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 | |||||||
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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 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 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.