Iraq 50000 Dinars Banknote

$30.00

Do you have a Iraq 50000 Dinars Banknote? Here’s how to exchange it with us.

  • Tell us how many 50000 Iraqi Dinars Banknotes you want to exchange
  • Click on the ‘Add to Cart’ button.
  • This will add the exchange value to your online wallet.
Repeat these steps for all banknotes, coins, stamps, and gift cards you want to exchange. Complete the checkout process and get paid within a week or less.
You get: $30.00
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Description

Iraq 50000 Dinars banknote Design

The 50000 dinars note front design features an Assyrian jar at the left, a water wheel on the Euphrates River and palm trees at the center, and Gali Ali Beg waterfall at right. Three tactile bars at the left end. The reverse side of the note has Fishermen’s image, the traditional reed house of the Mesopotamian marshes, rivers Euphrates and Tigris rivers on the map. This note is part of the 2013 – 2018 series and, its color is violet and brown with multicolor.

Text: Central Bank of Iraq, Fifty Thousand Dinars, 50000.

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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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50, 250, 500, 1000, 5000, 10000, 25000, 50000

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