@amjadt25 This isn’t analysis, it’s just emotional storytelling dressed as political commentary. Real diplomacy is based on interests and stability, not the fantasy narrative you’re pushing.
@FmrRepMTG A true ally listens to its partners and respects international law. No nation should receive unconditional support while innocent civilians continue to suffer. Peace, accountability, and diplomacy must come before endless conflict.
AP aisy logon Sy kiun behas krti hen ye log begairat hen aisy logon k munh na lga Karen jab ye kutty apny bap yazeed kutty ko Ameer bolty hen to Dil dukhta ha main ny aik sal pehly esi account Sy abde manaf Sy ly ker umayya k pory khandan pe likha tha AP ja k nechy comments check Karen in jaisy haramion k aur Jo inbox men msg aye thy wo alag
@saif_aldareei Whenever you people make big claims, remember this: your so-called big talk only existed as long as Mohammed bin Salman had his hand over your heads. Since he has stepped away from you, you people have no worth anymore.
First, open your mind a little. And the first thing is that when the second Caliph, Umar ibn al-Khattab, struck Persia, Iran was the Persian Empire at that time. Iran was not a Muslim country then. And secondly, when Saddam Hussein attacked Iran, he did so sitting in the lap of Western powers, and he ended up defeated. And as for your Emirati people, your arrogance only lasted as long as Mohammed bin Salman of Saudi Arabia had influence over you. Now your condition is like an orphaned and helpless child. You can talk as much as you want, but nothing will change because of it.
@Persianserene1 Arabs and their people are even more upset than Netanyahu. On social media, there are many active Arab accounts that day and night only spew poison against Iran.
Oh brother, what 8.3 billion people? Whose trust did they lose? It’s only you Arabs who have a problem with Iran. It’s beyond understanding what issue you people have with Iran. It just clearly shows that you people sitting in the Middle East are working on an agenda of a devil, that’s all.
Saudi Riyal’s story begins in pre-Islamic Arabia, a time when there was no unified currency system. People relied mostly on barter, exchanging goods directly. Roman and Persian coins were also used in trade, but the Arabian Peninsula itself had no stable monetary system of its own.
With the arrival of Islam, a more structured monetary system emerged in the form of the dinar and dirham. These coins were originally influenced by Byzantine and Sasanian designs, but they were adapted and stamped with Islamic inscriptions. This marked an important shift, not just economically but also culturally, signaling the beginning of a new era.
For centuries, the Ottoman Empire dominated the region, and the qirsh (piastre) circulated widely. During this time, Makkah and Madinah became one of the most unique financial crossroads in the world. Pilgrims from Persia, India, Africa, and the Ottoman lands all came for Hajj, bringing their own currencies. Money changers in the holy cities played a major role in converting currencies and facilitating trade, making the region one of the earliest examples of a truly multi-currency economy.
In 1916, Sharif Hussein led the Arab Revolt against the Ottomans and introduced the Hejazi Riyal. The name “Riyal” itself comes from the Spanish “real,” a silver coin widely recognized in global trade for centuries. This shows how deeply interconnected global commerce already was. Later, in 1925, Ibn Saud unified most of the Arabian Peninsula and established the Kingdom of Saudi Arabia, introducing the Saudi Riyal based on silver currency.
A major turning point came in 1938 when oil was discovered. Saudi Arabia, previously known mainly for its deserts and holy cities, suddenly became one of the most important energy producers in the world. In 1952, the Saudi Arabian Monetary Authority (SAMA) was established to manage monetary policy and stabilize the currency. Over time, banknotes evolved to reflect national identity and state symbols.
In 1986, Saudi Arabia made one of its most important financial decisions: the riyal was officially pegged to the US dollar at a fixed rate of 1 USD = 3.75 SAR. This peg still exists today. The main reason was oil pricing, which is globally conducted in US dollars. A stable exchange rate made revenue planning predictable and reduced financial volatility. This peg became the backbone of Saudi monetary stability.
Today, Saudi Arabia is undergoing a major transformation under Vision 2030, led by Crown Prince Mohammed bin Salman. The goal is to reduce dependence on oil and diversify the economy. Investments are being made in tourism, entertainment, technology, and mega projects like NEOM. This transformation is ambitious and still unfolding. Whether the economy can successfully shift away from oil dependence remains an open question.
Currently, 1 US dollar equals 3.75 Saudi riyals, and this long-term stability places the Saudi riyal among the most reliable currencies in the world.👇
Every currency has a story to tell. From economic booms to financial crises, the journey of money often reflects the journey of a nation itself. In this thread, we'll explore 21 more world currencies, their history, and their value today against the US Dollar. Read the full thread below. ⬇️
When people think of Denmark, they often think of the Vikings.
From the 8th to the 11th century, Viking sailors and warriors left a deep mark on Europe. They were traders as well as raiders, bringing back silver, gold, and valuable goods from distant lands. In many ways, precious metals and treasure served as money in that era. The modern, peaceful, and highly developed Denmark of today stands on foundations that were shaped, in part, by this Viking heritage.
The Scandinavian Monetary Union of 1873 was a fascinating experiment. Denmark, Sweden, and Norway agreed to create closely linked currencies that could be used across all three countries. In many ways, it was a version of a common currency system more than a century before the euro. The arrangement eventually collapsed during World War I, but it remains one of the most interesting monetary experiments in European history.
During World War II, Germany occupied Denmark, yet the Danish Krone continued to circulate. The Danish government chose a policy of cooperation during the early years of the occupation, hoping to protect the population and limit destruction. It was a difficult and controversial decision, but Denmark emerged from the war less devastated than many other occupied countries.
Denmark has also taken a unique path in modern Europe. The country rejected adopting the euro in a 2000 referendum, choosing to keep the Danish Krone as a symbol of national identity. At the same time, Denmark maintained a close exchange-rate policy with the euro to preserve economic stability. It was a carefully balanced approach that allowed the country to keep its own currency without sacrificing financial confidence.
Today, Denmark is home to some of the world's most successful companies. Maersk is one of the largest shipping companies on the planet, while Novo Nordisk is a global leader in diabetes treatment and pharmaceutical innovation. For a relatively small country, Denmark has an outsized influence on the global economy.
As a result, the Danish Krone remains a stable and trusted currency. Today, 1 US dollar is worth roughly 6.9 Danish Kroner.👇
Nigeria’s story raises a deep question: how can a country have so much and yet so much poverty?
It has Africa’s largest oil reserves. It has the continent’s biggest population. It has one of the largest economies in Africa. It is home to the world’s third largest film industry, Nollywood. Its music, especially Afrobeats, is heard across the world. Yet, despite all of this, most of its 220 million people still live in poverty. And the naira, which was once stronger than the US dollar, now stands at around 1,580 naira per dollar. The answer lies deep in its history.
Ancient Nigeria was home to advanced civilizations. The Nok culture, dating back to around 1500 BCE, was already working with iron while many other parts of the world were still using stone tools. The Benin Kingdom produced bronze artworks so advanced that they are still displayed in major museums around the world today. For centuries, cowrie shells were used as currency across West Africa. These shells were imported from the Indian Ocean, showing how deeply connected the region was to global trade even in early times.
From the 15th century, European contact gradually changed everything. At first it was trade in goods like spices and ivory, but soon it turned into something far darker. Between roughly 1500 and 1850, millions of West Africans were forcibly taken and enslaved. Many were sent to the Americas and the Caribbean. Families were destroyed and societies were deeply weakened. The long-term impact of this period is still visible in Nigeria today.
In 1914, Britain merged different regions and ethnic groups into a single colony called Nigeria. Groups like the Yoruba, Hausa, and Igbo, along with hundreds of smaller communities, were placed under one political structure that had little historical unity. This colonial arrangement created tensions that later became serious internal conflicts.
Nigeria gained independence in 1960. The Nigerian pound was introduced and initially held strong value. But hopes of stability did not last long. In 1967, the Biafra Civil War began when the Igbo region attempted to secede. The war lasted three years and caused the deaths of around two million people, many of them civilians who died from starvation. It remains one of the most tragic chapters in Nigeria’s history.
In 1973, the naira was introduced at a strong value, at one point even stronger than the US dollar. Around the same time, global oil prices rose sharply, bringing massive revenue into Nigeria. But instead of transforming the country broadly, oil wealth became concentrated in the hands of the state and elites. Corruption grew, military governments strengthened their control, and public development lagged behind.
Military rule defined much of this period. Under leaders like General Sani Abacha, billions of dollars were reportedly diverted from public funds. This era deeply weakened institutions and trust in governance, and the naira suffered as a result.
In 1993, a major political crisis unfolded when Moshood Abiola won elections that were annulled by the military. His imprisonment and death became a symbol of political injustice in Nigeria’s modern history. Democracy eventually returned in 1999, bringing renewed hope.
In 2014, Nigeria officially became Africa’s largest economy in GDP terms. However, much of this growth was driven by oil and did not translate evenly into living standards for ordinary citizens.
In 2023, the government allowed the naira to float more freely. The currency lost about 40 percent of its value almost immediately. Inflation rose sharply, and many citizens saw their savings lose value overnight. This highlighted how vulnerable everyday life is to currency instability.
Despite these challenges, Nigeria remains culturally and economically powerful in other ways. Nollywood produces thousands of films every year and reaches audiences across Africa and beyond. Afrobeats artists like Burna Boy and Wizkid have become global stars.👇