The Iraqi dinar () (
Arabic
Arabic (, ' ; , ' or ) is a Semitic languages, Semitic language spoken primarily across the Arab world.Semitic languages: an international handbook / edited by Stefan Weninger; in collaboration with Geoffrey Khan, Michael P. Streck, Janet C ...
: دينار;
sign
A sign is an object, quality, event, or entity whose presence or occurrence indicates the probable presence or occurrence of something else. A natural sign bears a causal relation to its object—for instance, thunder is a sign of storm, or me ...
: ID in
Latin
Latin (, or , ) is a classical language belonging to the Italic branch of the Indo-European languages. Latin was originally a dialect spoken in the lower Tiber area (then known as Latium) around present-day Rome, but through the power of the ...
, د.ع in
Arabic
Arabic (, ' ; , ' or ) is a Semitic languages, Semitic language spoken primarily across the Arab world.Semitic languages: an international handbook / edited by Stefan Weninger; in collaboration with Geoffrey Khan, Michael P. Streck, Janet C ...
;
code
In communications and information processing, code is a system of rules to convert information—such as a letter, word, sound, image, or gesture—into another form, sometimes shortened or secret, for communication through a communication ...
: IQD) is the currency of
Iraq
Iraq,; ku, عێراق, translit=Êraq officially the Republic of Iraq, '; ku, کۆماری عێراق, translit=Komarî Êraq is a country in Western Asia. It is bordered by Turkey to Iraq–Turkey border, the north, Iran to Iran–Iraq ...
. It is issued by the
Central Bank of Iraq
The Central Bank of Iraq (CBI) ( ar, البنك المركزي العراقي) is the central bank of Iraq. It was established in 1947, the same year in which the British occupation of Iraq was ended. CBI's primary objectives are to ensure domestic ...
and is subdivided into 1,000 fils (فلس), although inflation has rendered the fils obsolete since 1990. On 26 December 2022, the exchange rate with the US Dollar was US$1 = 1556 dinars.
History
The Iraqi dinar entered circulation on 1 April 1932, replacing the
Indian rupee
The Indian rupee ( symbol: ₹; code: INR) is the official currency in the republic of India. The rupee is subdivided into 100 ''paise'' (singular: ''paisa''), though as of 2022, coins of denomination of 1 rupee are the lowest value in use wh ...
, which had been the official currency since the
British occupation of the country in
World War I
World War I (28 July 1914 11 November 1918), often abbreviated as WWI, was List of wars and anthropogenic disasters by death toll, one of the deadliest global conflicts in history. Belligerents included much of Europe, the Russian Empire, ...
, at a rate of 1 dinar = 11 rupees. The dinar was pegged at par with
sterling until 1959 when, without changing its value, the peg was switched to the
United States dollar
The United States dollar ( symbol: $; code: USD; also abbreviated US$ or U.S. Dollar, to distinguish it from other dollar-denominated currencies; referred to as the dollar, U.S. dollar, American dollar, or colloquially buck) is the officia ...
at the rate of ID 1 = US$2.80. By not following the US
devaluation
In macroeconomics and modern monetary policy, a devaluation is an official lowering of the value of a country's currency within a fixed exchange-rate system, in which a monetary authority formally sets a lower exchange rate of the national curren ...
s in 1971 and 1973, the official rate rose to US$3.3778, before a 5% devaluation reduced its rate to US$3.2169, a rate which remained until the
Gulf War
The Gulf War was a 1990–1991 armed campaign waged by a 35-country military coalition in response to the Iraqi invasion of Kuwait. Spearheaded by the United States, the coalition's efforts against Iraq were carried out in two key phases: ...
in 1990, although in late 1989 the black market rate was reported at five to six times higher than the official rate.
Post-1990 developments
After the Gulf War in 1990, due to
UN sanctions, Iraq was no longer able to place orders with
De La Rue
De La Rue plc (, ) is a British company headquartered in Basingstoke, England, that designs and produces banknotes, secure polymer substrate and banknote security features (including security holograms, security threads and security printe ...
for further issues of the previously high quality notes, so new, inferior quality notes were produced. The pre-1990 notes became known as the “
Swiss dinars” while the new dinar notes were called “Saddam dinars”. Due to United States and the international sanctions on Iraq along with excessive government printing, the Saddam dinar currency devalued quickly. By late 1995, US$1 was valued at ID 3,000 on the black market.
Swiss dinars notes continued to circulate in the politically isolated
Kurdish regions of Iraq. The Kurdish government refused to accept the low quality Saddam dinar notes (which were issued in huge amounts). Since the supply of Saddam dinar notes increased while the supply of Swiss dinar notes remained stable (even decreased because of notes taken out of circulation), the Swiss dinar notes appreciated against the Saddam dinar note. By having its own stable currency, the northern part of Iraq effectively evaded inflation, which ran rampant throughout the rest of the country.
After
Saddam Hussein
Saddam Hussein ( ; ar, صدام حسين, Ṣaddām Ḥusayn; 28 April 1937 – 30 December 2006) was an Iraqi politician who served as the fifth president of Iraq from 16 July 1979 until 9 April 2003. A leading member of the revolution ...
was deposed in the
2003 invasion of Iraq
The 2003 invasion of Iraq was a United States-led invasion of the Republic of Iraq and the first stage of the Iraq War. The invasion phase began on 19 March 2003 (air) and 20 March 2003 (ground) and lasted just over one month, including 26 ...
, the
Iraqi Governing Council
The Iraqi Governing Council (IGC) was the provisional government of Iraq from 13 July 2003 to 1 June 2004. It was established by and served under the United States-led Coalition Provisional Authority (CPA). The IGC consisted of various Iraqi pol ...
and the
Office for Reconstruction and Humanitarian Assistance
)
, capital = Baghdad
, largest_city = capital
, common_languages = ArabicKurdishEnglish (''de facto'')
, government_type = Transitional government
, legislature = Iraqi Governing Council
, title_leader = Administrator
, leader1 = Jay ...
printed more Saddam dinar notes as a stopgap measure to maintain the money supply until a new currency could be introduced.
Between 15 October 2003 and 15 January 2004, the
Coalition Provisional Authority
)
, capital = Baghdad
, largest_city = capital
, common_languages = ArabicKurdishEnglish (''de facto'')
, government_type = Transitional government
, legislature = Iraqi Governing Council
, title_leader = Administrator
, leader1 = Jay ...
issued new Iraqi dinar notes and coins, with the notes printed by the British security printing firm
De La Rue
De La Rue plc (, ) is a British company headquartered in Basingstoke, England, that designs and produces banknotes, secure polymer substrate and banknote security features (including security holograms, security threads and security printe ...
using modern anti-forgery techniques to "create a single unified currency that is used throughout all of Iraq and will also make money more convenient to use in people's everyday lives". Multiple trillions of dinars were shipped to Iraq and secured in the Central Bank to exchange for Saddam dinar notes. Saddam dinar notes were exchanged for the new dinars at par, while Swiss dinar notes were exchanged at a rate of one Swiss dinar = 150 new dinars.
Inflation and depreciation of the currency has continued since. On 19 December 2020, Iraq's Central Bank devalued the dinar by 24% to improve the government's revenue, which was affected by the
COVID-19 pandemic
The COVID-19 pandemic, also known as the coronavirus pandemic, is an ongoing global pandemic of coronavirus disease 2019 (COVID-19) caused by severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2). The novel virus was first identif ...
and low oil prices. On 2 March 2019, the Central Bank's indicative exchange rate was ID 1,190 = US$1.
and on 18 June 2021 it was ID 1,460.5000 = US$1.
There is considerable confusion (perhaps intentional on the part of dinar sellers) around the role of the
International Monetary Fund
The International Monetary Fund (IMF) is a major financial agency of the United Nations, and an international financial institution, headquartered in Washington, D.C., consisting of 190 countries. Its stated mission is "working to foster globa ...
in Iraq. The IMF as part of the rebuilding of Iraq is monitoring Iraq's finances and for this purpose uses a single rate (not a sell/buy) of ID 1170 per US$. This "program rate" is used for calculations in the IMF monitoring program and is not a rate imposed on Iraq by the IMF. For a wider history surrounding currency in the region, see
British currency in the Middle East
The history and development of British currency in the Middle East emerged from the 19th century. British involvement in the Middle East began with the Aden Settlement in 1839. The British East India Company established an anti-piracy station in Ad ...
.
Use in speculation and fraud since the Iraq war (2003–present)
Since Iraq has few exports other than oil, which is sold in dollars, there is little international demand for dinars, resulting in an extremely high
exchange rate
In finance, an exchange rate is the rate at which one currency will be exchanged for another currency. Currencies are most commonly national currencies, but may be sub-national as in the case of Hong Kong or supra-national as in the case of ...
compared with other currencies.
However, the downfall of
Saddam Hussein
Saddam Hussein ( ; ar, صدام حسين, Ṣaddām Ḥusayn; 28 April 1937 – 30 December 2006) was an Iraqi politician who served as the fifth president of Iraq from 16 July 1979 until 9 April 2003. A leading member of the revolution ...
resulted in the development of a multi-million-dollar industry involving the sale of dinars to speculators. Such
exchange services and companies sell dinars at an inflated price, pushing the idea that the dinar would sharply
increase in value to a profitable exchange rate some time in the future, instead of being
redenominated. This activity can be either a legitimate service to
currency speculators, or
foreign exchange fraud
Foreign exchange fraud is any trading scheme used to defraud traders by convincing them that they can expect to gain a high profit by trading in the foreign exchange market. Currency trading became a common form of fraud in early 2008, according to ...
: at least one major such currency exchange provider was convicted of fraud involving the dinar. This trade revived after the election of
Donald Trump
Donald John Trump (born June 14, 1946) is an American politician, media personality, and businessman who served as the 45th president of the United States from 2017 to 2021.
Trump graduated from the Wharton School of the University of Pe ...
in November 2016, with many buyers believing that Trump would cause a sharp revaluation in the dinar (often referred to by the abbreviation "RV" by supporters of the dinar trade,) to an exchange rate comparable to the US dollar.
In 2014, Keith Woodwell (director of the Utah Division of Securities) and Mike Rothschild (writer for ''
Skeptoid
Brian Andrew Dunning (born 1965) is an American writer and producer who focuses on science and skepticism. He has hosted a weekly podcast, ''Skeptoid'', since 2006, and he is an author of a series of books on the subject of scientific skepticism, ...
'' blog) stated that the speculation over the Iraqi dinar originated from a misunderstanding of why the value of the
Kuwaiti dinar
The Kuwaiti dinar ( ar, دينار كويتي, code: KWD) is the currency of Kuwait. It is sub-divided into 1,000 fils.
As of 2022, the Kuwaiti dinar is the currency with the highest value per base unit, with KD 1 equalling US$3.32, ahead ...
recovered after the
First Gulf War
The Gulf War was a 1990–1991 armed campaign waged by a 35-country military coalition in response to the Iraqi invasion of Kuwait. Spearheaded by the United States, the coalition's efforts against Iraq were carried out in two key phases: ...
, leading to an assumption that the Iraqi dinar would follow suit after the fall of Saddam: Woodwell and Rothschild noted substantial differences in economic and political stability between Iraq and Kuwait, with Iraq facing pervasive sectarian violence amid near-total reliance on oil exports.
In response to the growing concerns about
fraud and scams related to investment in the Iraqi dinar, State agencies such as Washington State, Utah, Oklahoma, Alabama and others issued statements and releases warning potential investors. Further alerts were issued by news agencies. These alerts usually warn potential investors that there is no place outside Iraq to exchange the dinar, that they are typically sold by dealers at inflated prices, and that there is little evidence to substantiate the claims of significant appreciation of their investment due to revaluation of the currency.
In February 2014, the
Better Business Bureau
Better Business Bureau (BBB) is a private, 501(c)(6) nonprofit organization founded in 1912. BBB's self-described mission is to focus on advancing marketplace trust, consisting of 97 independently incorporated local BBB organizations in the Unit ...
included investing in the dinar as one of the ten most notable scams in 2013. There has also been a book written on the subject.
Coins
Coins were introduced in 1931 and 1932 in
denominations of round 1 and 2 fils in bronze, and scalloped 4 and 10 fils in nickel. 20, 50, and 200 fils were 50% silver. The 200 fils coin is also known as a ''rial''. Bronze substituted nickel in the 5 and 10 fils from 1938 to 1943 during the World War II period and reverted to nickel in 1953. Silver 100 fils coins were also introduced in 1953. These coins first depicted
King Faisal I
Faisal I bin Al-Hussein bin Ali Al-Hashemi ( ar, فيصل الأول بن الحسين بن علي الهاشمي, ''Faysal el-Evvel bin al-Ḥusayn bin Alī el-Hâşimî''; 20 May 1885 – 8 September 1933) was King of the Arab Kingdom of Syria ...
from 1931 to 1933,
King Ghazi
Ghazi ibn Faisal ( ar, غازي ابن فيصل, Gâzî ibn-i Faysal) (21 March 1912 – 4 April 1939) was the King of Iraq from 1933 to 1939 having been briefly Crown Prince of the Kingdom of Syria in 1920. He was born in Mecca, the only son ...
from 1938, and
King Faisal II
Faisal II ( ar, الملك فيصل الثاني ''el-Melik Faysal es-Sânî'') (2 May 1935 – 14 July 1958) was the last King of Iraq. He reigned from 4 April 1939 until July 1958, when he was killed during the 14 July Revolution. This regici ...
from 1943 until the end of the kingdom.
Following the establishment of the Iraqi Republic, a new series of coins was introduced in denominations of 1, 5, 10, 25, 50, and 100 fils, with the 25, 50, and 100 fils in silver until 1969. In this series an allegorical sun replaced the image of the king, shapes and sizes remained the same with the exception of the 1 fil which was
decagon
In geometry, a decagon (from the Greek δέκα ''déka'' and γωνία ''gonía,'' "ten angles") is a ten-sided polygon or 10-gon.. The total sum of the interior angles of a simple decagon is 1440°.
A self-intersecting ''regular decagon'' i ...
shaped. This image was then replaced by three palms in 1968. In 1970, 250 fils pieces were introduced, followed by 500 fils and ID 1 coins in 1982. A number of the coins for 1982 were a commemorative series celebrating Babylonian achievements. During this period, many of the coins were identified by their shape due to being made of similar composition metals, as from 1980 onward 250 fils were octagonal, 500 fils square, and ID 1 decagon shaped. Coin production ceased after 1990 due to the emergency conditions generated by the
Gulf War
The Gulf War was a 1990–1991 armed campaign waged by a 35-country military coalition in response to the Iraqi invasion of Kuwait. Spearheaded by the United States, the coalition's efforts against Iraq were carried out in two key phases: ...
and international sanctions.
In 2004, a new series of coins were issued in denominations of ID 25, ID 50 and ID 100 and were struck in bronze, brass, and nickel-plated steel respectively. They are sparse in design and depict an abstract map of Iraq and the main rivers.
File:4 Fils, 1933, obverse.jpg, 4 Fils, 1933, obverse
File:4 Fils, 1933 reverse.jpg, 4 Fils, 1933, reverse
File:Iraq Bronze Coin King Ghazi.jpg, 10 fils 1938, obverse
File:IRAQ, GHAZI I 1938 -50 FILS b - Flickr - woody1778a.jpg, 50 fils 1938, obverse
File:IRAQ, GHAZI I 1938 -50 FILS a - Flickr - woody1778a.jpg, 50 fils 1938, reverse
Banknotes
On 16 March 1932,
banknotes
A banknote—also called a bill (North American English), paper money, or simply a note—is a type of negotiable instrument, negotiable promissory note, made by a bank or other licensed authority, payable to the bearer on demand.
Banknotes w ...
were issued by the government in denominations of , , 1, 5, 10 and 100 dinars. The notes were printed in the United Kingdom by Bradbury, Wilkinson & Co. From 1932 to 1947, the banknotes were issued by the Iraqi currency board for the government of Iraq and banknotes were convertible into pound sterling. From 1947, the banknotes were issued by the
National Bank of Iraq
The Central Bank of Iraq (CBI) ( ar, البنك المركزي العراقي) is the central bank of Iraq. It was established in 1947, the same year in which the British occupation of Iraq was ended. CBI's primary objectives are to ensure domestic ...
, then after 1954 by the
Central Bank of Iraq
The Central Bank of Iraq (CBI) ( ar, البنك المركزي العراقي) is the central bank of Iraq. It was established in 1947, the same year in which the British occupation of Iraq was ended. CBI's primary objectives are to ensure domestic ...
.
100 dinars notes ceased production in the 1940s, however, the same denominations were used until 1978, when ID 25 notes were introduced. In 1991, ID 50 were introduced and ID 100 reintroduced, followed in 1995 by ID 250 notes and ID 10,000 notes in 2002.
Banknotes that were issued between 1990 and October 2003, along with an ID 25 note issued in 1986, bear an idealized engraving of former Iraqi President
Saddam Hussein
Saddam Hussein ( ; ar, صدام حسين, Ṣaddām Ḥusayn; 28 April 1937 – 30 December 2006) was an Iraqi politician who served as the fifth president of Iraq from 16 July 1979 until 9 April 2003. A leading member of the revolution ...
. Following the 1991 Gulf War, Iraq's currency was printed both locally and in China, using poor grade
wood pulp
Pulp is a lignocellulosic fibrous material prepared by chemically or mechanically separating cellulose fibers from wood, fiber crops, waste paper, or rags. Mixed with water and other chemical or plant-based additives, pulp is the major raw mate ...
paper (rather than cotton or
linen
Linen () is a textile made from the fibers of the flax plant.
Linen is very strong, absorbent, and dries faster than cotton. Because of these properties, linen is comfortable to wear in hot weather and is valued for use in garments. It also ...
) and inferior quality
lithography
Lithography () is a planographic method of printing originally based on the immiscibility of oil and water. The printing is from a stone (lithographic limestone) or a metal plate with a smooth surface. It was invented in 1796 by the German a ...
(some notes were reputedly printed on presses designed for printing newspapers).
The primitive printing techniques resulted in a limitless variety in coloration and detail, one layer of the printing would be too faint while another would be too dark.
Counterfeit
To counterfeit means to imitate something authentic, with the intent to steal, destroy, or replace the original, for use in illegal transactions, or otherwise to deceive individuals into believing that the fake is of equal or greater value tha ...
banknotes often appeared to be of better quality than real notes. Some notes were very poorly cut, and some notes even lacked serial numbers. Despite the collapse in the value of the Iraqi dinar, the highest denomination printed until 2002 was ID 250. In 2002, the
Central Bank of Iraq
The Central Bank of Iraq (CBI) ( ar, البنك المركزي العراقي) is the central bank of Iraq. It was established in 1947, the same year in which the British occupation of Iraq was ended. CBI's primary objectives are to ensure domestic ...
issued an ID 10,000 banknote to be used for "larger, and inter-bank transactions". This note was rarely accepted in practice due to fears of looting and counterfeiting. This forced people to carry around stacks of ID 250 note for everyday use. The other, smaller notes were so worthless that they largely fell into disuse. This situation meant that Iraq, for the most part, had only one denomination of currency in wide circulation.
Currency printed before the Gulf War was often called the ''
Swiss dinar'', a term of obscure and uncertain origins. These notes were manufactured in England by
De La Rue
De La Rue plc (, ) is a British company headquartered in Basingstoke, England, that designs and produces banknotes, secure polymer substrate and banknote security features (including security holograms, security threads and security printe ...
and were of significantly higher quality than those later produced under the economic sanctions that were imposed after the first Gulf War. After a change-over period, this currency was unendorsed by the Iraqi government. However, this old currency still circulated in the
Kurdish regions of Iraq until it was replaced with the new dinar after the second Gulf War. During this time the Swiss dinar retained its value, whilst the new currency consistently lost value at sometimes 30% per annum.
In 2003, new banknotes were issued consisting of six denominations: ID 50, ID 250, ID 1,000, ID 5,000, ID 10,000, and ID 25,000. The notes were similar in design to notes issued by the
Central Bank of Iraq
The Central Bank of Iraq (CBI) ( ar, البنك المركزي العراقي) is the central bank of Iraq. It was established in 1947, the same year in which the British occupation of Iraq was ended. CBI's primary objectives are to ensure domestic ...
(CBI) in the 1970s and 1980s. An ID 500 note was issued a year later, in October 2004. In the Kurdish regions of Iraq, the ID 50 note is not in circulation.
In March 2014, the CBI began replacing banknotes with anti-counterfeiting enhanced versions that include SPARK optical security features, scanner readable guarantee threads in addition to braille embossing to assist vision-impaired persons.
Iraq new 5,000- and 25,000-dinar notes confirmed
Banknote News. 29 November 2014. Retrieved on 2014-11-30.
In February 2015, the CBI announced the removal from circulation on 30 April 2015 of the ID 50 notes. Persons holding these banknotes were advised to immediately redeem them at their nearest bank for the ID 250 and higher denomination dinar notes at a one-to-one rate at no charge.
In November 2015, the CBI announced the introduction of a new ID 50,000 banknote. This is the first new denomination banknote since the new series was first issued in 2003, and also the largest ever printed by the CBI. The current notes no longer depict Saddam Hussein
Saddam Hussein ( ; ar, صدام حسين, Ṣaddām Ḥusayn; 28 April 1937 – 30 December 2006) was an Iraqi politician who served as the fifth president of Iraq from 16 July 1979 until 9 April 2003. A leading member of the revolution ...
and now feature inscriptions in both Arabic and Kurdish
Kurdish may refer to:
*Kurds or Kurdish people
*Kurdish languages
*Kurdish alphabets
*Kurdistan, the land of the Kurdish people which includes:
**Southern Kurdistan
**Eastern Kurdistan
**Northern Kurdistan
**Western Kurdistan
See also
* Kurd (dis ...
. The banknotes are printed using new security features from Giesecke & Devrient
Giesecke+Devrient, also known as (G+D), is a German company headquartered in Munich that provides banknote and securities printing, smart cards, and cash handling systems.
History
Founded in 1852 by Hermann Giesecke and Alphonse Devrient, the ...
& De La Rue
De La Rue plc (, ) is a British company headquartered in Basingstoke, England, that designs and produces banknotes, secure polymer substrate and banknote security features (including security holograms, security threads and security printe ...
and measure 156 × 65 mm. They feature an outline map of Iraq showing the Euphrates
The Euphrates () is the longest and one of the most historically important rivers of Western Asia. Tigris–Euphrates river system, Together with the Tigris, it is one of the two defining rivers of Mesopotamia ( ''the land between the rivers'') ...
& Tigris
The Tigris () is the easternmost of the two great rivers that define Mesopotamia, the other being the Euphrates. The river flows south from the mountains of the Armenian Highlands through the Syrian and Arabian Deserts, and empties into the ...
rivers as well as the Great Mosque of Samarra
, native_name_lang = ara
, image = Samara_spiralovity_minaret_rijen1973.jpg
, image_upright = 1.4
, alt =
, caption = The spiral minaret of the mosque
, map_type ...
.
Kingdom of Iraq dinar series (1932–1939)
Swiss dinar series (1979–1986)
1990–2003 series
2003–present
Exchange rate
See also
* British currency in the Middle East
The history and development of British currency in the Middle East emerged from the 19th century. British involvement in the Middle East began with the Aden Settlement in 1839. The British East India Company established an anti-piracy station in Ad ...
* Central Bank of Iraq
The Central Bank of Iraq (CBI) ( ar, البنك المركزي العراقي) is the central bank of Iraq. It was established in 1947, the same year in which the British occupation of Iraq was ended. CBI's primary objectives are to ensure domestic ...
* Economy of Iraq
The economy of Iraq is dominated by the oil sector, which has provided about 99.7% of foreign exchange earnings during its modern history. As of 2021, the oil sector provides about 92% of foreign exchange earnings. Iraq's hitherto agrarian econom ...
* Iraqi art
Iraqi art is one of the richest art heritages in world and refers to all works of visual art originating from the geographical region of what is present day Iraq since ancient Mesopotamian periods. For centuries, the capital, Baghdad was the Med ...
* Iraqi Swiss dinar
The Swiss dinar ( ar, دينار سويسري) was the Iraqi currency in circulation prior to the 1990 Gulf War.
Name
The reason for the adjective "Swiss" is unknown, two possible explanations have been offered.
It has been claimed the printin ...
* Kuwaiti dinar
The Kuwaiti dinar ( ar, دينار كويتي, code: KWD) is the currency of Kuwait. It is sub-divided into 1,000 fils.
As of 2022, the Kuwaiti dinar is the currency with the highest value per base unit, with KD 1 equalling US$3.32, ahead ...
References
External links
Central Bank of Iraq homepage
Council on Foreign Relations: benefits of the new Iraqi dinar
Iraqi Dinar Scam – Washington State Department of Financial Institutions warning
Iraqi Dinar Scams – Oklahoma Securities Commission warns residents
Dmoztools.net – Iraqi Dinar
{{Portal bar, Asia, Iraq, Money, Numismatics
Currencies of Iraq
Economy of Iraq
Currencies introduced in 1932