Category: Iraqi dinar for sale
A Brief History of the Dinar
The monetary system of Iraq has experienced a storied history steeped in political intrigue and imperialist molding. For some time during the first World War, British forces occupied the country and forced the Indian Rupee onto Iraq. Since being left to its own devices following that war, the country has used the Iraqi dinar.
The dinar trade, regulated by the National Bank of Iraq from 1947 until 1954 when the Central Bank of Iraq took over, has grown and changed since it took over from the rupee in the middle of the twentieth century. For example twenty five dinar notes bearing former Iraqi president Saddam Hussein were printed in 1986, and in the years between 1991 to 2003.
In 1991, the dinar currency value plummeted along with the quality of the material used to make the notes. The Iraqi govern
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