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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 printing plates for the currency came from Switzerland, although the notes were actually produced in the United Kingdom by De La Rue. While this claim is widespread, the actual origins of the plates are unknown as no sources close to De La Rue or the Central Bank of Iraq have made any comment on the matter. The second possible explanation is that prior to the Gulf War, Iraq was historically a low inflation country, similar to Switzerland. History Inter-war period After the Gulf War, the Iraqi government disendorsed the old currency, favoring newly printed ''Saddam dinars'', and the ''Swiss dinar'' ceased to be legal tender. However, the old currency still circulated in the politically isolated Kurdistan region of Iraq. The government of the Kurd ...
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Flag Of Iraq (1991–2004)
The flag of Iraq ( ar, علم العراق Kurdish languages: الله اكبر) includes the three equal horizontal red, white, and black stripes of the Arab Liberation flag, with the phrase "God is the greatest" in Arabic written in Kufic script in the center''.'' This basic tricolor has been in use since its adoption on 31 July 1963, with several changes to the green symbols in the central white stripes; the most recent version adopted on 22 January 2008 bears the ''takbīr'' rendered in dark green and removes the three green stars present since 1963. The northern autonomous provinces of Kurdistan Region emerged as an autonomous entity inside Iraq with its own local government and parliament. The Kurdistan Regional Government uses a separate flag known as the flag of Kurdistan which was adopted in 1992. Color scheme Valid for Iraqi flags 1963–present History 1921–1959 The first flag of modern Iraq was in Mandatory Iraq, and was adopted in 1921. It was a black- ...
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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 Garner , leader2 = Paul Bremer , year_leader1 = 2003 , year_leader2 = 2003–2004 , title_deputy = Deputy Administrator , deputy1= Richard Jones , year_deputy1 = 2003–2004 , era = Iraq War , event_pre = Saddam Hussein and Ba'ath Party deposed , date_pre = 21 April 2003 , event_start=CPA established , date_start=16 May , year_start = 2003 , event_end = Interim government , date_end = 28 June , year_end = 2004 , stat_year1 = , stat_area1 = , stat_pop1 = , currency = Iraqi dinar , today=Iraq The Coalition Provisional Authority (CPA; ar, سلطة الائتلاف المؤقتة, ku, هاوپەيمانى دەسەڵاتى كاتى) was a transitional government of Iraq established following the invasio ...
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Modern Obsolete Currencies
Modern may refer to: History * Modern history ** Early Modern period ** Late Modern period *** 18th century *** 19th century *** 20th century ** Contemporary history * Moderns, a faction of Freemasonry that existed in the 18th century Philosophy and sociology * Modernity, a loosely defined concept delineating a number of societal, economic and ideological features that contrast with "pre-modern" times or societies ** Late modernity Art * Modernism ** Modernist poetry * Modern art, a form of art * Modern dance, a dance form developed in the early 20th century * Modern architecture, a broad movement and period in architectural history * Modern music (other) Geography *Modra, a Slovak city, referred to in the German language as "Modern" Typography * Modern (typeface), a raster font packaged with Windows XP * Another name for the typeface classification known as Didone (typography) * Modern, a generic font family name for fixed-pitch serif and sans serif fonts (f ...
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Currencies Of Asia
A currency, "in circulation", from la, currens, -entis, literally meaning "running" or "traversing" is a standardization of money in any form, in use or circulation as a medium of exchange, for example banknotes and coins. A more general definition is that a currency is a ''system of money'' in common use within a specific environment over time, especially for people in a nation state. Under this definition, the British Pound Sterling (£), euros (€), Japanese yen (¥), and U.S. dollars (US$)) are examples of (government-issued) fiat currencies. Currencies may act as stores of value and be traded between nations in foreign exchange markets, which determine the relative values of the different currencies. Currencies in this sense are either chosen by users or decreed by governments, and each type has limited boundaries of acceptance - i.e. legal tender laws may require a particular unit of account for payments to government agencies. Other definitions of the term "curre ...
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Currencies Of Iraq
A currency, "in circulation", from la, currens, -entis, literally meaning "running" or "traversing" is a standardization of money in any form, in use or circulation as a medium of exchange, for example banknotes and coins. A more general definition is that a currency is a ''system of money'' in common use within a specific environment over time, especially for people in a nation state. Under this definition, the British Pound Sterling (£), euros (€), Japanese yen (¥), and U.S. dollars (US$)) are examples of (government-issued) fiat currencies. Currencies may act as stores of value and be traded between nations in foreign exchange markets, which determine the relative values of the different currencies. Currencies in this sense are either chosen by users or decreed by governments, and each type has limited boundaries of acceptance - i.e. legal tender laws may require a particular unit of account for payments to government agencies. Other definitions of the term "currency ...
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Denomination (currency)
Denomination is a proper description of a currency amount, usually for coins or banknotes. Denominations may also be used with other means of payment such as gift cards. For example, ''five euros'' is the denomination of a five-euro note. Subunit and super unit In a currency, there is usually a main unit (base) and a subunit that is a fraction of the main unit. In some countries, there are multiple levels of subunits. In the former Ottoman Empire, 1 lira = 100 kuruş = 4000 para = 12000 akçe. Today, only a few places have more than one subunit, notably the Jordanian dinar is divided into 10 dirham, 100 qirsh/piastres, or 1000 fils. Many countries where Western European languages are spoken currently have their main units divided into 100 subunits. Some currencies that previously had subunits no longer do, because inflation has rendered the subunit useless. A prominent example is the Japanese yen, which was formerly divided into 100 sen or 1000 rin. Both subunits were demone ...
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Purchasing Power Parity
Purchasing power parity (PPP) is the measurement of prices in different countries that uses the prices of specific goods to compare the absolute purchasing power of the countries' currency, currencies. PPP is effectively the ratio of the price of a basket of goods at one location divided by the price of the basket of goods at a different location. The PPP inflation and exchange rate may differ from the Exchange rate, market exchange rate because of tariffs, and other transaction costs. The Purchasing Power Parity indicator can be used to compare economies regarding their Gross Domestic Product, labour productivity and actual individual consumption, and in some cases to analyse price convergence and to compare the cost of living between places. The calculation of the PPP, according to the OECD, is made through a ''basket of goods'' that contains a "final product list [that] covers around 3,000 consumer goods and services, 30 occupations in government, 200 types of equipment goods a ...
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Fixed Exchange Rate
A fixed exchange rate, often called a pegged exchange rate, is a type of exchange rate regime in which a currency's value is fixed or pegged by a monetary authority against the value of another currency, a basket of other currencies, or another measure of value, such as gold. There are benefits and risks to using a fixed exchange rate system. A fixed exchange rate is typically used to stabilize the exchange rate of a currency by directly fixing its value in a predetermined ratio to a different, more stable, or more internationally prevalent currency (or currencies) to which the currency is pegged. In doing so, the exchange rate between the currency and its peg does not change based on market conditions, unlike in a floating (flexible) exchange regime. This makes trade and investments between the two currency areas easier and more predictable and is especially useful for small economies that borrow primarily in foreign currency and in which external trade forms a large part of the ...
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Purchasing Power Parity
Purchasing power parity (PPP) is the measurement of prices in different countries that uses the prices of specific goods to compare the absolute purchasing power of the countries' currency, currencies. PPP is effectively the ratio of the price of a basket of goods at one location divided by the price of the basket of goods at a different location. The PPP inflation and exchange rate may differ from the Exchange rate, market exchange rate because of tariffs, and other transaction costs. The Purchasing Power Parity indicator can be used to compare economies regarding their Gross Domestic Product, labour productivity and actual individual consumption, and in some cases to analyse price convergence and to compare the cost of living between places. The calculation of the PPP, according to the OECD, is made through a ''basket of goods'' that contains a "final product list [that] covers around 3,000 consumer goods and services, 30 occupations in government, 200 types of equipment goods a ...
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Multi-National Force – Iraq
The Multi-National Force – Iraq (MNF–I), often referred to as the Coalition forces, was a military command during the 2003 invasion of Iraq and much of the ensuing Iraq War, led by the United States of America ( Operation Iraqi Freedom), United Kingdom ( Operation Telic), Australia, Italy (Operation Ancient Babylon), Spain and Poland, responsible for conducting and handling military operations. The MNF-I replaced the previous force, Combined Joint Task Force 7, on 15 May 2004, and was later itself reorganized into its successor, United States Forces – Iraq, on 1 January 2010. The Force was significantly reinforced during the Iraq War troop surge of 2007. As of May 2011, all non-U.S. coalition members had withdrawn from Iraq, with the U.S. military withdrawing from the country on December 18, 2011, thus, bringing about an end to the Iraq War. The United Nations Assistance Mission in Iraq, which does humanitarian work and has a number of guards and military observers, has als ...
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Kurdistan Region
Kurdistan Region ( ku, هەرێمی کوردستان, translit=Herêmî Kurdistan; ar, إقليم كردستان), abbr. KRI, is an autonomous region in Iraq comprising the four Kurdish-majority governorates of Erbil, Sulaymaniyah, Duhok, and Halabja, and bordering Iran, Syria, and Turkey. The Kurdistan Region encompasses most of Iraqi Kurdistan but excludes the disputed territories of Northern Iraq, contested between the Kurdistan Regional Government and the central Iraqi government in Baghdad since 1992 when autonomy was realized. The Kurdistan Region Parliament is situated in Erbil, but the constitution of the Kurdistan Region declares the disputed city of Kirkuk to be the capital of the Kurdistan Region. When the Iraqi Army withdrew from most of the disputed areas in mid-2014 following the Islamic State’s invasion of Iraq, Kurdish Forces entered the areas and held control there until Iraq retook the areas in October 2017. Throughout the 20th century, Kurds in Ira ...
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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 border, the east, the Persian Gulf and Kuwait to the southeast, Saudi Arabia to the south, Jordan to Iraq–Jordan border, the southwest and Syria to Iraq–Syria border, the west. The Capital city, capital and largest city is Baghdad. Iraq is home to diverse ethnic groups including Iraqi Arabs, Kurds, Iraqi Turkmen, Turkmens, Assyrian people, Assyrians, Armenians in Iraq, Armenians, Yazidis, Mandaeans, Iranians in Iraq, Persians and Shabaks, Shabakis with similarly diverse Geography of Iraq, geography and Wildlife of Iraq, wildlife. The vast majority of the country's 44 million residents are Muslims – the notable other faiths are Christianity in Iraq, Christianity, Yazidism, Mandaeism, Yarsanism and Zoroastrianism. The official langu ...
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