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1 Riyal - Su'ūd

Issuer Kingdom of Saudi Arabia
Year 1955
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Currency Riyal (1925-1960)
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Obverse script Arabic
Obverse lettering ملك المملكة العربية السعودية سعود بن عبد العزيز آل سعود
(Translation: King of the Kingdom of Saudi Arabia Sa'ud bin 'Abd al-'Aziz Al Sa'ud)
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Additional information

Sa'ud bin Abdulaziz ascended to the throne in November 1953 following his father Ibn Saud's death, and this issue reflects the early years of a reign that would prove financially turbulent. Sa'ud's chronic overspending nearly bankrupted the kingdom by the early 1960s, forcing a transfer of executive power to Crown Prince Faisal in 1958. The high silver fineness — .917, matching British sterling standard — was a deliberate continuation of the monetary policy established under Ibn Saud to maintain credibility with Gulf trading partners skeptical of the nascent Saudi monetary system.

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