Switch .com Best Exchange Rates .com Best Exchange Rates .com Best Exchange Rates
    eg: USDCAD, GBP/EUR, AUD to USD, 500 Pound to Yen, 15K Dollar Peso, Send Japan
    Flag of Yemen

    Currency in Yemen

    A practical currency and money guide to travel, living and doing business in Yemen and the Yemeni rial (YER).

     

    What currency is used in Yemen?

    The official currency of Yemen (country code: YE) is the Yemeni rial, with symbol and currency code YER.

    Things to know about the Yemeni rial

    Here are some things you might want to know about the Yemeni rial:

    1. The Yemeni rial is the official currency of Yemen. It is represented by the symbol "﷼" and is abbreviated as YER.
    2. The rial has been the currency of Yemen since 1990, when it replaced the Yemeni dinar.
    3. The value of the rial has fluctuated over time, due to factors such as inflation and economic instability in the country.
    4. The physical currency consists of coins and banknotes. The coins come in denominations of 1, 5, 10, and 20 rials. The banknotes come in denominations of 50 rials, 100 rials, 200 rials, 500 rials, and 1,000 rials.
    5. The banknotes feature images of famous Yemeni historical figures, such as Ali Abdullah Saleh and Ahmad bin Yahya. The design of the currency is constantly being updated, so the physical appearance of the coins and banknotes may vary slightly over time.

    Travel Ideas and Money Tips for Yemen

    Today, travellers do not have the privilege of visiting, as the country is in crisis, with civil war taking a desperate toll on most of the population. Needless to say, it is not safe to travel there. Yemen is a difficult country to get around, but the rewards for the persevering visitor are an unforgettable experience, populated with very friendly and open hosts. Despite being adjacent to Saudi Arabia and on the same peninsula as the United Arab Emirates, Yemen is definitely a place apart. However, the country is embroiled in civil war and the situation on the ground continues to deteriorate.

    The impressive grand mosques that grace each Peninsula capital city are often open to non-Muslims. A mosque tour can be inspirational in terms of cultural insights.

    Is it safe to travel in Yemen?

    Anyone entering the country should try to keep up-to-date on the exact security situation of their intended destinations and be prepared to change plans if the situation mandates it. Terrorist groups continue to plot and conduct attacks in Yemen and may attack with little or no warning, targeting tourist locations, transportation hubs, markets/shopping malls, and local government facilities.

    Gay and Lesbian visitors are unlikely to encounter outright prejudice or harassment so long as they remain discreet. However, this may well change if you become involved with a local. Room sharing is generally not a problem (it will be assumed you're economising). The public consumption of alcohol is punishable under Islamic law in Yemen. Tap water should be avoided. To stay safe, it is recommended to stick to the bottled variety.

    ATMs are rare in Yemen, if you want to find one you will want to look in the large cities as you there are almost none outside of them.

     

     

    Expat Money & Business Guide to Yemen

     

    Managing your finances in Yemen

    Here we list some key points for expats and businesses to consider when managing financial dealings in Yemen:

    1. Understand Yemeni rial currency exchange rates: Exchange rates can have a big impact on your finances, so it is important to keep an eye on the YER exchange rate and consider using a currency exchange service or a credit card that does not charge foreign transaction fees to get the best exchange rate.

    2. Use a local Yemeni rial bank account: A local YER bank account can make it easier for you to manage your finances and pay bills while you are in Yemen. It may also be more convenient to use a local YER bank account to make purchases and withdraw cash.

    3. Research local laws and regulations: It is important to understand the local laws and regulations that apply to financial transactions in Yemen. This can help you avoid legal issues and ensure that you are complying with local requirements.

    4. Consider the tax implications: It is important to understand the tax implications of living or doing business in Yemen. This can help you plan your finances and ensure that you are paying the correct amount of tax.

    5. Seek financial advice: If you are unsure of how to manage your finances in Yemen, it is a good idea to seek the advice of a financial professional who is familiar with the local financial system. This can help you make informed decisions and avoid financial pitfalls.

     

    USD/YER – Market Data

    The exchange rate of Yemeni rial (YER), or the amount of YER that can be exchanged for a foreign currency, can fluctuate rapidly based on a number of factors, including economic conditions, interest rates, and political events. Below you can check the latest USD/YER rate plus recent trend, chart, and historic rates.

    1 USD = 250.30 YER
    Sell USD  →  Buy YER
    USD to YER at 250.3 is near its 3-month average of 250.3, having fluctuated within a 0.1% range of 250.1-250.4
    |
     
    USDYER :
    90-DAYHIGH
     

    DateUSD/YERChangePeriod
    15 Mar 2023
    250.35
    0% 2 Week
    29 Dec 2022
    250.25
    0% 3 Month
    29 Mar 2022
    250.25
    0% 1 Year
    30 Mar 2018
    250.30
    no change5 Year
    31 Mar 2013
    214.80
    16.5% 10 Year
    03 Apr 2003
    183.36
    36.5% 20 Year
    USD/YER historic rates & change to 29-Mar-2023

     

    Compare Yemeni rial Exchange Rates & Fees

    The below comparison table makes it easy to find the best exchange rates and lowest fees when you want to make an International Money Transfer to Yemen or planning a trip or maybe living there, so will need to exchange and spend Yemeni rial.

    Loading comparison rates...

    ProviderAmountsRateTotal Cost
       
       
       
       
     

    It is important to note that the exchange rate of the Yemeni rial can change rapidly and that past performance is not necessarily indicative of future performance. It is advisable to carefully consider the risks and factors that may affect YER exchange rates before making any financial decisions.

     

     

     

     

    Where do you want to Save Sending Money?