Yemeni Houthi coin of 2024

[<k>]

Obverse and  reverse of the new coin.




Left: existing Yemeni coin.

Right: New 100 riyal coin of 2024.

Houthis' new coin reveals economic pressures on rebels

The creation of a new coin by Yemen's Houthi rebels is a sign the group is suffering financial pressure as it carries out attacks on Red Sea shipping, a top US official said on Wednesday.

Tim Lenderking, the US envoy to Yemen, said the move "shows economic pressure that the Houthis are facing".

He told a press conference that Houthi attacks on vessels in the key waterway were putting international shipping under pressure and harming the economy of Yemen and the wider region.

Yemen's economy is split into two areas, one held by the internationally recognised government in the southern city of Aden and the other in Sanaa, controlled by the Iran-backed rebels.

On Sunday, the Houthis announced the production of a 100-riyal coin to replace damaged 100-riyal banknotes issued by the Sanaa-based central bank.

The central bank in Aden described the move as escalatory and the currency as "illegal".

"The Houthi militia will be held accountable for this irresponsible escalation, as well as the resulting complexity and uncertainty in people's transactions with financial and banking institutions," it said in a statement.

[<k>]

Dar al hajar.

By Dar_al_hajar.jpg: Antti Salonenderivative work: MrPanyGoff - Dar_al_hajar.jpg,

CC BY-SA 3.0, https://commons.wikimedia.org/w/index.php?curid=14894185

From Wikpedia:

The Dar al-Hajar ("Stone House" or "Rock Palace") is a former royal palace located in Wadi Dhar about 15 kilometres (9.3 mi) from Sana'a, Yemen. Built in the 1920s as the summer retreat of Yahya Muhammad Hamid ed-Din, ruler of Yemen from 1904 to 1948, it sits on top of a structure built in 1786 for the scholar al-Imam Mansour. The palace stayed in the royal family until the Yemen revolution of 1962. The palace is now a museum.

[eurocoin]

Supplied in rolls.

[quaziright]

This would be a lovely piece to have as a window on geo politics. I will certainly make an exception to my rule of not collecting anything post 2020 for this specific coin

[NewHikaru089]

Just like East Libya that "issued" a 1 dinar coin that was not recognized by the Central Bank of Libya in Tripoli, this coin once again shows the split between two rival governments, one controlled by the so-called Houti rebels that seized the capital of Sana'a and one led by the internationally recognized government in Aden.