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500 Riyals

Issuer Qatar Monetary Agency
Year 1980-1989
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Printer Thomas De La Rue & Company, London, United Kingdom
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Obverse description Central vignette carries the Arabic denomination text and the issuer name in Arabic script against an elaborate guilloche underprint in shades of red, green, and purple. The state arms of Qatar — a dhow and palm trees within a circular cartouche — appear at right, while the denomination numeral 500 is rendered in large Arabic-Indic figures at left. Serial numbers appear twice in both Arabic-Indic and Western numerals, and a single intaglio signature line is printed below the central inscription.
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Protection description Falcon's head watermark
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Comments

The Qatar Monetary Agency was itself a transitional institution — established in 1973 after Qatar's withdrawal from the Qatar and Dubai Currency Board, and eventually replaced by the Qatar Central Bank in 1993. This 500 Riyal note was issued during the years when Qatar was aggressively building monetary infrastructure on the back of petroleum revenues, and the high denomination reflects the practical demands of a cash economy handling very large commercial transactions.

Thomas De La Rue had printed Qatari currency since the earliest post-independence issues, and the P#12 series continued that unbroken relationship. At 500 Riyals, this was the highest denomination in the QMA's final series before the transition to central bank authority.

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