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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
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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. صاحب السمو نائب رئيس الدولة |
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Reverse
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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. مصرف الامارات العربيّة المتحدة المركزي |
Edge |
100 Dirhams
Banking Industry in the UAE
40th Anniversary of the Central Bank of the UAE
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KM# 112
Banking Industry in the UAE
40th Anniversary of the Central Bank of the UAE