Description

Iraq 1000 Dinars banknote Design

The 1000 dinars have two types with different faces; one has the medieval dinar coin image at the center. Its medieval gold coin was first issued in AH 77 (696 – 697 CE) by Caliph Abd al-Malik ibn Marwan. The other version features an Assyrian star, a man on a boat, inscription Enlisting the marshes and Heritage of South Iraq in the World Heritage List.

The reverse note side of both has the image from the Al-Mustaniriyah University in Baghdad. It’s the most prominent and high-ranking center for Islamic studies in all of Baghdad. Their colors are brown and tan on multicolor underprint. It was printed by Thomas De La Rue & Company, Limited (England) – TDLR.

Text: Central Bank of Iraq, One Thousand Dinars, 1000.

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The Dinar, first introduced in 1932 to replace the Indian rupee, had a conversion rate of one Dinar for 11 rupees. The Dinar was pegged to the British pound (GBP) until 1959 when it was pegged to the U.S. dollar (USD). The exchange rate remained relatively stable until the Gulf War in the early 1990s.

The official currency circulated in Iraq since 1932 it is the Dinar. The Iraqi Monetary Committee issued banknotes of ¼, ½, 1, 5, 10, and 100 dinars. In 2003, new banknotes were issued in denominations of 50, 250, 1,000, 5,000, 10,000 and 25,000 dinars. One year later, they introduced the 500 dinar note.

What Is the Iraqi Dinar (IQD)?

IQD is the currency code for the Iraqi Dinar, the currency of Iraq. The Central Bank of Iraq circulates the Iraqi Dinar, which comprises 1,000 fils. However, due to inflation, fils are no longer used, and dinars are the smallest currency unit in circulation.

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