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Description
Sheikh Jaber al-Ahmad al-Sabah (1926–2006) of the al-Sabah dynasty, was the Emir of Kuwait and Commander of the Military of Kuwait; serving from 31 December 1977 until his death. He had previously served as minister of finance and Economy from 1962 until 1965, when he was appointed prime minister prior to becoming Kuwait's ruler.
The Kuwaiti dinar (KWD), subdivided into 1,000 fulūs, serves as the official currency of Kuwait. Introduced in 1961 to replace the Gulf rupee, which was on par with the Indian rupee, the dinar initially held an equivalent value to £1 sterling, resulting in a conversion rate of Rs. 13+1⁄3 to KD 1. However, during Iraq's invasion of Kuwait in 1990, the Iraqi dinar temporarily replaced the Kuwaiti dinar, and extensive amounts of Kuwaiti banknotes were plundered by the invading forces. Following liberation, Kuwait reinstated its dinar as the national currency, alongside the introduction of a new banknote series. This allowed for the demonetization of previous notes, including those stolen during the invasion.
Obverse
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Depicts denomination in Arabic letters divided a refinery, the Residential Complexes above and Mina (harbor) Al Ahmadi below, inscription in Arabic with date in Gregorian above. ًذكرَى مُرور خَمسَة وعشرينَ عَاما |
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Reverse
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Depicts a standing peregrine falcon in front of the globe, dhow and the Sheikh Abdullah Al-Jabir Palace, the inscription with date in Gregorian above and denomination below in English within Islamic floral ornaments. The 25th |
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