SAMA launches SR20 banknote marking Saudi Arabia’s G20 presidency

  • 10/24/2020
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RIYADH — The Saudi Arabian Monetary Authority (SAMA) will be releasing a SR20 banknote, marking the occasion of Saudi presidency of the G20 summit, during the reign of Custodian of the Two Holy Mosques King Salman (may Allah protect him). The issue is based on Article (4) of the Saudi Monetary System issued by Royal Decree No. 6 on 1/7/1379 AH. SAMA indicated that the SR20 commemorative banknote is going to be put into circulation by Sunday 8/3/1442 AH, corresponding to Oct. 25, 2020, together with the other current banknotes as an official legal banknote. SAMA confirmed that this banknote was printed according to the latest standards in the field of banknote printing. It is characterized by many technical specifications, high-quality security features, and a distinctive design in purple color that highlights the artistic decorations inspired by the logo of G20. SAMA also indicated that the design of the SR20 banknote carries the picture of the Custodian of the Two Holy Mosques King Salman on the front side of the banknote with a slogan of Saudi Presidency of G20 in 3D design. The back of the banknote carries a map of the world, depicting the G20 countries in a different color. Notably, Saudi Arabia’s map appears with emanated beams symbolizing the meeting venue of countries and the importance of the Kingdom as a source of civilization and economic emission.

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