How Instarem supports Airserve Marine Travel’s global operations with faster, smarter cross-border payments
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The Yemeni Rial (YER) is the official currency of Yemen, issued by the Central Bank of Yemen. It was introduced in 1962, replacing the East African Shilling and other local currencies. Due to ongoing political and economic instability, the Rial has experienced significant fluctuations in value, with regional disparities in exchange rates between government-controlled and rebel-held areas. Despite these challenges, the YER remains the primary medium of exchange for daily transactions in Yemen’s agriculture- and remittance-dependent economy.
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Last updated: Exchange rates here are informational, reflecting mid-market rates which fluctuate regularly. For an estimation of the rates offered by Instarem, please check our currency conversion calculator at the time of transfer.
If you cannot find the location you would like to send to, it means we currently do not support transfers to that destination, but we are working on it! Do come back and check again as we are continuously updating our services.
If you cannot find your desired currency pair, it means that transfers to that specified currency are not supported by our services, but we are working on it! Do come back and check again as we are continuously updating our services.
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Disclaimer: All information in this article is provided for general knowledge and educational use only. It should not be considered legal, tax, or financial advice. We recommend contacting a licensed expert in your area for assistance with specific concerns.