Pakistan, where the coins are now becoming obsolete, but in Saudi Arabia, in the first 6 months of this year, more than one billion Riyal coins have been transacted.
According to foreign media, the Saudi Central Bank ‘Sama’ has released data in this regard, which states that during the current year 2023, transactions of metal coins worth more than one billion riyals are going on in the local markets.
According to the report, the metal coins being traded in the local market were issued on December 26, 2016. Coins in Saudi Arabia are known as Halla, and in the sixth edition of Mazkurah, denominations of 1, 5, 10, 25, 50, 100 and 200 were issued.
According to the bank report, 1.08 billion Rial coins are in circulation in the market. Most of them are one Rial (100 Hillah). Their value is 604.94 million Riyals, while the second place is 289.96 million Riyals worth of two Riyal (200 Hullah) coins in the market, while the 50 Hullah coins are in circulation in the market worth 114.26 million Riyals.
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