The currency of Yemen is the Rial which is divided into 100 Fils, however coins for Fils have not been issued since 1990. Due to the current situation in Yemen the value of the Yemeni Rial has fallen significantly since 2014.
Currency exchange in Yemen today is a very interesting topic, as different areas of the country have different exchange rates. The government-controlled areas (also known as the internationally recognised government IRG) in the south and east have continued to print notes and so the exchange rate has plummeted. The Houthis in the north of the country stopped accepting notes issued after 2017 and so the currency has been more stable here, although supply issues remain.
There can be at any one time a 50% difference in value between the Yemeni Rial in north and south Yemen.
The current rate of the Yemeni Rial in government-controlled areas is around 755 to USR 1, as of 28 October 2023.
The Yemeni Rial has denominations of 100, 200, 250, 500 and 1000. They vary in colour between the different denominations. Newer notes issued after 2017 are usually different colours to their older counterpart, and these notes are not accepted in Houthi controlled areas in the north such as Sana’a.
