The Saudi riyal is the official currency of Saudi Arabia since the country’s creation; it is one of the first currencies in the Mediterranean region during the Ottoman era. In 1961 the Saudi Arabian Monetary Agency (SAMA) introduced notes in denominations of 1, 5, 10, 50 and 100 riyals, followed by the 500 riyal in 1983, 20 and 200 riyal in 2000. In 2007, the Saudi Arabian Monetary Agency announced a new series of banknotes in denominations of 5, 10, 50, 100 and 500. In 2016, The newly appointed Monetary Authority of Saudi Arabia issued a new family of banknotes with environmentally friendly materials and security features.
The 50 Saudi riyal note front design features the portrait of Abdullah bin Abdulaziz Al Saud (1924 – 2015), who was King of Saudi Arabia from 2005 to 2007 and the Dome of the Rock in Jerusalem. The lettering is presented in the Arabic language. The reverse of the note illustrates the Al-Aqsa Mosque, located in the Old City of Jerusalem and the National Emblem (consists of two crossed swords with a palm tree on top). The lettering is presented in the English language. This note is part of the 2007 – 2012 series, and its color is black, green and yellow on a multicolor underprint.
Text: Saudi Arabian Monetary Agency, 1379/7/1 Royal Decree No, The ruler, Minister of Finance, 50 riyals, 50.