The Saudi Monetary Agency launches a new 20 riyal banknote

The Saudi Monetary Agency launches a new 20 riyal banknote
The Saudi Monetary Agency launches a new 20 riyal banknote
, United Arab Emirates (CNN) – The Saudi Monetary Agency, “SAMA”, announced its decision to launch a new 20-riyal paper currency on the occasion of the Kingdom of Saudi Arabia’s presidency of the G20 summit.

According to a statement by the Saudi Press Agency, the new denomination of currency will be introduced and circulated in the Kingdom starting today, Sunday, October 25.

The design of the new banknote is characterized by a purple color, as well as decorated with decorations inspired by the logo of the G20 summit, in addition to the image of the Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud, and the logo of the Kingdom’s Presidency of the G20 in a three-dimensional manner.

The world map also appears on the banknote, among which the G-20 countries emerged in a different color, as well as a map of Saudi Arabia, from which a ray of emblem symbolizing the location of the meeting place of countries.

In early October, the Monetary Agency launched a new 5-riyal currency made of a plastic polymer material. The polymer material is safer and more efficient, as it follows a production process that is more environmentally friendly compared to the paper money that is usually shredded and transported to the landfill site at the end of its cycle, while the polymer papers that are withdrawn from circulation are torn apart and turned into pellets for use in the manufacture of Everyday plastic items like garden furniture.

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