The official currency of Yemen is the Yemeni rial. Formally, it is subdivided into 100 fils, although no coin with a similar denomination has ever been issued into circulation. After the unification of the Yemen Arab Republic and the People's Democratic Republic of Yemen in 1990, both the North Yemen rial and the South Yemen dinar remained in circulation throughout the country, equivalent to 26 dinars per 1 rial, and in 1993 the first new coins were issued. In 1996, the dinar was withdrawn from circulation and the rial became the country's only currency, and the old banknotes were gradually replaced by new ones.
Currently in circulation there are coins of 1, 5, 10 and 20 rials.