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20 Buqshas

Issuer Yemen Arab Republic Currency Board
Year 1966
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Value 20 Buqshas (1/2)
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Reverse lettering ARAB REPUBLIC OF YEMEN
TWENTY BUQSHAS
20
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Protection type Watermark
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Comments

The Yemen Arab Republic was barely three years old when this note was printed. The Currency Board — rather than a full central bank — was the issuing authority by design: the new republic lacked the institutional infrastructure for a proper central bank and relied on transitional frameworks to establish basic monetary operations. Bradbury Wilkinson produced the series at their New Malden facility, a logical choice given the firm's long history supplying notes to newly independent states across the Middle East and Africa.

The buqsha subdivision, equal to one-fortieth of a riyal, disappeared from circulation well before unification in 1990. Low-denomination paper buqsha notes were never popular in trade and largely vanished through attrition.