Obverse. Photo © Stephan Album Rare Coins
  • 100 Dirhams 2013, KM# 112, United Arab Emirates, Khalifa, Banking Industry in the UAE, 40th Anniversary of the Central Bank of the UAE
  • 100 Dirhams 2013, KM# 112, United Arab Emirates, Khalifa, Banking Industry in the UAE, 40th Anniversary of the Central Bank of the UAE
Description

The Central Bank of the United Arab Emirates (CBUAE) is the national institution responsible for overseeing the country's currency, monetary policy, and the regulation of banking and insurance sectors. It succeeded the Currency Board, established on May 19, 1973, after the UAE became an independent state in 1971. The primary goal of the UAE Currency Board was to introduce a national currency, replacing the Qatari riyal and Bahraini dinar. The new UAE dirham was issued on the same day the Currency Board was founded.

Sheikh Khalifa bin Zayed Al Nahyan (1948–2022), the UAE's second president and ruler of Abu Dhabi from November 2004 to May 2022, was the eldest son of the UAE's first president, Zayed bin Sultan Al Nahyan. He took on a significant role in the late 1990s due to his father's health issues and officially became Abu Dhabi's leader in 2004. His tenure saw cultural and academic growth, including the Louvre Abu Dhabi and Etihad Airways. Under his leadership, the UAE became a major economic power. Known for his pro-Western stance, he strengthened ties with the US and Israel.

Obverse

Depicts a portrait of Sheikh Khalifa bin Zayed Al Nahyan facing right, wearing a traditional cloak and headpiece, denomination below the portrait within a circle surrounded by inscriptions in Arabic "His Highness Sheikh Khalifa bin Zayed Al Nahyan" above and "President of the United Arab Emirates" below.

The traditional men's headwear in some Middle Eastern areas consists of three components: a knitted skull-cap known as the "keffiyeh," (also referred to as a ghutrah, shemagh, or ḥaṭṭah) a large cotton headscarf, typically plain white or with a red-and-white checkered pattern, called the "ghutra," and a black cord named the "agal," which secures the ghutra in place.

صاحب السمو نائب رئيس الدولة
١٠٠ درهمـ
رئيس دولة الامارات العربية المتحدة

Reverse

Depicts the colored emblem of UAE (2008 - up to date) with Arabic inscriptions anniversary above and "Commemorative Coin" below within a circle, dates on both sides enclosed by inscriptions of the legend of the bank in Arabic above and anniversary in English below.

The emblem of the United Arab Emirates was officially adopted on December 9, 1973, and modified in 2008. It features a golden falcon (Hawk of Quraish) with a central disk displaying the UAE flag and seven stars, representing the federation's seven emirates. The falcon's seven tail feathers also symbolize the emirates. The falcon grasps a red parchment with the federation's name in Kufic script and a flag of UAE on its chest.

The flag of the United Arab Emirates contains the Pan-Arab colors red, green, white, and black. It was designed in 1971 by Abdullah Mohammed Al Maainah, who was 19 years old at that time, and was adopted on 2 December 1971 after winning a nationwide flag design contest. The main theme of the flag's four colors is the sovereignty and unity of the Arab states.

مصرف الامارات العربيّة المتحدة المركزي
الذكرى الأربعين
2013 1973
مسكوكة تذكارية
The 40th Anniversary
CENTRAL BANK OF THE UAE

Edge

100 Dirhams

Banking Industry in the UAE
40th Anniversary of the Central Bank of the UAE

Subscribe series
KM# 112
Characteristics
Type Commemorative Issue (Non-circulating)
Material Silver
Fineness 0.925
Weight 60 g
Diameter 60 mm
Thickness -
Shape round
Alignment Medal

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