Iraqi dinar


 
 

The Iraqi dinar (ISO 4217: IQD, pronounced: di-'n?r) is the legal currency of Iraq. The dinar is issued by the Central Bank of Iraq

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Banknotes issued between 1990 and October 2003, along with a 25-dinar note issed in 1986, bear an idealized engraving of former Iraqi President Saddam Hussein. Following the 1991 Gulf War, Iraq's currency was printed both locally and in China using poor grade wood pulp paper (rather than cotton or linen) and inferior quality lithography (some notes were reputedly printed on presses designed for printing newspapers). Counterfeited banknotes often appeared to be of better quality than real notes. Despite the collapse in the value of the Iraqi dinar, the highest denomination printed until 2002 was 250 dinars. In 2002, the Central Bank of Iraq issued a 10,000-dinar 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 250-dinar notes for everyday use. The other, smaller bills were so worthless that they largely fell into disuse. This situation meant that Iraq, for the most part, had only one denomination of banknote in wide circulation.


 

ISO 4217: ISO 4217 is an international standard describing three letter codes to define the names of currencies established by the International Organization for Standardization (ISO)....

Currency: :For current exchange rates, see Exchange links....

Central Bank of Iraq: The Central Bank of Iraq is Iraq's central bank. The current Governor of the Central Bank of Iraq is Sinan Al-Shibibi....


Iraqi dinar related Images and Photos (experimental)

Iraqi Boys Play Soccer Below the Poster Reading ''To Grant Iraqi Children Better Iraq''
Iraqi Boys Play Soccer Below the Poster Reading "To Grant Iraqi Children Better Iraq"
Iraqi Enemy Soldier Kneeling  Face-Down  in Grotesque Death Sprawl
Iraqi Enemy Soldier Kneeling Face-Down in Grotesque Death Sprawl
Iraqi Woman Holds Up Her Purple Finger  Indicating She Has Just Voted in Southern Iraq
Iraqi Woman Holds Up Her Purple Finger Indicating She Has Just Voted in Southern Iraq
Aerial Pinpointing Destroyed Soviet-Made Iraqi Tanks Amid Ruins of Ahmed Al-Jaber Airfield
Aerial Pinpointing Destroyed Soviet-Made Iraqi Tanks Amid Ruins of Ahmed Al-Jaber Airfield
Chinese-Made Silkworm Missile Left by Withdrawing Iraqi Gulf War Forces
Chinese-Made Silkworm Missile Left by Withdrawing Iraqi Gulf War Forces
US Army 1st Cavalry Firing Missile at Iraqi Position in Kuwait  Gulf War
US Army 1st Cavalry Firing Missile at Iraqi Position in Kuwait Gulf War
US Army Surgical Hospital Team Working on Gulf War Casualty  Wounded Iraqi POW Enemy Soldier
US Army Surgical Hospital Team Working on Gulf War Casualty Wounded Iraqi POW Enemy Soldier
US Marine Carrying American Flag to Free Kuwait from Iraqi Occupation
US Marine Carrying American Flag to Free Kuwait from Iraqi Occupation
Cnn Camera Crew Filming an Amer. Gi under Press Restrictions During Iraqi Invasion of Kuwait
Cnn Camera Crew Filming an Amer. Gi under Press Restrictions During Iraqi Invasion of Kuwait

~ Table of Content ~

Introduction
Old Iraqi dinar
New Iraqi dinar
Iraqi dinar speculation
See also
External links
 


 

~ Related Subjects ~

Iraq (2) - Central Bank of Iraq (2) - Counterfeit (1) - 2002 (1) - International standard (1) - Quality (1) - Linen (1) - Lithography (1) - Exchange links (1) - Central bank (1) - Sinan Al-Shibibi (1) - Currencies (1) - International Organization for Standardization (1) - Exchange rates (1) - Cotton (1) -
 

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