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500 Riyals
| Issuer | Qatar Monetary Agency |
|---|---|
| Year | 1980-1989 |
| Type | Log in to see details |
| Value | 500 Riyals (500 QAR) |
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| Composition | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | هيئة النقد القطري خمسمائة ريال وزير المالية |
| Reverse description | Log in to see details |
| Reverse lettering | FIVE HUNDRED RIYALS THE QATAR MONETARY AGENCY |
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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.