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 ~ ~ ~ ~ ~ ~ ~ ~ ~ ~
\n\");}
//-->
~ ~ ~ ~ ~ ~ ~ ~ ~ ~ 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) | ~ Table of Content ~
\n\");}
//-->
~ 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) -~ Community ~
| ||||||||||||||||||
Lexicon - Contact us/Report abuse - Privacy Policy - Spiritus-Temporis.com ©2005. - stvers1 - 2012-02-12 - evol2 - 0.42








