UAE’s 50th National Day: New 50 Dirham note issued
To commemorate UAE’s 50th National Day, the government has announced the issuance of a new AED 50 banknote. The unveiling ceremony of UAE’s new 50 Dirham note was attended by H.H Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, and H.H Sheikh Mohamed bin Zayed, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the Armed Forces. The new note signifies unity and a sign of a sustainable future as a nation.
ALL ABOUT THE UAE’s NEW 50 DIRHAM NOTE
Some incredible activities have taken place to celebrate the UAE’s Golden Jubilee. The launch of a new 50 Dirham note by the UAE Central Bank is the icing on the very special cake.
The front of the note has a portrait of H.H. Sheikh Zayed and a picture of the founding Rulers after they had signed the Union document. Additionally, there is a picture of the Wahat Al Karama, the memorial to the martyrs of UAE.
The back of the note has an image of H.H. Sheikh Zayed signing the Union agreement. Plus, there is a picture of the Etihad Museum. This redesign recognises H.H. Sheikh Zayed and the founding leaders’ endeavours to unite the nation.
In terms of colour, different shades of fluorescent blue and violet have been used. The drawings and inscriptions add to the artistic look of the new 50 AED note.
The UAE’s new 50 Dirham note is made of polymer. This means it is more durable and sustainable than a cotton paper note. Polymer notes stay in circulation three times longer. Furthermore, these notes can be recycled, hence aligning with the government’s vision of a sustainable future. It also features braille embossing, essential for blind and visually impaired individuals. Enhanced security features will ensure forgery of the new 50 Dirham banknote even more difficult.
WHAT ARE THEY SAYING?
Sheikh Mansour bin Zayed, Deputy Prime Minister and Minister of Presidential Affairs, and chairman of the board of directors of the UAE Central Bank, stated that the new 50 Dirham note is a tribute to the UAE’s founding fathers:
“We see, in this issuance, the new phase that the UAE will enter and a renewed pledge to continue its growth path. The occasion also allowed us to express our appreciation and gratitude to our founding fathers by issuing a new banknote to celebrate the 50th anniversary of the establishment of the UAE.”
FREQUENTLY ASKED QUESTIONS
WILL THE OLD AED 50 NOTE GO OUT OF CIRCULATION?
No, the old note is not going out of circulation. You can continue to use it.
WHEN WILL THE NEW 50 DIRHAM NOTE BE AVAILABLE AT BANKS AND ATMS?
The date for distribution has not been announced yet, but one can expect the new AED 50 note to be available soon.
WHAT OTHER ACTIVITIES HAVE TAKEN PLACE FOR THE NATIONAL DAY?
The Central Bank of The United Arab Emirates (CBUAE) issued seven commemorative silver coins to celebrate the 50th UAE National Day. Read our blog about the activities on UAE’s National Day to find out more.
The new note isn’t just a mark of the celebrations, but it is a move well merited in terms of practicality. As discussed, the new note will be better for the environment. The government decided to move towards sustainability, and this Central Bank issuance is another step in that direction.
So how excited are you to get your hands on the UAE’s new 50 Dirham note? Let us know in the comments section below.
Title image credit: Dubai Media Office
