50 Fils / 1 Dirham

The South Arabian Currency Authority existed for barely four years. It was established in 1964 as Britain prepared to withdraw from Aden and the surrounding Protectorates, issuing this coinage as part of a short-lived attempt to give the Federation of South Arabia a functioning monetary identity before independence. The political situation collapsed entirely — rival nationalist factions, British military withdrawal in 1967, and the eventual Marxist takeover that created the People's Democratic Republic of Yemen rendered the entire series obsolete almost immediately after striking.

The dual denomination — 50 Fils on one face, 1 Dirham on the other — reflects the transitional monetary framework the Authority was trying to bridge.