The Saudi Arabian Monetary Authority has revealed the designs of the sixth issue of national banknotes and coins named “Confidence in Security”.
The following video from the Saudi Arabian Monetary Authority (SAMA) is available from its website and its YouTube channel, introduces the designs of the new family of banknotes.
Notably, the 1 riyal banknote last issued in 2007 has now been coined. Banknotes from the sixth series consist of the 500, 100, 50, 10 and 5 riyal denominations, and coins are available in 1 and 2 riyals as well as the 50, 25, 10, 5 and halalas.
The video shows the use of what appears to be SICPA’s SPARK® Live ink features and Crane Currency‘s MOTION® security thread on the top three banknote denominations. Other security features include iridescent ink, watermarks and holographic foils.
The Central Bank used to be called the Saudi Arabian Monetary Agency, but announced on the 4 December 2016 that it would instead be called the Saudi Arabian Monetary Authority.