The exchange rate of the Yemeni riyal value compared to foreign currency in Aden and the Saudi-occupied southern and eastern provinces has continued to fall even more, hitting an absolute low of 1,685 riyals for one US dollar and 443.5 riyals for a Saudi riyal.
On the other hand, the Yemeni riyal exchange rate in Sana’a and the provinces under the control of the Supreme Political Council has remained stabilised at 530 riyals to the dollar and 140 riyals to the Saudi riyal.
While the Yemeni riyal is officially one singular currency, there are two operational Central Banks in Yemen due to the war. The Saudi-led puppet government in Aden operates a separate “Central Bank” in the city, while the original Central Bank in Sana’a still operates as well under the supervision of the National Salvation Government. This explains the major discrepancy in monetary value between the two parts of Yemen.
