Obverse. Photo © Central Bank of the UAE
  • 1000 Dirhams 2003, X# M9, United Arab Emirates, Zayed, Banking Industry in the UAE, 30th Anniversary of the Central Bank of the UAE
  • 1000 Dirhams 2003, X# M9, United Arab Emirates, Zayed, Banking Industry in the UAE, 30th Anniversary of the Central Bank of the UAE
Description

The Central Bank of the United Arab Emirates (CBUAE) is the state institution responsible for managing the country's currency, monetary policy, and banking and insurance regulation. It succeeded the Currency Board, which was established on May 19, 1973, following the creation of the UAE as an independent state in 1971. The UAE Currency Board's initial purpose was to issue an independent currency, replacing the Qatari riyal and Bahraini dinar. The new UAE dirham entered circulation on the same day the Currency Board was established.

Sheikh Zayed bin Sultan Al Nahyan (1918–2004) was an Emirati leader, credited with founding the United Arab Emirates. He governed the Eastern Region before becoming Abu Dhabi's ruler in 1966 and later the UAE's first president until his passing in 2004. Revered as the "Father of the Nation," he played a pivotal role in uniting the seven emirates. Zayed succeeded his brother as Abu Dhabi's ruler after a peaceful coup in 1966.

Obverse

Depicts a portrait of Sheikh Zayed bin Sultan al-Nahyan facing right, wearing a traditional cloak and headpiece, the anniversary below portrait in Arabic enclosed by inscriptions in Arabic "His Highness President of the State" above and "The 30th Anniversary of Central Bank of the UAE" below in Arabic.

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 رئيس الدولة
١٩٧٣ ٢٠٠٣
الذكرى الثلاثون
مصرف الإمارات العربية المتحدة المركزي

Reverse

Depicts a portrait of Sheikh Maktoum bin Rashid Al Maktoum facing right, wearing a traditional cloak and headpiece, the anniversary below portrait in English dividing dates of establishment, and issue in English enclosed by inscriptions "His Highness Vice President of the State" above and of the event in English.

Sheikh Maktoum bin Rashid Al Maktoum (1943–2006) was an Emirati royal and politician who served as the second vice president, first and third prime minister of the United Arab Emirates, and the ruler of Dubai. He was prime minister from 1971 to 1979 and again from 1990 to 2006, simultaneously serving as the ruler of Dubai from 1990 until his death in 2006. After his passing, his brother Sheikh Mohammed succeeded him as the ruler of Dubai.

صاحب السمو نائب رئيس الدولة
2003 1973
THE 30th ANNIVERSARY
CENTRAL BANK OF THE UNITED ARAB EMIRATES

Edge

1000 Dirhams

Banking Industry in the UAE
30th Anniversary of the Central Bank of the UAE

Subscribe series
X# M9
Characteristics
Type Commemorative Issue (Non-circulating)
Material Gold
Fineness 0.9166
Weight 40 g
Diameter 40 mm
Thickness -
Shape round
Alignment Medal

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