1 Riyal / 100 Halalah - Fahd Kingdom

Saudi Arabia's shift to bimetallic coinage in the 1990s reflected SAMA's response to chronic counterfeiting of the single-metal riyal, a problem severe enough in the Gulf region that neighboring states faced similar pressures around the same period. The 1 riyal denomination had seen particularly aggressive duplication in lower-quality alloys throughout the preceding decade.

KM#67 was struck under the authority of King Fahd, who by 1999 had suffered a debilitating stroke four years earlier, leaving day-to-day governance largely with Crown Prince Abdullah.