Salamati Dinar

Salamati Dinar

دينار سلاماتي
ISO 4217
Unit
Plural	Dinara
Symbol	₫‎
Denominations
Subunit
1/100	Bini
Plural
Bini	Binat
Symbol
Bini	¢
Banknotes
Freq. used	₫200, ₫500, ₫1000, ₫2000, ₫5000, ₫10000
Rarely used	₫10, ₫50, ₫100
Coins
Freq. used	₫5, ₫10, ₫20, ₫50, ₫100, ₫200
Rarely used	10¢, 20¢, 1/4₫, 50¢, 1/2₫, ₫1, ₫2
Demographics
Date of introduction	26 May 1970
User(s)	Salamat
Issuance
Central bank	Central Bank of Salamat
Website	cbanksalamat.sl

The dinar (Arabic : دينار, currency symbol : SD, ISO 4217 code : SLD) is the monetary currency of Salamat and it is subdivided into 100 binat. Binat are now obsolete due to their extremely low value.

History

The Salamati Dinar was introduced on May 26 1970, replacing the Riamese hull which was the currency of Salamat for more than 140 years.

Coins

In 1970, the the coin denominations of 10 binat, 20 binat, 50 binat, 1 dinar, 2 dinara, 5 dinara and 10 dinara were introduced, with the 10 binat, 20 binat and 50 binat coins being struck in aluminium, 1 dinar and 2 dinara coins in cupronickel and 5 and 10 dinara coins in aluminium bronze. The obverse showed the value in both Standard arabic numerals and East arabic numerals, and the reverse showed the coat of arms of Salamat and the date of minting in Gregorian year and Hijri year. A second series was introduced in 1981, with new fractioned dinar coins in aluminum , and a new aluminium bronze 20 dinara coin. The 10 binat, 20 binat and 50 binat became obsolete. A third series was introduced in 1988, following the failure of Al Kharrabi's economic plan which brought economic stagnation and inflation, with new 1 dinar, 2 dinara, 5 dinara, 10 dinara, 20 dinara, 50 dinara and 100 dinara coins. The goverment introduced a bimetallic 200 dinara coin in 1991 due to demand and the binat were deemed obsolete in 1992.

Coins in general circulation are 5 dinara coins and higher. Lower value coins (10 binat, 20 binat, 50 binat minted between 1970 and 1981, 1/4 dinar and 1/2 dinar minted between 1981 and 1988 and 1 dinar and 2 dinara coins minted between 1970 and 2000) are deemed obsolete by the government, and these coins aren't accepted for transactions (except rare cases). All prices are rounded to the nearest 5 dinara.

Banknotes

The first series of banknotes issued in 1970 contained banknotes in denominations of 10, 50, 100 and 200 dinara. 500, 1000 and 2000 dinara banknotes were added in the second series in 1981, 5000 dinara banknotes in the third series of 1988 and 10000 dinara banknotes in 2000 as a part of the fourth series.

First series
Image		Value	Main Colour	Description		Date of
Obverse	Reverse			Obverse	Reverse	printing	issue
		10 SD	Blue	Ferry	Hani lighthouse	12 February 1970
		50 SD	Orange	Beach	Farmers in mountainous area	14 January 1970
		100 SD	Purple	Tractor	Cornucopia	24 October 1969
		200 SD	Red	Mosque	Abd Al Fattah Al Salimat	4 December 1969
Second series
		50 SD	Red	Berber Village	Salamati Destroyer	23 February 1980
		100 SD	Green	Ancient Jewish Synagogue of Al Khalma, Ramzuzi Province	Flowers in a field	13 March 1980
		200 SD	Orange	Decorative Quranic motifs and symbols, mosque, olive and fig branches	Traditional Quranic school and Kalam	18 May 1980
		500 SD	Pink and red	Globe, Salamsat-1 (Salamat's first communication's satellite)	Satellite dishes in the savannah	1 July 1980
		1000 SD	Blue	Prehistoric paintings (maybe from Hazuz cave?)	Solar Eclipse	29 June 1980
		2000 SD	Blue and Red	Grand mosque of Dar Al Hamma	Jalil Al Kharrabi's portrait	14 September 1980
		2000 SD	Purple and green	Globe, Salamsat-1 in space, Moon and the inscription "سلامات أفضل بلد!" (Salamat is the best country!) at the bottom.	Wheat fields, Oued Hamma, smiling farmers	20 April 1980
Third series
		100 SD	Green	Bonfire in a forest, three men around the fire	Rai singer in a studio	20 August 1987
		100 SD	Blue and red	Shooting of a Riamese admiral	Value	16 September 1987
		200 SD	Pink	Mountains and a rising sun	Farmer in a tractor	28 July 1987
		500 SD	Yellow	Salamati Army in action	Airplane taking off	24 September 1987
		1000 SD	Brown	View of Dar Al Hamma	Palm trees and sea	1 September 1987
		2000 SD	Orange	Masses of Salamat	A man reading the Salamati Constitution	15 October 1987
		5000 SD	Yellow and green	Portrait of Jalil Al Kharrabi smiling	Oil wells and workers in a mine	4 September 1987
Fourth series
		200 SD	Blue	View of Sidi Ghalmat	Sunset on a beach	12 May 1999
		200 SD	Pink and brown	Al Wiqumi waterfalls	Wheat fields	4 July 1999
		500 SD	Red	Man reading the Qur'an	Mosque	6 August 1999
		1000 SD	Orange and green	Rocket launch	Factories in the Dar Al Hamma Eastern Industrial Zone	10 November 1999
		1000 SD	Orange and pink	Hayyum sea resort	2 berber women holding corn in their hands	15 September 1999
		2000 SD	Green	Port of Hani	Market with fishes and fruits	4 November 1999
		5000 SD	Purple	4 scientists observing something in a microscope, double helix, outline of Salamat	Palm trees, satellite eclipsing the Sun and a smiling woman	22 October 1999
		10000 SD	Pink	Revolutionary fighters of the Salamati Independence War ; Jalal Ahmed, Ali Al Mahlumi, Salim Abu Sajid, Mohammed Al Khariji, Ryad Filani, Fares Jadidin, Majid Muhammad	Great Mosque of Dar Al Hamma and the Monument for the Martyrs of Independence in the background	1 October 1999

Note : Most of the banknotes featuring the portraits of Jalil Al Kharrabi were removed from the circulation and replaced by brand new banknotes.

Exchange rate

May 30 1970 : 1 ACU = 2.59 SD
June 13 1983 : 1 ACU = 12.04 SD
March 29 1990 : 1 ACU = 56.67 SD
October 18 1998 : 1 ACU = 98.84 SD
September 20 2005 : 1 ACU = 124.12 SD
May 11 2014 : 1 ACU = 157.98 SD
November 27 2018 : 1 ACU = 179.25 SD
Now : 1 Salamati Dinar = 0.0053 ACU and 1 ACU = 188.6 Salamati Dinara.