{"id":1837,"date":"2018-05-24T09:11:50","date_gmt":"2018-05-24T09:11:50","guid":{"rendered":""},"modified":"2018-05-24T09:11:50","modified_gmt":"2018-05-24T09:11:50","slug":"say-goodbye-to-the-1-riyal-banknote-as-sama-plans-to-replace-it-from-this-thursday","status":"publish","type":"post","link":"https:\/\/lovin.co\/riyadh\/en\/news\/say-goodbye-to-the-1-riyal-banknote-as-sama-plans-to-replace-it-from-this-thursday\/","title":{"rendered":"Say Goodbye To The 1 Riyal Banknote As SAMA Plans To Replace It From This Thursday"},"content":{"rendered":"

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The SAR1 note that we’ve all gotten accustomed to will be bidding adieu this Thursday, according to Saudi Gazette.\u00a0<\/a><\/em>The one-riyal note will be soon be replaced with the one-riyal coins.\u00a0<\/p>\n

The Saudi Arabian Monetary Authority (SAMA) announced the news on Wednesday from their official\u00a0website. It is said that the SAR1 banknote takes up ‘49% of the volume of traded cash because it’s mostly dealt with people and rarely deposited into banks’.\u00a0<\/p>\n

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