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The Iraqi dinar [a] (code: IQD) [2] is the currency of Iraq. The Iraqi dinar is issued by the Central Bank of Iraq (CBI). On 7 February 2023, the exchange rate with the US Dollar was US$1 = 1300 dinars.
Still, Iraqi officials say the measures have led to a dollar shortage, which has led the Iraqi dinar to change hands at more than 1,500 per dollar in the unofficial market in recent months, up to ...
The Islamic State dinar (Arabic: دينار الدولة الإسلامية), or simply the gold dinar, [1] was the official currency of the Islamic State from 2014 to 2019. Subdivided into dirhams and fulûs , it was modelled after the historical gold dinar that was first introduced in the Muslim world during the time of the Umayyad Caliphate .
After the fall of Saddam Hussein's government, the Central Bank of Iraq was established as Iraq's independent central bank by the Central Bank of Iraq Law 2004, with authorised capital of 100 billion dinars. [12] According to the law, 100% of the bank's capital stock would be held by the State and would not be transferable. [13]
After the Gulf War, the Iraqi government disendorsed the old currency, favoring newly printed Saddam dinars, and the Swiss dinar ceased to be legal tender. However, the old currency still circulated in the politically isolated Kurdistan region of Iraq. The government of the Kurdistan region did not have the printing plates of the Swiss dinar ...
The value of 1 Iraqi dinar was worth more than 3 dollars, making it one of the most notable economic expansions in the region. Saddam Hussein's regime aimed to diversify the Iraqi economy beyond oil. The government invested in various industries, including petrochemicals, fertilizer production, and textile manufacturing, to reduce dependence on ...
Iraqi Swiss dinar; Islamic State dinar This page was last edited on 1 April 2019, at 01:58 (UTC). Text is available under the Creative Commons ...
Anthony Richardson scored on a 2-point conversion run up the middle with 12 seconds remaining in the fourth quarter to give the Indianapolis Colts a 25–24 win over the New England Patriots on ...